---
schema_version: "secwatch.filing_event.v1"
accession: "0000709283-25-000023"
form_type: "8-K"
ticker: "QMCO"
cik: "0000709283"
company_name: "QUANTUM CORP /DE/"
filed_at: "2025-08-18T23:59:59+00:00"
generated_at: "2026-05-17T12:11:47.430517+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Quantum Corp CFO resigns; terminates PNC credit line; restatement cuts Q3 rev by $3.9M

## Summary
- CFO Lewis Moorehead resigns effective Aug 18, 2025; Laura Nash (CAO) becomes Principal Financial Officer.
- Revolving credit facility with PNC Bank terminated; $1.2M early termination fee paid in full.
- Restatement expects $3.9M revenue decrease for fiscal Q3 ending Dec 31, 2024, consistent with prior disclosure.
- Search for new CFO initiated; no indication of fraud or misconduct.

## SEC filing metadata
- accession: 0000709283-25-000023
- form_type: 8-K
- ticker: QMCO
- cik: 0000709283
- company_name: QUANTUM CORP /DE/
- filed_at: 2025-08-18T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.02, 2.02, 8.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/709283/000070928325000023/0000709283-25-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/709283/000070928325000023/qtm-20250812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000709283-25-000023
- JSON: https://secwatch.observer/filing/0000709283-25-000023.json
- Plain text: https://secwatch.observer/filing/0000709283-25-000023.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.