QuantumScape (NYSE: QS) CFO reports RSU bonus grant and stock sales

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

QuantumScape Corp chief financial officer Kevin Hettrich reported multiple stock transactions involving Class A Common Stock. On February 24, 2026, he acquired 41,229 shares through a restricted stock unit grant at $0 per share as a final bonus payout under the 2025 Annual Bonus Plan, with all units vesting on the grant date.

On February 23, 2026, he sold 9,800 shares in an open-market transaction at a weighted average price of $6.7565 per share. On February 25, 2026, he disposed of 21,790 shares at a weighted average price of $7.0488 per share to cover tax obligations on the bonus RSUs. These transactions were effected under a Rule 10b5-1 trading plan adopted on June 11, 2025.

After the reported transactions, Hettrich directly owned 1,377,518 shares of Class A Common Stock, which includes 893,176 shares represented by RSUs and performance RSUs that vest over time or upon achievement of performance milestones, subject to his continued service.

Insider Trade Summary

Net Seller: 9,800 shares ($66,214)

Net Sell 3 txns

Insider Hettrich Kevin

Role CHIEF FINANCIAL OFFICER

Sold 9,800 shs ($66K)

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	21,790	$7.0488	$154K
Grant/Award	Class A Common Stock	41,229	$0.00	--
Sale	Class A Common Stock	9,800	$6.7565	$66K

Holdings After Transaction: Class A Common Stock — 1,377,518 shares (Direct)

Footnotes (1)

The exercise and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2025. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.695 to $6.855, 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. 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 893,176 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.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/25/2026 - 07:54 PM

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

95110

(City)

(State)

(Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	02/23/2026		S⁽¹⁾		9,800	D	$6.7565⁽²⁾	1,358,079	D
Class A Common Stock	02/24/2026		A⁽³⁾		41,229	A	$0.00	1,399,308	D
Class A Common Stock	02/25/2026		F⁽⁴⁾		21,790	D	$7.0488⁽⁵⁾	1,377,518⁽⁶⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The exercise and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2025.

2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.695 to $6.855, 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. 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.

4. Represents a sale to cover tax obligations on the RSUs.

5. 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.

6. Includes 893,176 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	02/25/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did QuantumScape (QS) CFO Kevin Hettrich report?

Kevin Hettrich reported an RSU award and two stock dispositions. He received 41,229 restricted stock units, sold 9,800 shares in the open market, and disposed of 21,790 shares to satisfy tax obligations on the RSUs.

How many QuantumScape (QS) shares did the CFO sell or dispose of?

He sold or disposed of 31,590 shares in total. This included 9,800 shares sold in an open-market transaction and 21,790 shares delivered to cover tax obligations related to his restricted stock unit bonus award.

What RSU award did the QuantumScape (QS) CFO receive in this Form 4?

He received 41,229 restricted stock units as a final bonus payout under QuantumScape’s 2025 Annual Bonus Plan. Each RSU represents one share of Class A Common Stock, and 100% of the RSUs vested on the grant date.

Were QuantumScape (QS) CFO stock sales under a Rule 10b5-1 plan?

Yes. The filing states the exercise and sales were effected under a Rule 10b5-1 trading plan adopted by Kevin Hettrich on June 11, 2025, indicating the transactions followed a pre-arranged trading schedule.

How many QuantumScape (QS) shares does the CFO own after these transactions?

Following the reported transactions, Kevin Hettrich directly owned 1,377,518 shares of Class A Common Stock. This figure includes 893,176 shares represented by restricted stock units and performance restricted stock units subject to future vesting conditions.

What vesting conditions apply to the QuantumScape (QS) CFO’s RSUs and PSUs?

The filing notes that RSUs vest each quarter and performance restricted stock units vest upon achieving specified performance milestones. Both are subject to Kevin Hettrich’s continued service with QuantumScape on each applicable vesting date.