QuantumScape officer plans sale of 240K shares
QuantumScape Corporation (QS) received a notice that officer Timothy Holme, together with several related trusts, plans to sell up to 240,000 shares of Class A common stock under Rule 144.
Rhea-AI Filing Summary
QuantumScape Corporation (QS) received a notice that officer Timothy Holme, together with several related trusts, plans to sell up to 240,000 shares of Class A common stock under Rule 144. The shares are to be sold through Goldman Sachs & Co. LLC pursuant to a Rule 10b5-1(c) selling plan dated June 10, 2026.
The filing allocates 150,000 shares to sales by Timothy Holme and a total of 90,000 shares to four Holme family irrevocable trusts. The intended sales relate in part to Class B common shares originally acquired from the issuer in a private transaction that will convert into Class A common shares in connection with any sales.
Positive
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Negative
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Key Figures
Shares planned for sale: 240,000 shares
Aggregate market value of planned sale: $1,212,000
Shares outstanding: 587,219,164 shares
+4 more
7 metrics
Shares planned for sale
240,000 shares
Class A common stock to be sold under Rule 144 via Goldman Sachs & Co. LLC
Aggregate market value of planned sale
$1,212,000
Value associated with the 240,000 QuantumScape Class A shares covered by the notice
Shares outstanding
587,219,164 shares
QuantumScape Class A common stock outstanding in connection with the notice
Shares to be sold by Timothy Holme
150,000 shares
Portion of the 240,000 shares allocated to sales by Timothy Holme
Shares to be sold by Holme family trusts
90,000 shares
15,000 shares each by three 2023 irrevocable trusts and 45,000 by the 2020 irrevocable trust
Example prior sale by Timothy Holme
59,822 shares for $427,589.71
Class A common stock sale on July 2, 2026
Example prior sale by Holme 2020 Irrevocable Trust
27,893 shares for $155,869.76
Class A common stock sale on August 19, 2026
Key Terms
Rule 144, Rule 10b5-1(c), Class A Common Stock, selling plan, +1 more
5 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Rule 10b5-1(c) regulatory
"selling plan dated 6/10/2026 that is intended to comply with Rule 10b5-1(c)."
Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.
Class A Common Stock financial
"Class A Common Stock | Goldman Sachs & Co. LLC"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
selling plan financial
"sales of shares set forth herein are made in connection with a selling plan dated 6/10/2026"
irrevocable trust financial
"The Holme 2020 Irrevocable Trust dtd 8/21/2020"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing mean for QuantumScape (QS)?
The filing states that 240,000 shares of QuantumScape Class A common stock may be sold by officer Timothy Holme and related trusts under Rule 144, using Goldman Sachs & Co. LLC as broker, pursuant to a Rule 10b5-1(c) selling plan dated June 10, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
