[144] QuantumScape Corp SEC Filing

Rhea-AI Filing Summary

Form 144 notice for QuantumScape Corp (QS) shows a proposed sale of 38,035 common shares through Morgan Stanley Smith Barney with an aggregate market value of $347,267.16. The filing lists the approximate sale date as 09/12/2025 and reports 522,939,205 shares outstanding, so the proposed sale represents a very small fraction of the company’s outstanding stock.

The securities were acquired on 08/15/2025 via restricted stock vesting under a registered plan. The filing also discloses a prior sale on 07/25/2025 by Michael McCarthy of 500,000 shares for gross proceeds of $5,798,840.00. The filer certifies no undisclosed material adverse information.

Positive

• Transaction disclosed under Rule 144, showing regulatory compliance and transparency
• Securities acquired via restricted stock vesting, indicating lawful, plan-based acquisition

Negative

• Prior sale of 500,000 shares on 07/25/2025 for $5,798,840 is a larger insider disposition in the recent period

Insights

Securities Analyst

TL;DR: Small planned sale following restricted stock vesting; prior larger sale occurred in July.

The proposed 38,035-share sale equals roughly 0.0073% of outstanding shares, so it is unlikely to move the market by itself. The shares were acquired through restricted stock vesting on 08/15/2025, indicating a routine post-vesting disposition. The previous 500,000-share sale on 07/25/2025 generated $5.8 million, which is materially larger in absolute terms but still modest relative to total float. For investors, these are orderly disclosures of insider liquidity rather than signals of corporate stress.

Corporate Governance Expert

TL;DR: Filing documents compliance with Rule 144; transactions appear routine and disclosed.

The notice documents that the 38,035 shares were from restricted stock vesting and will be sold through a broker, consistent with standard insider disposal procedures. The signature statement affirms no undisclosed material information, meeting common disclosure expectations. The prior sale by Michael McCarthy is disclosed, which helps maintain transparency about recent insider transactions. No governance red flags are explicit in the filing text provided.

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	38035	347267.16	522939205	09/12/2025	NYSE

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	08/15/2025	Restricted stock vesting under a registered plan	Issuer			38035	08/15/2025	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	07/25/2025	500000	5798840.00

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 the Form 144 filed for QS report?

The form reports a proposed sale of 38,035 common shares of QuantumScape (QS) with aggregate market value of $347,267.16, to be sold via Morgan Stanley Smith Barney around 09/12/2025.

How were the 38,035 QS shares acquired?

The shares were acquired on 08/15/2025 through restricted stock vesting under a registered plan.

Who sold shares recently and how many?

The filing discloses a prior sale by Michael McCarthy of 500,000 common shares on 07/25/2025 for gross proceeds of $5,798,840.00.

What broker is handling the proposed sale?

The proposed sale is to be executed through Morgan Stanley Smith Barney LLC, 1 New York Plaza, New York, NY.

How large is the proposed sale relative to outstanding shares?

The company has 522,939,205 shares outstanding, so the 38,035-share sale represents a very small fraction of total shares outstanding.