QuantumScape (QS) CDO reports RSU/PSU tax sales, retains 1.34M stake
Rhea-AI Filing Summary
QuantumScape Corp (QS) reported an insider transaction by its Chief Development Officer on a Form 4. On 11/18/2025, the officer disposed of 78,013 shares of Class A Common Stock at a weighted average price of $13.0416 and 1,000 shares at a weighted average price of $13.4609. The filing explains these were sales to cover tax obligations triggered by the release of restricted stock units (RSUs) and performance restricted stock units (PSUs).
After these transactions, the officer beneficially owns 1,341,041 shares of Class A Common Stock, including 1,217,866 shares represented by RSUs and PSUs. Each RSU or PSU represents the right to receive one share, with RSUs vesting quarterly and PSUs vesting upon achievement of specified performance milestones, in each case contingent on continued service.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 78,013 | $13.0416 | $1.02M |
| Tax Withholding | Class A Common Stock | 1,000 | $13.4609 | $13K |
Footnotes (1)
- Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs") and performance restricted stock units ("PSUs"). The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.44 to $13.44, 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. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.45 to $13.48, 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. Includes 1,217,866 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.
FAQ
What insider transaction did QuantumScape (QS) report in this Form 4?
The Chief Development Officer of QuantumScape (QS) reported disposing of Class A Common Stock on 11/18/2025, consisting of two sale transactions disclosed in Table I.
What portion of the officers QuantumScape (QS) holdings are RSUs and PSUs?
The beneficial ownership includes 1,217,866 shares represented by RSUs and PSUs, each giving the right to receive one share of Class A Common Stock.
How do the RSUs and PSUs for the QuantumScape (QS) officer vest?
The filing states that RSUs vest each quarter, while PSUs vest upon achievement of certain performance milestones, in both cases subject to the officers continued service on each vesting date.