QS insider resale notice for 30,000 shares via Morgan Stanley

Rhea-AI Filing Summary

QS filed a Form 144 notice for a proposed sale of 30,000 shares of Class A Common stock through Morgan Stanley Smith Barney LLC, with an approximate sale date of 10/27/2025 on the NYSE. The filing lists an aggregate market value of 3662662408.30 for the proposed sale.

The seller previously sold 30,000 shares on 10/24/2025 for $498,306.00 in gross proceeds. The shares to be sold were acquired via restricted stock vesting under a registered plan on 02/15/2024 (21,476 shares) and 02/21/2024 (8,524 shares). Form 144 is a notice of a planned sale by a security holder and does not indicate an issuance by the company.

Insights

Securities law analyst

Administrative Form 144 for potential insider sale; neutral impact.

This filing is a notice under Rule 144 for the potential resale of issuer equity by a security holder. It lists 30,000 shares of Class A Common to be sold through Morgan Stanley Smith Barney LLC on the NYSE, with an approximate date of 10/27/2025. It is not a primary issuance by the company.

The filing details how the shares were acquired: restricted stock vesting on 02/15/2024 (21,476 shares) and 02/21/2024 (8,524 shares). It also notes a prior sale in the last three months of 30,000 shares for $498,306.00 gross proceeds. Actual sale execution and pricing depend on market conditions and holder decisions.

Because this is a routine resale notice, it typically carries neutral investment significance. Subsequent execution details, if any, would appear in trade reports or later disclosures.

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
Class A Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	30000	3662662408.30	562404592	10/27/2025	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 *
Class A Common	02/15/2024	Restricted stock vesting under a registered plan	Issuer			21476	02/15/2024	Cash
Class A Common	02/21/2024	Restricted stock vesting under a registered plan	Issuer			8524	02/21/2024	Cash

* 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
SRINIVASAN SIVARAM 1730 Technology Drive San Jose CA 95110	Common	10/24/2025	30000	498306.00

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 did QS disclose in this Form 144?

A planned sale of 30,000 shares of Class A Common through Morgan Stanley Smith Barney LLC on the NYSE, with an approximate date of 10/27/2025.

What is the aggregate market value listed for the QS shares to be sold?

The filing lists an aggregate market value of 3662662408.30 for the proposed sale.

How and when were the QS shares acquired?

They were acquired via restricted stock vesting under a registered plan on 02/15/2024 (21,476 shares) and 02/21/2024 (8,524 shares).

Which broker and exchange are named for the QS sale?

Broker: Morgan Stanley Smith Barney LLC. Exchange: NYSE.

Did the seller conduct any recent QS share sales?

Yes. The filing reports a sale of 30,000 shares on 10/24/2025 for $498,306.00 in gross proceeds.

Is QS issuing new shares in this filing?

No. This is a Form 144 notice of a planned resale by a security holder, not a primary issuance.