QuantumScape (NYSE: QS) CFO unloads shares in tax sale

Rhea-AI Filing Summary

QuantumScape Corp (QS) reported an insider transaction by Chief Financial Officer Kevin Hettrich. On 2026-08-18, he disposed of 31,095 shares of Class A Common Stock at a weighted average price of $5.7445 per share to cover tax obligations on the release of RSUs. The shares were transacted in a price range of $5.66 to $5.93. Following this tax-withholding disposition, he directly holds 1,785,162 shares, including 1,301,327 shares represented by RSUs and PSUs that vest over time based on continued service and performance milestones.

Insider Trade Summary

Net Seller: 31,095 shares

Net Sell 1 txn

Insider Hettrich Kevin

Role CHIEF FINANCIAL OFFICER

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock F1, F2, F3	31,095	$5.7445	$179K

Holdings After Transaction: Class A Common Stock — 1,785,162 shares (Direct)

Footnotes (3)

1. F1. Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs").
2. F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.66 to $5.93, 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.
3. F3. Includes 1,301,327 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.

Key Figures

Shares disposed: 31,095 shares of Class A Common Stock Weighted average transaction price: $5.7445 per share Post-transaction holdings: 1,785,162 shares +2 more

5 metrics

Shares disposed 31,095 shares of Class A Common Stock Code F transaction on 2026-08-18 to cover tax obligations on RSU release

Weighted average transaction price $5.7445 per share Code F disposition of 31,095 shares; actual trades ranged from $5.66 to $5.93

Post-transaction holdings 1,785,162 shares Directly held Class A Common Stock following the reported transaction

RSUs and PSUs included in holdings 1,301,327 shares represented by RSUs and PSUs Each RSU/PSU represents the right to receive one share of Class A Common Stock

Transaction price range $5.66 to $5.93 per share Range of prices for multiple trades underlying the weighted average price

Key Terms

restricted stock units ("RSUs"), performance restricted stock units ("PSUs"), weighted average price

3 terms

restricted stock units ("RSUs") financial

"Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs")."

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

"Includes 1,301,327 shares represented by RSUs and performance restricted stock units ("PSUs")."

weighted average price financial

"The price reported is a weighted average price. These shares were sold in multiple transactions"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

FAQ

What insider transaction did QS report for CFO Kevin Hettrich?

QuantumScape Corp reported that CFO Kevin Hettrich disposed of 31,095 shares of Class A Common Stock on 2026-08-18 to cover tax obligations arising from the release of restricted stock units (RSUs).

At what price were Kevin Hettrich’s QS shares transacted in this Form 4?

The filing reports a weighted average price of $5.7445 per share, with individual transactions occurring in a range from $5.66 to $5.93 per share.

How many QS shares does Kevin Hettrich hold after this transaction?

After the reported tax-withholding disposition, Kevin Hettrich directly holds 1,785,162 shares of QuantumScape Class A Common Stock, according to the Form 4.

How many of Kevin Hettrich’s QS shares are RSUs and PSUs?

His holdings include 1,301,327 shares represented by restricted stock units (RSUs) and performance restricted stock units (PSUs). Each RSU/PSU corresponds to one share of QuantumScape Class A Common Stock.

Why were QS shares disposed of in this Form 4 filing?

The disposal represents a sale to cover tax obligations triggered by the release of RSUs, as disclosed in the footnotes. It was reported as payment of tax liability by delivering or withholding securities.

Was the QS insider transaction under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), and no footnote states that this transaction was executed under a Rule 10b5-1 trading plan.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/20/2026 - 07:28 PM Accepted by SEC EDGAR 08/20/2026 - 07:27 PM Learn about SEC filing dates

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^*

Hettrich Kevin

(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 FINANCIAL OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/18/2026		F(1)		31,095	D	$5.7445(2)	1,785,162(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs").

2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.66 to $5.93, 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.

3. Includes 1,301,327 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.

Remarks:

	/s /Michael O McCarthy III, attorney-in-fact	08/20/2026
	** 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)