QuantumScape CTO sells 118,417 shares in plan
QuantumScape Corp’s Chief Technology Officer, Timothy Holme, reported pre-planned conversions of Class B into Class A Common Stock and related open-market sales.
Rhea-AI Filing Summary
QuantumScape Corp’s Chief Technology Officer, Timothy Holme, reported pre-planned conversions of Class B into Class A Common Stock and related open-market sales. On May 21, 2026, he sold 92,972 Class A shares directly at a weighted average price of $8.2324 per share and 25,445 Class A shares indirectly through The Holme 2020 Irrevocable Trust at a weighted average price of $8.2326 per share, totaling 118,417 shares sold. These transactions were effected under a Rule 10b5-1 trading plan. After the transactions, he holds 1,712,506 Class A shares directly, 7,259,858 Class B shares directly, 1,321,480 Class B shares indirectly via the trust, and 1,582,672 shares represented by RSUs and PSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 118,417 shares ($975K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Holme Timothy
Role
CHIEF TECHNOLOGY OFFICER
Sold
118,417 shs ($975K)
Approx. gross sale proceeds
$975K
Approx. exercise cost
$0.00
Approx. pre-tax spread
$975K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 92,972 | $0.00 | $0.00 |
| Conversion | Class B Common Stock | 25,445 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 92,972 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 92,972 | $8.2324 | $765K |
| Conversion | Class A Common Stock | 25,445 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 25,445 | $8.2326 | $209K |
Holdings After Transaction:
Class B Common Stock — 7,259,858 contracts (Direct);
Class B Common Stock — 1,321,480 contracts (Indirect, By: The Holme 2020 Irrevocable Trust);
Class A Common Stock — 1,712,506 shares (Direct);
Class A Common Stock — 0 shares (Indirect, By: The Holme 2020 Irrevocable Trust)
Footnotes (4)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 5, 2025.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.955 to $8.485, 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 1,582,672 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.
- F4. Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the Reporting Person's election and has no expiration date.
Key Figures
Total shares sold: 118,417 shares
Direct sale price: $8.2324/share
Trust sale price: $8.2326/share
+5 more
8 metrics
Total shares sold
118,417 shares
Class A Common Stock sold on May 21, 2026
Direct sale price
$8.2324/share
Weighted average price for 92,972 Class A shares
Trust sale price
$8.2326/share
Weighted average price for 25,445 Class A shares
Direct Class A holdings
1,712,506 shares
Class A Common Stock held directly after transactions
Direct Class B holdings
7,259,858 shares
Class B Common Stock held directly after conversions
Indirect Class B holdings
1,321,480 shares
Class B Common Stock held via The Holme 2020 Irrevocable Trust
RSUs and PSUs
1,582,672 units
Each unit represents one Class A share, subject to vesting
Converted shares
118,417 shares
Class B converted into Class A on May 21, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average price, RSUs, performance restricted stock units ("PSUs"), +2 more
6 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported is a weighted average price. These shares were sold in multiple transactions..."
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.
RSUs financial
"Includes 1,582,672 shares represented by RSUs and performance restricted stock units ("PSUs")."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
performance restricted stock units ("PSUs") financial
"Includes 1,582,672 shares represented by RSUs and performance restricted stock units ("PSUs")."
Class B Common Stock financial
"Each share of Class B Common Stock is convertible at any time into Class A Common Stock..."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Class A Common Stock financial
"Each RSU/PSU represents the Reporting Person's right to receive one share of Class A Common Stock..."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did QuantumScape (QS) CTO Timothy Holme report in this Form 4?
Timothy Holme reported converting Class B into Class A shares and selling 118,417 Class A Common Shares on May 21, 2026. The transactions combined direct and trust-held positions and were executed under a pre-arranged Rule 10b5-1 trading plan.
What role does The Holme 2020 Irrevocable Trust play in these QuantumScape (QS) transactions?
The Holme 2020 Irrevocable Trust held and transacted some of the reported shares. It sold 25,445 Class A shares and continues to hold 1,321,480 Class B shares, which are convertible into Class A on a one-to-one basis with no expiration date.
What are the RSUs and PSUs mentioned in Timothy Holme’s QuantumScape (QS) holdings?
His position includes 1,582,672 shares represented by RSUs and PSUs. Each unit represents the right to receive one Class A share, with RSUs vesting quarterly and PSUs vesting upon reaching specified performance milestones, contingent on continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
