Form 4: Quantum Corp Executive Brian Cabrera Reports Stock Transactions
SEC Form 4 Filing
Brian Cabrera, SVP Chief Admin Ofcr & Secy of Quantum Corp, reports acquisition and disposition of common stock on April 21, 2025.
Summary
- On April 21, 2025, Brian E. Cabrera, SVP Chief Admin Ofcr & Secy of Quantum Corp, reported transactions involving the company's common stock.
- Cabrera acquired 1,874 shares and disposed of 1,078 shares at a weighted average price of $9.6488.
- The sale was to cover tax withholding obligations related to the vesting of performance-based stock units granted on July 1, 2022, and November 1, 2022.
- Following these transactions, Cabrera beneficially owns 28,736 shares of Quantum Corp.
- The shares were sold as part of block trades for multiple security holders at prices ranging from $9.6144 to $9.67.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives who receive stock-based compensation. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 2022-07-01 | Date of grant for performance-based stock units. |
| 2022-11-01 | Date of grant for performance-based stock units. |
| 2025-04-21 | Date of stock acquisition and disposition. |
| 2025-04-23 | Date of signature for the Form 4 filing. |
Keywords
Quantum Corp, Brian Cabrera, stock transactions, Form 4, SEC filing, common stock, executive compensation, insider trading
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