[144] QuantumScape Corporation SEC Filing
Rhea-AI Filing Summary
QuantumScape Corp (NYSE: QS) Officer Mohit Singh has filed Form 144 indicating intent to sell 325,000 shares of common stock with an aggregate market value of $2,343,607.50. The sale is planned through Fidelity Brokerage Services LLC with an approximate sale date of June 26, 2025.
The securities were acquired through stock options on June 26, 2025. Notable recent trading activity by Singh includes:
- May 19, 2025: Sold 71,428 shares for $315,318.91
- June 25, 2025: Sold 290,000 shares for $1,727,675.00
The filing indicates Singh is operating under a Rule 10b5-1 trading plan adopted on September 12, 2024. As of the filing date, QuantumScape has 515,685,016 shares outstanding. The seller affirms no knowledge of undisclosed material adverse information regarding the company's operations.
Positive
- None.
Negative
- Officer Mohit Singh plans to sell 325,000 shares worth $2.34M through a 10b5-1 plan, following recent sales of 361,428 shares worth $2.04M in the past 3 months, indicating significant insider selling pressure