QuantumScape COO covers taxes with 108K QS shares
QuantumScape Corp Chief Operating Officer Luca Giovanni Fasoli reported a tax-related share disposition tied to vesting equity awards.
Rhea-AI Filing Summary
QuantumScape Corp Chief Operating Officer Luca Giovanni Fasoli reported a tax-related share disposition tied to vesting equity awards. On the RSU release date, 108,065 shares of Class A Common Stock were delivered to cover tax obligations at a weighted average price of $7.3721 per share, with individual trades executed between $7.21 and $8.01.
After this withholding transaction, Fasoli directly holds 1,939,343 shares of Class A Common Stock. This total includes 1,772,688 shares represented by restricted stock units and performance RSUs, which will vest over time or upon achievement of performance milestones, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 108,065 | $7.3721 | $797K |
Footnotes (3)
- F1. Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs").
- F2. This transaction was executed in multiple trades at prices ranging from $7.21 USD to $8.01 USD; the price reported above reflects the weighted average sale price.
- F3. Includes 1,772,688 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
Key Terms
restricted stock units financial
performance restricted stock units financial
weighted average sale price financial
tax obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did QuantumScape (QS) COO Luca Fasoli report?
Was the QuantumScape (QS) COO’s transaction an open-market sale?
What types of equity awards does QuantumScape (QS) COO Luca Fasoli hold?
AI-generated analysis. How Rhea-AI works. Not financial advice.