QuantumScape CTO receives major stock awards

Holme Timothy reported acquisition or exercise transactions in this Form 4 filing.

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Rhea-AI Filing Summary

Holme Timothy reported acquisition or exercise transactions in this Form 4 filing.

QuantumScape Corp’s Chief Technology Officer, Timothy Holme, received equity awards in the form of Class A Common Stock on April 14, 2026. He was granted restricted stock units (RSUs) and performance restricted stock units (PSUs), together covering 658,752 shares, and now holds 1,766,934 shares directly.

The first award mixes RSUs (40%) that vest quarterly and PSUs (60%) that vest upon achieving performance milestones, all subject to continued service. A second RSU grant will vest based on QuantumScape’s total shareholder return versus an index group over a January 1, 2026 to December 31, 2028 performance period.

Insider Trade Summary

Grant/Award: 658,752 shares

Grant/Award 2 txns

Insider Holme Timothy

Role CHIEF TECHNOLOGY OFFICER

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	548,960	$0.00	$0.00
Grant/Award	Class A Common Stock	109,792	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 1,766,934 shares (Direct)

Footnotes (3)

F1. The Issuer granted restricted stock units ("RSUs") (40%) and performance restricted stock units ("PSUs") (60%) to the Reporting Person. Each RSU and 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.
F2. The Issuer granted RSUs to the Reporting Person. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs are eligible to vest based on the Issuer's total shareholder return ("TSR") relative to certain indexed companies during a performance period beginning on January 1, 2026 and ending on December 31, 2028, subject to the Reporting Person's continued service as of each vesting date.
F3. Includes 1,637,100 shares represented by RSUs and 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

First grant size: 548,960 shares Second grant size: 109,792 shares Total shares after grants: 1,766,934 shares +4 more

7 metrics

First grant size 548,960 shares Class A Common Stock RSUs/PSUs grant on April 14, 2026

Second grant size 109,792 shares Class A Common Stock RSU grant on April 14, 2026

Total shares after grants 1,766,934 shares Direct Class A Common Stock holdings following transactions

Equity mix 40% RSUs / 60% PSUs Structure of one grant to CTO Holme

RSU/PSU representation 1,637,100 shares Shares represented by RSUs and PSUs within Holme’s holdings

TSR performance period start January 1, 2026 Beginning of TSR-based RSU performance period

TSR performance period end December 31, 2028 End of TSR-based RSU performance period

Key Terms

restricted stock units ("RSUs"), performance restricted stock units ("PSUs"), total shareholder return ("TSR"), performance milestones, +1 more

5 terms

restricted stock units ("RSUs") financial

"The Issuer granted restricted stock units ("RSUs") (40%) and performance restricted stock units"

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

"restricted stock units ("RSUs") (40%) and performance restricted stock units ("PSUs") (60%) to the Reporting Person"

total shareholder return ("TSR") financial

"eligible to vest based on the Issuer's total shareholder return ("TSR") relative to certain indexed companies"

performance milestones financial

"The RSUs vest each quarter and the PSUs vest upon achievement of certain performance milestones"

performance period financial

"during a performance period beginning on January 1, 2026 and ending on December 31, 2028"

The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.

FAQ

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

What did QuantumScape (QS) disclose about CTO Timothy Holme’s new stock awards?

QuantumScape disclosed that CTO Timothy Holme received equity awards totaling 658,752 shares of Class A Common Stock through RSUs and PSUs. These awards are compensation grants, carry no cash purchase price, and are subject to multi-year vesting and performance conditions tied to his continued service.

How are Timothy Holme’s new RSU and PSU grants at QuantumScape (QS) structured?

One award consists of 40% restricted stock units (RSUs) and 60% performance restricted stock units (PSUs). RSUs vest quarterly, while PSUs vest upon achievement of specified performance milestones, in each case contingent on Holme’s continued service with QuantumScape through the relevant vesting dates.

What performance period applies to the new TSR-based RSUs at QuantumScape (QS)?

The newly granted RSUs tied to total shareholder return (TSR) use a performance period from January 1, 2026 through December 31, 2028. Vesting depends on QuantumScape’s TSR relative to certain indexed companies and on Timothy Holme’s continued service through each applicable vesting date.

How many QuantumScape (QS) shares does CTO Timothy Holme own after these grants?

Following the April 14, 2026 grants, Timothy Holme directly holds 1,766,934 shares of QuantumScape Class A Common Stock. This figure includes 1,637,100 shares represented by RSUs and PSUs, which will convert into shares only as they vest, subject to service and performance conditions.

Are Timothy Holme’s new QuantumScape (QS) awards open‑market purchases?

No, the Form 4 identifies both transactions with code “A,” meaning they are grants or awards, not open‑market purchases. The stock is delivered through RSUs and PSUs at a stated price of $0.00 per share, subject to vesting and performance requirements rather than cash payment.

What conditions must be met for QuantumScape (QS) PSUs granted to Holme to vest?

PSUs vest only when specific performance milestones are achieved and Timothy Holme remains in service through the vesting dates. One grant references general performance milestones, while another depends on QuantumScape’s total shareholder return versus indexed companies over the 2026–2028 performance period.

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

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Accepted by SEC EDGAR 04/16/2026 - 09:10 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^*

Holme Timothy

(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 TECHNOLOGY OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026

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	04/14/2026		A⁽¹⁾		548,960	A	$0.00	1,657,142	D
Class A Common Stock	04/14/2026		A⁽²⁾		109,792	A	$0.00	1,766,934⁽³⁾	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 Issuer granted restricted stock units ("RSUs") (40%) and performance restricted stock units ("PSUs") (60%) to the Reporting Person. Each RSU and 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.

2. The Issuer granted RSUs to the Reporting Person. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs are eligible to vest based on the Issuer's total shareholder return ("TSR") relative to certain indexed companies during a performance period beginning on January 1, 2026 and ending on December 31, 2028, subject to the Reporting Person's continued service as of each vesting date.

3. Includes 1,637,100 shares represented by RSUs and 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	04/16/2026
	** 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