Was the QuantumScape (QS) CFO’s share sale made under a Rule 10b5-1 plan?

Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted on June 11, 2025. Such plans allow preset trading schedules, helping insiders diversify holdings independent of near-term company news.

QuantumScape CFO sells 9,800 shares under 10b5-1 plan

QuantumScape Corp’s Chief Financial Officer Kevin Hettrich reported an open-market sale of 9,800 shares of Class A Common Stock at a weighted average price of $7.9399 per share.

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Rhea-AI Filing Summary

QuantumScape Corp’s Chief Financial Officer Kevin Hettrich reported an open-market sale of 9,800 shares of Class A Common Stock at a weighted average price of $7.9399 per share. The trade was executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 11, 2025.

After this transaction, Hettrich holds 1,826,057 shares directly, including 1,955 shares acquired through the company’s Employee Stock Purchase Plan on June 1, 2026. His position also includes 1,356,436 shares represented by restricted stock units and performance stock units that vest over time or on achievement of performance milestones.

Insider Trade Summary 10b5-1

Net Seller: 9,800 shares

Net Sell 1 txn

Insider Hettrich Kevin

Role CHIEF FINANCIAL OFFICER

Sold 9,800 shs ($78K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	9,800	$7.9399	$78K

Holdings After Transaction: Class A Common Stock — 1,826,057 shares (Direct)

Footnotes (4)

F1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2025.
F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.585 to $8.435, 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.
F3. Includes 1,955 shares acquired under the Issuer's Employee Stock Purchase Plan on June 1, 2026.
F4. Includes 1,356,436 shares represented by restricted stock units ("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.

Key Figures

Shares sold: 9,800 shares Average sale price: $7.9399 per share Post-sale holdings: 1,826,057 shares +2 more

5 metrics

Shares sold 9,800 shares Open-market sale on June 22, 2026

Average sale price $7.9399 per share Weighted average across multiple trades

Post-sale holdings 1,826,057 shares Total Class A shares held after the transaction

ESPP shares 1,955 shares Acquired under Employee Stock Purchase Plan on June 1, 2026

RSUs and PSUs 1,356,436 shares Restricted and performance stock units representing Class A shares

Key Terms

Rule 10b5-1 trading plan, weighted average price, Employee Stock Purchase Plan, restricted stock units ("RSUs"), +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2025."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average price financial

"The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.585 to $8.435, inclusive."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Employee Stock Purchase Plan financial

"Includes 1,955 shares acquired under the Issuer's Employee Stock Purchase Plan on June 1, 2026."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

restricted stock units ("RSUs") financial

"Includes 1,356,436 shares represented by restricted stock units ("RSUs") and performance restricted stock units ("PSUs")."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

performance restricted stock units ("PSUs") financial

"Includes 1,356,436 shares represented by restricted stock units ("RSUs") and performance restricted stock units ("PSUs")."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did QuantumScape (QS) disclose for CFO Kevin Hettrich?

QuantumScape disclosed that CFO Kevin Hettrich sold 9,800 shares of Class A Common Stock in an open-market transaction. The sale was executed at a weighted average price of $7.9399 per share under a pre-arranged Rule 10b5-1 trading plan.

At what price did the QuantumScape (QS) CFO sell his shares?

The CFO’s sale was reported at a weighted average price of $7.9399 per share. The shares were sold in multiple trades within a price range from $7.585 to $8.435, as detailed in the filing’s weighted-average price footnote.

How many QuantumScape (QS) shares does the CFO hold after this sale?

Following the 9,800-share sale, CFO Kevin Hettrich holds 1,826,057 QuantumScape Class A shares. This total includes time-based and performance-based restricted stock units, as well as shares acquired through the company’s Employee Stock Purchase Plan.

What restricted stock units does the QuantumScape (QS) CFO hold?

The CFO’s holdings include 1,356,436 shares represented by restricted stock units and performance restricted stock units. Each unit represents the right to receive one Class A share, vesting quarterly or upon performance milestones, subject to continued service.

Did the QuantumScape (QS) CFO recently acquire shares through an Employee Stock Purchase Plan?

Yes. The holdings total includes 1,955 shares acquired under QuantumScape’s Employee Stock Purchase Plan on June 1, 2026. These ESPP shares sit alongside his restricted stock units and other directly held Class A Common Stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/24/2026 - 05:03 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hettrich Kevin

(Last)

(First)

(Middle)

C/O QUANTUMSCAPE CORPORATION

1730 TECHNOLOGY DRIVE

(Street)

SAN JOSE

CALIFORNIA

95110

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
QuantumScape Corp [ QS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CHIEF FINANCIAL OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/22/2026		S⁽¹⁾		9,800	D	$7.9399⁽²⁾	1,826,057⁽³⁾⁽⁴⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2025.

2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.585 to $8.435, 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.

3. Includes 1,955 shares acquired under the Issuer's Employee Stock Purchase Plan on June 1, 2026.

4. Includes 1,356,436 shares represented by restricted stock units ("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.

Remarks:

	/s /Michael O McCarthy III, attorney-in-fact	06/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR