QuantumScape CTO converts and sells Class A shares
QuantumScape Corp’s chief technology officer Timothy Holme converted 161,331 shares of Class B Common Stock into Class A Common Stock and sold a total of 184,437 Class A shares on May 20, 2026.
Rhea-AI Filing Summary
QuantumScape Corp’s chief technology officer Timothy Holme converted 161,331 shares of Class B Common Stock into Class A Common Stock and sold a total of 184,437 Class A shares on May 20, 2026. Some of these shares were sold to cover tax obligations on released RSUs.
The sales were made at weighted average prices of $7.5022 and $7.5023 per share and were effected under a Rule 10b5-1 trading plan adopted on June 5, 2025. Holme continues to hold 7,352,830 Class B shares directly, 1,346,925 Class B shares through a trust, and 1,582,672 RSUs/PSUs that each represent one Class A share.
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Insights
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Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
7 txns
Insider
Holme Timothy
Role
CHIEF TECHNOLOGY OFFICER
Sold
184,437 shs ($1.38M)
Approx. gross sale proceeds
$1.38M
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 127,077 | $0.00 | $0.00 |
| Conversion | Class B Common Stock | 34,254 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 127,077 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 150,183 | $7.5022 | $1.13M |
| Conversion | Class A Common Stock | 34,254 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 34,254 | $7.5023 | $257K |
| Exercise Price or Tax Liability | Class A Common Stock | 31,322 | $7.3721 | $231K |
Holdings After Transaction:
Class B Common Stock — 7,352,830 contracts (Direct);
Class B Common Stock — 1,346,925 contracts (Indirect, By: The Holme 2020 Irrevocable Trust);
Class A Common Stock — 1,712,506 shares (Direct);
Class A Common Stock — 0 shares (Indirect, By: The Holme 2020 Irrevocable Trust)
Footnotes (6)
- F1. Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs").
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.21 to $8.01, 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.
- F3. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 5, 2025.
- F4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.16 to $7.675, 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.
- F5. Includes 1,582,672 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.
- F6. Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the Reporting Person's election and has no expiration date.
Key Figures
Class A shares sold directly: 150,183 shares at $7.5022 per share
Class A shares sold via trust: 34,254 shares at $7.5023 per share
Total Class A shares sold: 184,437 shares
+5 more
8 metrics
Class A shares sold directly
150,183 shares at $7.5022 per share
Sale of Class A Common Stock by CTO on May 20, 2026
Class A shares sold via trust
34,254 shares at $7.5023 per share
Sale of Class A Common Stock by The Holme 2020 Irrevocable Trust on May 20, 2026
Total Class A shares sold
184,437 shares
Aggregate Class A sales reported for May 20, 2026
Class B shares converted to Class A
161,331 shares
Conversion of Class B Common Stock into Class A on May 20, 2026
Class B shares held directly after conversion
7,352,830 shares
Direct Class B Common Stock holdings following derivative conversion
Class B shares held via trust after conversion
1,346,925 shares
Indirect Class B holdings by The Holme 2020 Irrevocable Trust following conversion
Shares for tax or exercise-price obligations
31,322 shares at $7.3721 per share
Code F transaction on May 18, 2026 for tax or exercise-price liability
RSUs and PSUs outstanding
1,582,672 units
Each RSU/PSU represents the right to receive one Class A share
Key Terms
Rule 10b5-1 trading plan, restricted stock units ("RSUs"), performance restricted stock units ("PSUs"), weighted average price, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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 1,582,672 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.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible at any time into Class A Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did QuantumScape (QS) report for CTO Timothy Holme?
QuantumScape’s CTO Timothy Holme converted 161,331 Class B shares into Class A on May 20, 2026, then sold 150,183 Class A shares directly and 34,254 through a trust. Another 31,322 shares were reported for tax or exercise-price obligations.
What QuantumScape (QS) holdings does the CTO retain after these transactions?
After the reported transactions, Holme holds 7,352,830 Class B shares directly and 1,346,925 Class B shares indirectly through a trust. A footnote also describes 1,582,672 RSUs/PSUs outstanding, each representing the right to receive one Class A share upon vesting.
How are QuantumScape (QS) RSUs and PSUs structured for the CTO?
Holme’s compensation includes 1,582,672 restricted stock units (RSUs) and performance RSUs (PSUs), each representing one Class A share. RSUs vest quarterly, while PSUs vest upon meeting performance milestones, in both cases contingent on Holme’s continued service at vesting dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
