[144] QuantumScape Corporation SEC Filing

Rhea-AI Filing Summary

Document type: PX14A6G (Notice of Exempt Solicitation). Bowyer Research, which owns less than $5 million of Albertsons Companies (ACI) stock, voluntarily files this notice to influence proxy voting.

Key request: Shareholders are urged to vote AGAINST Proposal 6, which asks the company to publish a report on the costs associated with differing state-level reproductive-health regulations.

• Core argument: The proposal drags Albertsons into an abortion debate unrelated to its business mission and could alienate customers, employees and investors, thereby eroding brand value.
• Faith-based critique: Bowyer notes that the lead proponent—the Presbyterian Church (USA) pension board—appears to contradict traditional Christian views on the sanctity of life, potentially confusing faith-driven stakeholders.
• Demographic angle: Wider abortion access may reduce future population growth, ultimately shrinking the grocer’s long-term customer base.
• Operational impact: Albertsons already offers legally compliant, comprehensive health benefits; extra reporting would divert resources and expose the company to unnecessary reputational and political risk.

Call to action: Vote NO on Proposal 6. Bowyer Research bears all solicitation costs and is not asking for proxy cards.

Positive

• None.

Negative

• Proposal 6 could impose additional reporting costs and embroil Albertsons in a politically divisive issue, introducing reputational risk without clear financial upside.

Insights

Corporate Governance Analyst

TL;DR Voluntary filing urges investors to reject socially contentious Proposal 6; impact on valuation appears limited.

From a governance standpoint, PX14A6G filings mainly signal minority-shareholder activism rather than material corporate change. Bowyer Research argues the proposal could distract management and damage brand equity, but the notice itself does not compel board action. Because the filer holds under the 5 % threshold and there is no accompanying campaign with significant voting power, the probability of Proposal 6 passing remains uncertain. Investors should monitor overall proxy-vote tallies for any sign of rising support for politicized resolutions, yet the immediate financial impact on ACI is neutral to low. The filing does, however, underscore growing ESG-related polarization that could influence future proxy seasons.

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
common	Fidelity Brokerage Services LLC 245 Summer Street Boston MA 02110	465000	3819324.00	515685016	07/08/2025	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 *
Common	07/08/2025	Stock Options	QUANTUMSCAPE			465000	07/08/2025	Stock Options

* 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
Mohit Singh c/o Quantumscape Corporation 1730 Technology Dr San Jose CA 95110	Common Stock	05/19/2025	71428	315318.91
Mohit Singh c/o Quantumscape Corporation 1730 Technology Dr San Jose CA 95110	Common Stock	06/25/2025	290000	1727675.00
Mohit Singh c/o Quantumscape Corporation 1730 Technology Dr, San Jose CA 95110	Common Stock	06/26/2025	325000	2343607.50

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)

FAQ

What is Proposal 6 at Albertsons (ACI)?

It seeks a report on the costs of state-level reproductive-health restrictions for Albertsons.

Who filed the exempt solicitation against Proposal 6?

Bowyer Research, a firm holding less than $5 million of ACI shares.

What voting recommendation does Bowyer Research give?

The firm urges shareholders to vote NO on Proposal 6.

Why does Bowyer Research oppose the proposal?

It claims the issue is outside Albertsons' core mission, could alienate stakeholders and create reputational risk.

Does the notice solicit proxy cards from investors?

No. The filer explicitly states it will not accept or vote proxies; investors should follow the instructions on their proxy cards.