QuantumScape (NYSE: QS) officer, trust plan sale of 20,345 and 27,893 shares
Rhea-AI Filing Summary
QuantumScape Corp (QS) discloses a planned sale of Class A common stock by officer Timothy Holme under Rule 144. Goldman Sachs & Co. LLC is listed as broker, and the shares trade on the NYSE. The notice references a selling plan dated 06/05/2025 that is intended to comply with Rule 10b5‑1(c), covering sales of 20,345 shares by Holme and 27,893 shares by The Holme 2020 Irrevocable Trust dtd 8/21/2020. The filing also lists prior acquisitions of QuantumScape shares by Holme through restricted stock units in 2023, 2024, and 2025, plus a 2011 gift to a 2020 annuity trust, and details numerous share sales by Holme and the associated trust in May, June, July, and August 2026.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold by Timothy Holme: 20,345 shares
Shares to be sold by Holme 2020 Irrevocable Trust: 27,893 shares
RSU-derived shares 2023 grant: 3,708 shares
+5 more
8 metrics
Shares to be sold by Timothy Holme
20,345 shares
Stated in selling plan intended to comply with Rule 10b5‑1(c)
Shares to be sold by Holme 2020 Irrevocable Trust
27,893 shares
Stated in selling plan intended to comply with Rule 10b5‑1(c)
RSU-derived shares 2023 grant
3,708 shares
Class A common stock acquired as compensation via restricted stock units on 04/06/2023
RSU-derived shares 2024 grant
7,951 shares
Class A common stock acquired as compensation via restricted stock units on 04/05/2024
RSU-derived shares 2025 grant
8,686 shares
Class A common stock acquired as compensation via restricted stock units on 04/08/2025
Gift-related shares to annuity trust
27,893 shares
Class A common stock acquired as a gift by The Timothy Holme 2020 Annuity Trust on 01/17/2011
Date of selling plan
06/05/2025
Date of plan intended to comply with Rule 10b5‑1(c)
Date of notice
08/19/2026
Notice date for Rule 144 filing regarding QuantumScape Class A common stock
Key Terms
Rule 144, Rule 10b5-1(c), restricted stock units, Irrevocable Trust, +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 06/05/2025 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.
restricted stock units financial
"Acquired as compensation -- Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
selling plan financial
"in connection with a selling plan dated 06/05/2025"
FAQ
What trading plan is referenced in QuantumScape (QS) officer Timothy Holme’s Form 144?
The filing states that the sales are made in connection with a selling plan dated 06/05/2025 intended to comply with Rule 10b5‑1(c). Such plans prearrange trades to allow insiders to sell shares over time under preset conditions.
Which broker is handling the QS Rule 144 sales for Timothy Holme?
The broker listed is Goldman Sachs & Co. LLC, located at 200 West Street, New York, NY 10282. Goldman Sachs signs the notice on behalf of Timothy Holme in connection with the planned Rule 144 sales of QuantumScape Class A common stock.
What prior equity awards to Timothy Holme are referenced in the QS Form 144?
The document lists QuantumScape Class A shares acquired by Holme as compensation via restricted stock units on 04/06/2023 (3,708 shares), 04/05/2024 (7,951 shares), and 04/08/2025 (8,686 shares), along with shares acquired as a gift to a 2020 annuity trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.