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QuantumScape (QS) director Straubel sells 27,106 shares under 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
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 $6.9496 per share. The sale was executed on March 11, 2026 pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on June 13, 2025. Following this transaction, Straubel directly holds 185,510 shares of QuantumScape, which includes 48,192 shares represented by restricted stock units that vest over time, subject to his continued service with the company.

Positive

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Negative

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Insights

Director’s 27,106-share planned sale looks routine, with sizable holdings remaining.

Director Jeffrey B. Straubel sold 27,106 QuantumScape Class A shares at a weighted average price of $6.9496 on March 11, 2026. The transaction is coded as an open-market sale and reduces, but does not eliminate, his equity exposure.

The filing states the sale was made under a Rule 10b5-1 trading plan adopted on June 13, 2025. Such plans are pre-arranged and often indicate a scheduled, mechanical approach to liquidity rather than opportunistic trading based on short-term information.

After the sale, Straubel still directly holds 185,510 shares, including 48,192 restricted stock units that vest over time. With no derivative positions listed in this filing and a substantial remaining stake, the transaction appears as a routine, pre-planned disposition rather than a transformative change in insider ownership.

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).
X
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*
Straubel Jeffrey B

(Last) (First) (Middle)
C/O QUANTUMSCAPE CORPORATION
1730 TECHNOLOGY DRIVE

(Street)
SAN JOSE CA 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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026
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)
Code V Amount (A) or (D) Price
Class A Common Stock 03/11/2026 S(1) 27,106 D $6.9496(2) 185,510(3) 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.855 to $7.065, 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. 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.
Remarks:
/s /Michael O McCarthy III, attorney-in-fact 03/13/2026
** 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.

FAQ

What insider transaction did QuantumScape (QS) director Jeffrey Straubel report?

Jeffrey B. Straubel reported selling 27,106 shares of QuantumScape Class A Common Stock. The sale was an open-market transaction at a weighted average price of $6.9496 per share, executed on March 11, 2026, and disclosed in a Form 4 filing.

Was Jeffrey Straubel’s QuantumScape (QS) share sale pre-planned under Rule 10b5-1?

Yes. The Form 4 states the sales were effected under a Rule 10b5-1 trading plan adopted by Jeffrey Straubel on June 13, 2025. Such pre-planned arrangements automate trading activity and typically reduce the signaling value of the sale’s specific timing.

How many QuantumScape (QS) shares does Jeffrey Straubel hold after the reported sale?

After selling 27,106 shares, Jeffrey Straubel directly holds 185,510 QuantumScape shares. This total includes 48,192 restricted stock units, each representing the right to receive one Class A share as vesting conditions tied to his continued service are met.

What price range did Jeffrey Straubel receive for his QuantumScape (QS) share sale?

The weighted average sale price was $6.9496 per share. A footnote explains the shares were sold in multiple transactions at prices ranging from $6.855 to $7.065, and detailed trade breakdowns are available upon request from the reporting person.

Do Jeffrey Straubel’s QuantumScape (QS) holdings include restricted stock units (RSUs)?

Yes. His post-transaction holdings of 185,510 shares include 48,192 RSUs. Each RSU entitles him to receive one QuantumScape Class A share according to the vesting schedule, contingent on his continued service at each vesting date.
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