QuantumScape (QS) CDO granted RSUs and sells shares to cover tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuantumScape Corp executive reports RSU grant and related tax share sale. Chief Development Officer Mohit Singh was granted 42,321 restricted stock units of Class A Common Stock as a final bonus payout under the 2025 Annual Bonus Plan, with all units vesting on the grant date. In a separate transaction, he disposed of 22,789 shares of Class A Common Stock to cover tax obligations arising from this RSU award at a weighted average price of $7.0488 per share, with individual sale prices ranging from $6.98 to $7.16. Following these transactions, he directly owned 1,229,891 shares, including RSUs and performance stock units that vest over time or upon achievement of performance milestones.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Singh Mohit
Role
CHIEF DEVELOPMENT OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 22,789 | $7.0488 | $161K |
| Grant/Award | Class A Common Stock | 42,321 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 1,229,891 shares (Direct)
Footnotes (1)
- The Issuer granted restricted stock units ("RSUs") to all eligible employees, including the Reporting Person, as a final bonus payout under the Issuer's 2025 Annual Bonus Plan. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. 100% of the RSUs vest on the award grant date. Represents a sale to cover tax obligations on the RSUs. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.98 to $7.16, 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 978,348 shares represented by 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.
FAQ
What did QuantumScape (QS) executive Mohit Singh report in this Form 4?
Mohit Singh reported receiving a grant of 42,321 restricted stock units and a related sale of 22,789 Class A Common shares to cover tax obligations. Both transactions involve QuantumScape equity he holds directly as part of his compensation package.
What are the terms of Mohit Singh’s QuantumScape (QS) RSUs and PSUs?
Each RSU or performance stock unit represents the right to receive one QuantumScape Class A share. The RSUs vest quarterly, while the PSUs vest upon achieving defined performance milestones, in both cases requiring Mohit Singh’s continued service on each applicable vesting date.