Director Straubel sells 27,106 QuantumScape (NYSE: QS) shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 27,106 shares ($192,461)
Net Sell
1 txn
Insider
Straubel Jeffrey B
Role
Director
Sold
27,106 shs ($192K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 27,106 | $7.1003 | $192K |
Holdings After Transaction:
Class A Common Stock — 212,616 shares (Direct)
Footnotes (1)
- 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. 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. 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
What insider transaction did QuantumScape (QS) report for Jeffrey B. Straubel?
QuantumScape reported that director Jeffrey B. Straubel sold 27,106 shares of Class A Common Stock. The open-market sale used a weighted average price of $7.1003 per share, as disclosed in the Form 4 insider trading report.
Was the QuantumScape (QS) insider sale under a Rule 10b5-1 plan?
Yes, the reported sales were executed under a Rule 10b5-1 trading plan. The plan was adopted by Jeffrey B. Straubel on June 13, 2025, indicating the sales followed a pre-established, automated trading framework.
What do the restricted stock units (RSUs) reported for QuantumScape (QS) represent?
The 48,192 restricted stock units represent Straubel’s right to receive one QuantumScape Class A share per RSU. These RSUs vest according to an applicable schedule and require his continued service with the company on each vesting date.