QuantumScape (QS) CDO disposes shares to cover RSU and PSU taxes
Rhea-AI Filing Summary
QuantumScape Corp’s Chief Development Officer, Mohit Singh, reported two insider transactions related to tax withholding on equity awards. On February 18, 2026, he disposed of 107,695 shares of Class A common stock at a weighted average price of $7.1445 per share to cover tax obligations on the release of restricted stock units and performance stock units. On February 19, 2026, he disposed of an additional 23,756 shares at a weighted average price of $7.0758 per share for the same tax-related purpose. After these transactions, he directly owned 1,210,359 shares, which includes shares acquired under the employee stock purchase plan and 978,348 shares represented by RSUs and PSUs that may vest over time based on service and performance milestones.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 23,756 | $7.0758 | $168K |
| Tax Withholding | Class A Common Stock | 107,695 | $7.1445 | $769K |
Footnotes (1)
- Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs") and performance restricted stock units ("PSUs"). The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.96 to $7.29, 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 769 shares acquired under the Issuer's Employee Stock Purchase Plan on December 1, 2025. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.99 to $7.21, 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 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.