QS Form 4: 400,000 options exercised; 400,000 shares sold
Rhea-AI Filing Summary
QuantumScape (QS) filed a Form 4 reporting insider activity. On 10/24/2025, a director exercised stock options for 400,000 shares at $6.2336 (code M), then sold 200,000 shares at a weighted average price of $15.0599 (range $14.965–$15.145) and 200,000 shares at a weighted average price of $16.4365 (range $16.145–$16.79) (code S).
Following these transactions, the director directly owned 122,476 Class A shares, which include 48,192 RSUs that settle into one share each upon vesting. Indirect holdings were reported as 249,720 shares by the 2011 Buss Family Trust and 70,000 shares by the Buss Family Heritage Trust dated December 24, 2020. The director also reported 1,007,612 derivative securities (stock options) beneficially owned after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 400,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 400,000 | $6.2336 | $2.49M |
| Sale | Class A Common Stock | 200,000 | $15.0599 | $3.01M |
| Sale | Class A Common Stock | 200,000 | $16.4365 | $3.29M |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.965 to $15.145, 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 price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.145 to $16.79, 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.
