QuantumScape (NYSE: QS) awards 24,183 RSUs to outside director Brad Buss
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Buss Brad W reported acquisition or exercise transactions in this Form 4 filing.
QuantumScape Corp director Brad W. Buss reported an equity award of 24,183 restricted stock units (RSUs) of Class A Common Stock. The RSUs were granted as an annual award under QuantumScape’s Outside Director Compensation Policy and carry a grant price of $0.00 per share, reflecting their nature as compensation rather than a market purchase.
Each RSU represents the right to receive one share of Class A Common Stock. According to the terms, 100% of the RSUs vest on the earlier of the one-year anniversary of the annual meeting of stockholders held on June 3, 2026, or the day before the next annual meeting, subject to Buss’s continued service. Following this grant, Buss directly holds 146,659 shares, including the 24,183 RSUs, and also has indirect holdings reported through the Buss Family Heritage Trust and the 2011 Buss Family Trust. The filing reflects routine director compensation rather than an open-market buy or sell transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Buss Brad W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 24,183 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 146,659 shares (Direct, null);
Class A Common Stock — 249,720 shares (Indirect, By: 2011 Buss Family Trust)
Footnotes (1)
- On June 3, 2026, the Issuer granted restricted stock units ("RSUs") to the Reporting Person as an annual award automatically granted under the Issuer's Outside Director Compensation Policy. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. 100% of the RSUs shall vest on the earlier of the one-year anniversary of the annual meeting of stockholders held on June 3, 2026, or the day before the next annual meeting of stockholders, subject to the Reporting Person's continued service as of the vesting date. Includes 24,183 shares represented by RSUs. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer per the applicable vesting schedule, subject to the Reporting Person's continued service as of each vesting date.
Key Figures
RSU grant size: 24,183 RSUs
Grant price per share: $0.00 per share
Direct holdings after grant: 146,659 shares
+3 more
6 metrics
RSU grant size
24,183 RSUs
Annual equity award to outside director on June 3, 2026
Grant price per share
$0.00 per share
RSU compensation grant, not a market purchase
Direct holdings after grant
146,659 shares
Class A Common Stock held directly by Brad Buss after RSU grant
Indirect holdings – Buss Family Heritage Trust
70,000 shares
Class A Common Stock held indirectly via Buss Family Heritage Trust
Indirect holdings – 2011 Buss Family Trust
249,720 shares
Class A Common Stock held indirectly via 2011 Buss Family Trust
RSUs included in direct holdings
24,183 shares
Portion of direct holdings represented by RSUs subject to vesting
Key Terms
restricted stock units ("RSUs"), Outside Director Compensation Policy, Class A Common Stock, annual meeting of stockholders
4 terms
restricted stock units ("RSUs") financial
"On June 3, 2026, the Issuer granted restricted stock units ("RSUs") to the Reporting Person as an annual award"
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.
Outside Director Compensation Policy financial
"an annual award automatically granted under the Issuer's Outside Director Compensation Policy"
Class A Common Stock financial
"Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
annual meeting of stockholders financial
"100% of the RSUs shall vest on the earlier of the one-year anniversary of the annual meeting of stockholders held on June 3, 2026"
FAQ
What did QuantumScape (QS) director Brad Buss report in this Form 4?
Brad Buss reported receiving 24,183 restricted stock units (RSUs) of QuantumScape Class A Common Stock as an annual director award. The grant is compensation, not an open-market trade, and increases his reported direct holdings to 146,659 shares including the RSUs.
How do the 24,183 RSUs granted to Brad Buss at QuantumScape (QS) vest?
The 24,183 RSUs vest 100% on the earlier of the one-year anniversary of the June 3, 2026 annual meeting or the day before the next annual meeting. Vesting requires Brad Buss to continue serving through the applicable vesting date.
What does ‘Outside Director Compensation Policy’ mean for QuantumScape (QS)?
QuantumScape’s Outside Director Compensation Policy governs how non-employee directors are compensated, often using equity awards like RSUs. In this case, the policy provides an automatic annual RSU grant to Brad Buss, aligning director compensation with shareholder interests through stock-based incentives.