QuantumScape (QS) CFO sells 9,800 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuantumScape Corp’s Chief Financial Officer Kevin Hettrich sold 9,800 shares of Class A Common Stock in an open-market transaction. The sale occurred at a weighted average price of $7.2818 per share, with individual sale prices ranging from $6.985 to $7.785.
The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 11, 2025. Following the sale, Hettrich directly owns 1,816,257 shares, which include 1,356,436 shares represented by restricted stock units and performance stock units that vest over time based on service and performance conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 9,800 shares ($71,362)
Net Sell
1 txn
Insider
Hettrich Kevin
Role
CHIEF FINANCIAL OFFICER
Sold
9,800 shs ($71K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 9,800 | $7.2818 | $71K |
Holdings After Transaction:
Class A Common Stock — 1,816,257 shares (Direct, null)
Footnotes (1)
- The sale reported in this Form 4 was 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 $6.985 to $7.785, 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 1,356,436 shares represented by restricted stock units ("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 sold: 9,800 shares
Weighted average sale price: $7.2818 per share
Share price range: $6.985–$7.785 per share
+3 more
6 metrics
Shares sold
9,800 shares
Open-market sale on July 2, 2026
Weighted average sale price
$7.2818 per share
Multiple trades between $6.985 and $7.785
Share price range
$6.985–$7.785 per share
Range of prices for the 9,800 shares sold
Shares held after transaction
1,816,257 shares
Direct ownership following the July 2, 2026 sale
RSUs and PSUs included
1,356,436 shares
Portion of holdings represented by RSUs and PSUs
Trading plan adoption date
June 11, 2025
Date CFO adopted Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, weighted average price, restricted stock units ("RSUs"), performance restricted stock units ("PSUs"), +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2025."
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.
weighted average price financial
"The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.985 to $7.785, inclusive."
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.
restricted stock units ("RSUs") financial
"Includes 1,356,436 shares represented by restricted stock units ("RSUs") and performance restricted stock units ("PSUs")."
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 1,356,436 shares represented by restricted stock units ("RSUs") and performance restricted stock units ("PSUs")."
Class A Common Stock financial
"Each RSU/PSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did QuantumScape (QS) report for its CFO?
QuantumScape reported that Chief Financial Officer Kevin Hettrich sold 9,800 shares of Class A Common Stock. The sale was an open-market transaction executed at a weighted average price of $7.2818 per share, within a range of $6.985 to $7.785.
How many RSUs and PSUs are included in the QuantumScape (QS) CFO’s holdings?
The filing notes that 1,356,436 of the CFO’s post-transaction shares are represented by restricted stock units and performance restricted stock units. Each unit corresponds to one share of Class A Common Stock, vesting over time or upon achievement of performance milestones.