QS Form 144: Insider plans sale; value cited at $706,042
Rhea-AI Filing Summary
QuantumScape (QS) insider Michael McCarthy filed a Form 144 indicating a proposed sale of 46,264 common shares through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate market value of $706,042.29. The shares are listed on the NYSE, with an approximate sale date of 10/24/2025.
The notice details recent acquisitions under company plans: 25,000 from option exercises on 10/24/2025, 20,000 from restricted stock vesting on 05/15/2025, and 1,264 shares via the employee stock purchase plan across 06/02/2025 and 12/02/2024. It also lists prior sales in the last three months: 500,000 shares on 07/25/2025 for $5,798,840.00 and 38,035 shares on 09/12/2025 for $347,267.16. Shares outstanding were 522,939,205.
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Insights
Administrative Form 144 notice for an affiliate share sale.
Form 144 is a notice of proposed sales by affiliates under Rule 144. Here, the filer indicates intent to sell 46,264 common shares, listing Morgan Stanley Smith Barney LLC as broker and the NYSE as the trading venue. The filing includes an aggregate market value of $706,042.29 and an approximate sale date of 10/24/2025.
The disclosure itemizes how the securities were acquired: 25,000 via option exercise, 20,000 via restricted stock vesting, and 1,264 via an employee stock purchase plan, each tied to explicit dates. It also lists prior three‑month sales of 500,000 and 38,035 shares with corresponding proceeds. These details satisfy Rule 144 informational requirements.
Such notices are routine for insiders and do not, by themselves, indicate changes in company operations. Actual sales, timing, and amounts depend on market conditions and broker execution as permitted by Rule 144.