secwatch.observer — SEC 8-K summary
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Issuer:     QUANTUM CORP /DE/ (QMCO)
CIK:        0000709283
Form:       8-K
Filed at:   2026-09-01T20:50:42+00:00
Accession:  0001628280-26-059879
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quantum appoints Hiral A. Patel as Chief Accounting Officer, effective Sept 1, 2026
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- Patel, 38, previously CAO at Pep Boys, VP/Controller at IKEA Retail, Senior Director at VeriFone, Assurance Senior Manager at EY.
- Compensation: $335,000 base salary, 50% target bonus, 50,000 RSUs vesting in 3 annual installments, change-of-control severance.
- She will lead global accounting, financial reporting, revenue recognition, internal controls, and tax functions.
- Patel is a CPA with a BBA in Accounting from Temple University; appointment effective immediately.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/709283/000162828026059879/0001628280-26-059879-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/709283/000162828026059879/qtm-20260901.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-059879

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer