UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 19, 2025
(Exact name of registrant as specified in its charter) | ||
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Securities registered pursuant to Section 12(b) of the Act:
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On March 19, 2025, Christopher D. Neumeyer, a member of the Board of Directors (the “Board”) of Quantum Corporation (the “Company”), informed the Company of his decision to resign from the Board, effective as of March 19, 2025. Mr. Neumeyer’s decision to resign is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Mr. Neumeyer is an executive vice president and portfolio manager at Pacific Investment Management Company LLC (“PIMCO”), an affiliate of lenders to the Company. The Company understands that PIMCO intends to retain its board observation rights and maintain its existing lending relationship with the Company.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Quantum Corporation | ||||||||||||||
| (Registrant) | ||||||||||||||
| March 20, 2025 | /s/ Brian E. Cabrera | |||||||||||||
| (Date) | Brian E. Cabrera | |||||||||||||
| Senior Vice President, Chief Administrative Officer, Chief Legal and Compliance Officer, and Corporate Secretary | ||||||||||||||