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QuantumScape (NYSE: QS) CDO receives major RSU and PSU grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Singh Mohit reported acquisition or exercise transactions in this Form 4 filing.

QuantumScape Corp reported that Chief Development Officer Mohit Singh received equity awards in the form of Class A Common Stock on April 14, 2026. He was granted 519,287 restricted and performance stock units at no cash cost, increasing his direct holdings to 1,749,178 shares after this grant.

On the same date, he received an additional 103,857 restricted stock units, bringing his direct holdings to 1,853,035 Class A shares, including 1,601,492 shares represented by RSUs and PSUs. The RSUs generally vest quarterly, while PSUs and certain RSUs vest based on performance milestones and relative total shareholder return through December 31, 2028, subject to continued service.

Positive

  • None.

Negative

  • None.
Insider Singh Mohit
Role CHIEF DEVELOPMENT OFFICER
Type Security Shares Price Value
Grant/Award Class A Common Stock 519,287 $0.00 --
Grant/Award Class A Common Stock 103,857 $0.00 --
Holdings After Transaction: Class A Common Stock — 1,749,178 shares (Direct)
Footnotes (1)
  1. The Issuer granted restricted stock units ("RSUs") (40%) and performance restricted stock units ("PSUs") (60%) to the Reporting Person. Each RSU and 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. The Issuer granted RSUs to the Reporting Person. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs are eligible to vest based on the Issuer's total shareholder return ("TSR") relative to certain indexed companies during a performance period beginning on January 1, 2026 and ending on December 31, 2028, subject to the Reporting Person's continued service as of each vesting date. Includes 1,601,492 shares represented by RSUs and 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.
First stock grant 519,287 shares Class A Common Stock RSUs/PSUs granted April 14, 2026
Second stock grant 103,857 shares Additional Class A Common Stock RSUs granted April 14, 2026
Total shares after transactions 1,853,035 shares Direct Class A Common Stock holdings following second grant
RSUs and PSUs included 1,601,492 shares Shares represented by RSUs and PSUs within total holdings
Grant price $0.00 per share Indicates compensatory grants, not open-market purchases
Performance period Jan 1, 2026 – Dec 31, 2028 TSR-based RSUs vest based on relative shareholder return in this window
restricted stock units ("RSUs") financial
"The Issuer granted restricted stock units ("RSUs") (40%) and performance restricted stock units"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
performance restricted stock units ("PSUs") financial
"RSUs ("RSUs") (40%) and performance restricted stock units ("PSUs") (60%) to the Reporting Person"
total shareholder return ("TSR") financial
"based on the Issuer's total shareholder return ("TSR") relative to certain indexed companies"
performance milestones financial
"The RSUs vest each quarter and the PSUs vest upon achievement of certain performance milestones"
continued service financial
"in both cases subject to the Reporting Person's continued service as of each vesting date"
SEC Form 4
FORM 4UNITED 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).
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*
Singh Mohit

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

(Street)
SAN JOSE CALIFORNIA 95110

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
QuantumScape Corp [ QS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF DEVELOPMENT OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock04/14/2026A(1)519,287A$0.001,749,178D
Class A Common Stock04/14/2026A(2)103,857A$0.001,853,035(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The Issuer granted restricted stock units ("RSUs") (40%) and performance restricted stock units ("PSUs") (60%) to the Reporting Person. Each RSU and 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.
2. The Issuer granted RSUs to the Reporting Person. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs are eligible to vest based on the Issuer's total shareholder return ("TSR") relative to certain indexed companies during a performance period beginning on January 1, 2026 and ending on December 31, 2028, subject to the Reporting Person's continued service as of each vesting date.
3. Includes 1,601,492 shares represented by RSUs and 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.
Remarks:
/s /Michael O McCarthy III, attorney-in-fact04/16/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did QuantumScape (QS) disclose about Mohit Singh’s latest stock awards?

QuantumScape disclosed that Chief Development Officer Mohit Singh received two large equity grants of Class A Common Stock as RSUs and PSUs. These awards cost no cash, reflect compensation rather than market buying, and significantly increase his reported direct and stock-unit-based holdings in the company.

How many QuantumScape (QS) shares does Mohit Singh hold after these Form 4 grants?

After the reported grants, Mohit Singh holds 1,853,035 shares of QuantumScape Class A Common Stock directly. This total includes 1,601,492 shares represented by restricted and performance stock units, which may convert into actual shares over time as vesting and performance conditions are satisfied.

What are the terms of the new RSUs and PSUs QuantumScape (QS) granted to Mohit Singh?

The new awards include restricted stock units that generally vest each quarter and performance stock units that vest upon achievement of specific performance milestones. All vesting is contingent on Mohit Singh’s continued service with QuantumScape through the applicable vesting dates specified in the award conditions.

How is QuantumScape’s (QS) total shareholder return used in Mohit Singh’s RSU awards?

Certain RSUs granted to Mohit Singh vest based on QuantumScape’s total shareholder return relative to an index of companies. The performance period runs from January 1, 2026, through December 31, 2028, and vesting remains subject to his continued service during this multi-year timeframe.

Do Mohit Singh’s new QuantumScape (QS) stock awards involve open-market purchases?

No, the reported transactions are coded as grants or awards at a price of $0.00 per share, indicating equity compensation rather than open-market purchases. The awards represent rights to receive QuantumScape Class A shares if vesting and performance conditions are later satisfied.