QuantumScape director sells 27,106 QS shares
QuantumScape Corp director Jeffrey B. Straubel sold 27,106 shares of Class A Common Stock in an open-market transaction at a weighted average price of $7.1003 per share.
Rhea-AI Filing Summary
QuantumScape Corp director Jeffrey B. Straubel sold 27,106 shares of Class A Common Stock in an open-market transaction at a weighted average price of $7.1003 per share. The sale was executed under a Rule 10b5-1 trading plan adopted on June 13, 2025.
Following this sale, Straubel reports beneficial ownership of 212,616 shares, including 48,192 shares represented by restricted stock units that vest over time, subject to his continued service.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 27,106 | $7.1003 | $192K |
Footnotes (3)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.995 to $7.205, 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. Includes 48,192 shares represented by restricted stock units ("RSUs"). Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer per the applicable vesting schedule, subject to the Reporting Person's continued service as of each vesting date.
FAQ
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What insider transaction did QuantumScape (QS) report for Jeffrey B. Straubel?
Was the QuantumScape (QS) insider sale under a Rule 10b5-1 plan?
What do the restricted stock units (RSUs) reported for QuantumScape (QS) represent?
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