Does the QuantumScape (QS) CEO have indirect share ownership through trusts?

Yes. The filing shows 360,000 QuantumScape Class A shares held indirectly through trusts. Sivaram Srinivasan is a co-trustee of these trusts, and his family members are beneficiaries, indicating additional exposure to the company through these indirect holdings.

QuantumScape CEO receives new stock unit grants

Sivaram Srinivasan reported acquisition or exercise transactions in this Form 4 filing.

Filing Impact

(Neutral)

Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Sivaram Srinivasan reported acquisition or exercise transactions in this Form 4 filing.

QuantumScape Corp disclosed that CEO Sivaram Srinivasan received new equity compensation awards in the form of Class A Common Stock–settled units. On April 14, 2026, he was granted 1,483,678 RSUs/PSUs (30% RSUs, 70% PSUs) and a separate grant of 296,735 RSUs, each unit representing one share.

The quarterly-vesting RSUs and performance-based PSUs vest over time and upon achievement of performance milestones, subject to his continued service. After these awards, Srinivasan directly holds 5,439,460 shares of Class A Common Stock, including 4,570,384 shares represented by RSUs and PSUs, and has an additional 360,000 shares held indirectly through family trusts where he is co-trustee.

Insider Trade Summary

Grant/Award: 1,780,413 shares

Grant/Award 3 txns

Insider Sivaram Srinivasan

Role CHIEF EXECUTIVE OFFICER

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	1,483,678	$0.00	$0.00
Grant/Award	Class A Common Stock	296,735	$0.00	$0.00
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 5,439,460 shares (Direct); Class A Common Stock — 360,000 shares (Indirect, By: Trusts)

Footnotes (4)

F1. The Issuer granted restricted stock units ("RSUs") (30%) and performance restricted stock units ("PSUs") (70%) 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 4,570,384 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.
F4. The Reporting Person is a Co-Trustee of the trusts and his family members are beneficiaries of the trusts.

Key Figures

RSU/PSU grant: 1,483,678 shares Additional RSU grant: 296,735 shares Direct holdings after grants: 5,439,460 shares +3 more

6 metrics

RSU/PSU grant 1,483,678 shares Mixed RSU (30%) and PSU (70%) award on April 14, 2026

Additional RSU grant 296,735 shares RSUs tied to relative TSR performance, granted April 14, 2026

Direct holdings after grants 5,439,460 shares CEO Class A Common Stock direct ownership following April 14, 2026 awards

RSUs/PSUs included in holdings 4,570,384 shares Portion of direct holdings represented by RSUs and PSUs

Indirect trust holdings 360,000 shares Class A Common Stock held through family trusts where CEO is co-trustee

TSR performance period January 1, 2026–December 31, 2028 Measurement window for TSR-based RSU vesting

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") (30%) 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") (30%) and performance restricted stock units ("PSUs") (70%) to the Reporting Person."

total shareholder return ("TSR") financial

"The RSUs are 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"

beneficiaries of the trusts financial

"The Reporting Person is a Co-Trustee of the trusts and his family members are beneficiaries of the trusts."

FAQ

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

What insider transaction did QuantumScape (QS) report for CEO Sivaram Srinivasan?

QuantumScape reported that CEO Sivaram Srinivasan received equity awards totaling 1,780,413 Class A Common Stock–settled units. These consist of restricted stock units and performance-based units granted as compensation, not open-market purchases, and each unit represents the right to receive one share.

How many QuantumScape (QS) shares does the CEO hold after these grants?

After the April 14, 2026 grants, CEO Sivaram Srinivasan directly holds 5,439,460 QuantumScape Class A shares. This direct position includes 4,570,384 shares represented by restricted and performance stock units that will vest over time and upon meeting performance conditions.

What are the terms of the RSUs and PSUs granted to QuantumScape (QS) CEO?

The company granted RSUs and PSUs where each unit equals one QuantumScape Class A share. RSUs vest quarterly, while PSUs vest upon achieving defined performance milestones, in both cases requiring the CEO’s continued service with the company on each vesting date.

How is performance measured for the new QuantumScape (QS) CEO RSUs?

One RSU grant to the CEO vests based on QuantumScape’s total shareholder return relative to indexed companies. The performance period runs from January 1, 2026 through December 31, 2028, and vesting also depends on Sivaram Srinivasan remaining in service through applicable vesting dates.

Are the QuantumScape (QS) CEO’s new awards free shares or purchases?

The awards are compensation grants, not purchases. The Form 4 shows transaction code “A” with a per-share price of $0.0000, meaning the CEO did not pay cash for these restricted stock units and performance stock units granted by QuantumScape.

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 04/16/2026 - 09:09 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^*

Sivaram Srinivasan

(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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CHIEF EXECUTIVE 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⁾		1,483,678	A	$0.00	5,142,725	D
Class A Common Stock	04/14/2026		A⁽²⁾		296,735	A	$0.00	5,439,460⁽³⁾	D
Class A Common Stock								360,000	I	By: Trusts⁽⁴⁾

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") (30%) and performance restricted stock units ("PSUs") (70%) 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 4,570,384 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.

4. The Reporting Person is a Co-Trustee of the trusts and his family members are beneficiaries of the trusts.

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