Director sells shares; Morgan Stanley handles 30,000 (NASDAQ: QS)

Rhea-AI Filing Summary

QS — Form 144 notice: proposed sale of common stock. The filing lists 30,000 shares of common stock to be sold by a broker-dealer (Morgan Stanley Smith Barney LLC) in connection with restricted stock vesting under a registered plan on 02/17/2026. The excerpt also records recent sales by Michael McCarthy: $129,648.57 for 18,393 shares on 02/25/2026, $129,883.38 for 18,356 shares on 02/19/2026, and $416,752.97 for 58,332 shares on 02/18/2026.

Insights

Insider Transactions Analyst

Routine Form 144 notice for restricted-stock-related sales; multiple recent insider dispositions recorded.

The filing lists 30,000 shares to be sold by a broker-dealer tied to restricted stock vesting on 02/17/2026, which is an administrative registration step permitting sales under Rule 144.

Michael McCarthy's disclosed trades total 95,081 shares sold across three dates, with proceeds shown as $675,384.92 in the excerpt; these are reported dispositions rather than company-initiated issuances. Timing and plan mechanics are described as "restricted stock vesting under a registered plan."

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	30000	207144.00	575291274	03/04/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/17/2026	Restricted stock vesting under a registered plan	Issuer			30000	02/17/2026	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
MICHAEL MCCARTHY 1730 Technology Drive San Jose CA 95110	COMMON	02/25/2026	18393	129648.57
MICHAEL MCCARTHY 1730 Technology Drive San Jose CA 95110	COMMON	02/19/2026	18356	129883.38
MICHAEL MCCARTHY 1730 Technology Drive San Jose CA 95110	COMMON	02/18/2026	58332	416752.97

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does QS's Form 144 disclose?

The Form 144 discloses a proposed sale of 30,000 shares related to restricted stock vesting on 02/17/2026. It also lists three recent sales by Michael McCarthy totaling 95,081 shares with dollar proceeds shown in the excerpt.

Who is the broker-dealer handling the sale in the QS filing?

The filing names Morgan Stanley Smith Barney LLC as the broker-dealer for the proposed sale of 30,000 shares. The sale is associated with restricted stock vesting under a registered plan on 02/17/2026.

How many shares did Michael McCarthy sell recently according to the filing?

Michael McCarthy reported sales of 18,393, 18,356, and 58,332 shares on 02/25/2026, 02/19/2026, and 02/18/2026, respectively, with proceeds listed for each transaction in the excerpt.

Does the Form 144 indicate proceeds go to the issuer or selling holder?

The excerpt ties the 30,000-share registration to restricted stock vesting under a registered plan and lists broker-dealer handling; it shows sales by Michael McCarthy, indicating proceeds are from selling holders rather than direct issuer proceeds.