[144] QuantumScape Corporation SEC Filing

Rhea-AI Filing Summary

QuantumScape Corporation (QS) filed a Form 144 reporting the proposed sale of 45,371 Class A common shares through Morgan Stanley Smith Barney on the NYSE with an approximate sale date of 08/18/2025. The shares were acquired by the filer on 08/15/2025 upon RSU vesting and were paid as compensation; the filing lists an aggregate market value of $409,700.13 and total shares outstanding of 522,939,205. The filing also discloses a prior sale by Michael O. McCarthy III of 500,000 shares on 07/25/2025 generating $5,798,850.00. The filer attests there is no undisclosed material adverse information.

Positive

• Timely disclosure of proposed insider sale complying with Rule 144
• Clear acquisition detail showing shares were acquired via RSU vesting and paid as compensation
• Prior sale disclosed with specific proceeds, enhancing transparency for investors

Negative

• Material insider disposition of 500,000 shares on 07/25/2025 generating $5,798,850 could affect perceived insider confidence
• Sale activity may increase share supply in short term, which could exert downward pressure on price (if combined with other sellers)

Insights

Securities Analyst

TL;DR: Insider selling via RSU vesting and a recent large sale were disclosed; impact appears neutral but notable for liquidity monitoring.

The Form 144 shows a planned sale of 45,371 vested RSU shares valued at $409,700 and documents a prior 500,000-share sale generating $5.8 million. From a market-impact perspective, the proposed sale size relative to total outstanding shares is small, but the recent larger disposition by an insider is material in dollar terms and relevant to trading liquidity and supply. The filing is routine, provides clear acquisition/payment details (compensation via RSU vesting), and follows Rule 144 disclosure requirements.

Corporate Governance Expert

TL;DR: The filing is a routine insider disclosure; it documents RSU vesting and prior sales, raising governance transparency but not indicating misconduct.

The notice identifies the relationship to the issuer via RSU compensation and includes the statutory representation that no undisclosed material adverse information exists. Timely disclosure of both the vested RSUs and the prior 500,000-share sale supports good governance practices. There is no information here about trading plans, blackout periods, or intent, so governance implications are limited to transparency rather than signaling corporate issues.

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	Morgan Stanley Smith Barney LLC 1 New York Plaza, 38th floor New York NY 10004	45371	409700.13	522939205	08/18/2025	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	08/15/2025	RSU vesting	Issuer			69801	08/15/2025	Compensation

* 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
Michael O. McCarthy III 1730 Technology Dr. San Jose CA 95110	Class A Common Stock	07/25/2025	500000	5798850.00

144: Remarks and Signature

Remarks

Date of Notice

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 does QuantumScape's (QS) Form 144 report?

The Form 144 reports a proposed sale of 45,371 Class A shares (aggregate market value $409,700.13) with an approximate sale date of 08/18/2025.

How were the shares being sold acquired?

The shares were acquired on 08/15/2025 through RSU vesting and the payment is listed as compensation.

Who is the broker handling the proposed sale?

The broker listed is Morgan Stanley Smith Barney LLC at 1 New York Plaza, 38th floor, New York, NY.

Did the filer sell other QS shares recently?

Yes, Michael O. McCarthy III sold 500,000 shares on 07/25/2025 for $5,798,850.00, which is disclosed in the filing.

What does the filer represent about material information?

By signing the notice the filer represents they do not know any material adverse information

On which exchange will the proposed sale occur?

The filing indicates the proposed sale will occur on the NYSE.