QuantumScape (NYSE: QS) COO trims stake, still holds 1.9M shares
Rhea-AI Filing Summary
QuantumScape Corp (QS) reported that Chief Operating Officer Luca Giovanni Fasoli disposed of 32,255 shares of Class A Common Stock on 2026-08-18 in a transaction classified as a payment of tax liability by delivering or withholding securities related to the release of restricted stock units. The shares were sold at a weighted average price of $5.7445, with individual sale prices ranging from $5.66 to $5.93. After this tax-withholding disposition, Fasoli directly holds 1,907,088 shares, including 1,715,518 shares represented by RSUs and PSUs that vest over time or upon achievement of performance milestones, subject to his continued service.
Positive
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Insider Trade Summary
Net Seller: 32,255 shares
Net Sell
1 txn
Insider
Fasoli Luca Giovanni
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2, F3 | 32,255 | $5.7445 | $185K |
Holdings After Transaction:
Class A Common Stock — 1,907,088 shares (Direct)
Footnotes (3)
- F1. Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs").
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.66 to $5.93, 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 1,715,518 shares represented by 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 disposed: 32,255 shares
Weighted average price: $5.7445 per share
Sale price range: $5.66 to $5.93 per share
+3 more
6 metrics
Shares disposed
32,255 shares
Class A Common Stock disposed on 2026-08-18 to cover tax obligations
Weighted average price
$5.7445 per share
Price for shares sold in multiple transactions on 2026-08-18
Sale price range
$5.66 to $5.93 per share
Range of individual trade prices for the 32,255 shares
Shares held after transaction
1,907,088 shares
Direct holdings of Luca Giovanni Fasoli following the 2026-08-18 transaction
RSUs and PSUs included in holdings
1,715,518 shares
Portion of Fasoli’s holdings represented by RSUs and PSUs
Shares for exercise price or tax liability
32,255 shares
Shares delivered or withheld for payment of tax liability under code F
Key Terms
restricted stock units, performance restricted stock units, weighted average price
3 terms
restricted stock units financial
"Represents a sale to cover tax obligations on the release of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance restricted stock units financial
"Includes 1,715,518 shares represented by RSUs and performance restricted stock units"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
weighted average price financial
"The price reported is a weighted average price. These shares were sold"
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.
FAQ
What insider transaction did QS report for COO Luca Giovanni Fasoli?
QS reported that COO Luca Giovanni Fasoli disposed of 32,255 shares of Class A Common Stock on 2026-08-18 to cover tax obligations arising from the release of restricted stock units, using a transaction classified as payment of tax liability by delivering or withholding securities.
Was the QS insider transaction a discretionary sale or for tax withholding?
The Form 4 states that the disposition of 32,255 shares represents a sale to cover tax obligations on the release of restricted stock units (RSUs), meaning it was structured to satisfy tax liabilities rather than as a standalone discretionary share sale.
What equity awards are reported for QS COO Luca Giovanni Fasoli in this filing?
The filing notes that Fasoli’s holdings include 1,715,518 shares represented by RSUs and PSUs. RSUs vest quarterly, and PSUs vest upon achievement of certain performance milestones, in both cases conditioned on his continued service at each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
