QS insider exercises 25,000 options at $2.377, sells shares at $15.26
Rhea-AI Filing Summary
QuantumScape (QS) disclosed insider activity by its Chief Legal Officer. On 10/24/2025, the officer exercised 25,000 stock options at an exercise price of $2.377 (transaction code M), acquiring the same number of Class A shares. On the same date, the officer sold 46,264 shares at a weighted average price of $15.2611 (transaction code S), with individual trades ranging from $15.23 to $15.315.
Following these transactions, the officer beneficially owns 1,376,118 shares directly. This figure includes 1,217,795 shares represented by RSUs and PSUs, which vest over time or upon performance milestones. The derivative table notes a remaining 75,000 stock options held after the exercise, from an option grant originally exercisable since 07/05/2019 and expiring on 06/05/2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 25,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 25,000 | $2.377 | $59K |
| Sale | Class A Common Stock | 46,264 | $15.2611 | $706K |
Footnotes (1)
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.23 to $15.315, 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 1,217,795 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.