[144] QuantumScape Corporation SEC Filing
Rhea-AI Filing Summary
QuantumScape insider Mohit Singh has filed Form 144 declaring intention to sell 290,000 shares of common stock with an aggregate market value of $1,727,675. The proposed sale is planned for June 25, 2025, through Fidelity Brokerage Services on the NYSE.
The securities were acquired through stock options on June 25, 2025. The filing reveals previous insider sales by Singh in the past 3 months:
- May 19, 2025: 71,428 shares for $315,318.91
- February 21, 2025: 22,747 shares for $121,505.37
- February 20, 2025: 30,957 shares for $159,010.63
The company currently has 515,685,016 shares outstanding. This Form 144 represents Singh's declaration of intention to sell approximately 0.06% of total shares outstanding, indicating a relatively minor impact on the company's float.
Positive
- None.
Negative
- Insider plans to sell 290,000 shares worth approximately $1.73M, following recent sales of 125,132 shares over the past 3 months totaling about $596K, indicating continued selling pressure from management