[144] QuantumScape Corporation SEC Filing

Rhea-AI Filing Summary

QuantumScape Corporation (QS) – Form 144 filing dated 07/03/2025. The notice discloses a proposed sale of 864,708 Class A common shares through Goldman Sachs & Co. with an aggregate market value of $6.07 million. The shares equal roughly 0.17% of the company’s 515.7 million shares outstanding and are expected to be sold on or after 07/03/2025 on the NYSE.

Source of shares. • 508,832 shares were originally Class B stock acquired privately from the issuer on 09/02/2020 and will convert to Class A upon sale. • Two additional blocks of 177,938 shares each were received as gifts on 10/08/2021 from the Friedrich Prinz & Gertrud Prinz Annuity Trusts.

Recent activity. The filer previously sold 61,523 Class A shares on 05/22/2025, generating gross proceeds of $240,997.90.

Key context. Form 144 is a notice, not a commitment; sales may or may not occur. No adverse inside information is asserted, and the filer certifies compliance with Rule 144 and, if applicable, Rule 10b5-1.

Insights

Securities Analyst

TL;DR: Insider plans to sell 0.17% of QS stock (~$6 m); modest size suggests limited market impact but signals ongoing liquidity harvesting.

The filing shows an individual affiliated with QuantumScape—named elsewhere in the document as Friedrich Prinz—intends to dispose of 864,708 Class A shares via Goldman Sachs. While $6 million is material for the seller, it represents a small fraction of daily trading volume and only 0.17% of shares outstanding, limiting expected price pressure. Shares originated from a 2020 private Class B purchase and two 2021 gifts, indicating a long-held position now being monetised. Investors often view insider sales cautiously, but the scale and Rule 144 notice format point to routine diversification rather than a strategic shift. Prior 61,523-share sale in May 2025 shows an orderly disposition pattern. Overall market impact: neutral to slightly negative.

Corporate Governance Expert

TL;DR: Filing reflects compliance with Rule 144; no undisclosed adverse info claimed; governance risk appears low.

The seller affirms no material non-public information, satisfying Rule 144 and 10b5-1 requirements. Use of a major broker and clear disclosure of acquisition history and prior sales demonstrate procedural transparency. Absence of option exercise, debt settlement, or unusual consideration reduces governance red flags. Because the transaction is ordinary-course and under 1% of float, it does not materially dilute existing holders nor trigger control concerns. Governance impact is minimal.

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 Stock	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	864708	6070250.16	515685016	07/03/2025	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 Stock	09/02/2020	Acquired Class B common shares from Issuer in private transaction; Class B common shares to be converted to Class A common shares in connection with any sales	Issuer			508832	09/02/2020	None
Class A Common Stock	10/08/2021	Acquired as a gift	Friedrich Prinz Annuity Trust & Gertrud Prinz Annuity Trust		07/15/2019	177938	10/08/2021	None
Class A Common Stock	10/08/2021	Acquired as a gift	Friedrich Prinz Annuity Trust & Gertrud Prinz Annuity Trust		07/15/2019	177938	10/08/2021	None

* 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
Friedrich Prinz 1730 Technology Drive San Jose CA 95110	Class A Common Stock	05/22/2025	61523	240997.9

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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)