QuantumScape (NYSE: QS) CTO granted RSUs, sells shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuantumScape Corp Chief Technology Officer Timothy Holme reported two stock transactions involving Class A Common Stock. On February 24, 2026, he acquired 42,321 shares through a restricted stock unit (RSU) grant at $0.00 per share as a final bonus under the 2025 Annual Bonus Plan, with all RSUs vesting on the grant date.
On February 25, 2026, he disposed of 22,367 shares at a weighted average price of $7.0488 per share to cover tax obligations related to the RSUs, rather than as an open-market sale decision. After these transactions, he directly owned 1,108,182 shares, including RSUs and performance RSUs subject to continued service and performance milestones.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Holme Timothy
Role
CHIEF TECHNOLOGY OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 22,367 | $7.0488 | $158K |
| Grant/Award | Class A Common Stock | 42,321 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 1,108,182 shares (Direct)
Footnotes (1)
- The Issuer granted restricted stock units ("RSUs") to all eligible employees, including the Reporting Person, as a final bonus payout under the Issuer's 2025 Annual Bonus Plan. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. 100% of the RSUs vest on the award grant date. Represents a sale to cover tax obligations on the RSUs. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.98 to $7.16, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. Includes 978,348 shares represented by RSUs and performance restricted stock units ("PSUs"). Each RSU/PSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs vest each quarter and the PSUs vest upon achievement of certain performance milestones, in both cases subject to the Reporting Person's continued service as of each vesting date.
FAQ
What did QuantumScape (QS) CTO Timothy Holme report in this insider filing?
QuantumScape CTO Timothy Holme reported an RSU stock grant and a related tax-covering share disposition. He received 42,321 Class A shares via restricted stock units, then disposed of 22,367 shares to cover tax obligations arising from that award, leaving him with over 1.1 million shares.
How are RSUs and PSUs structured for the QuantumScape (QS) CTO?
His holdings include RSUs that vest quarterly and performance RSUs that vest upon achievement of defined performance milestones. Each unit represents the right to receive one Class A share, with vesting conditioned on his continued service at each applicable vesting date for the awards.