QuantumScape (NYSE: QS) CFO sells 9,800 shares at $7.94 average price
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 9,800 shares ($77,811)
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, null)
Footnotes (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. 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. Includes 1,955 shares acquired under the Issuer's Employee Stock Purchase Plan on June 1, 2026. 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
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.
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.