QuantumScape (NYSE: QS) CDO receives major RSU and PSU grants
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 Trade Summary
| 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 | -- |
Footnotes (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.