QuantumScape (NYSE: QS) CTO sells shares under preset plan, keeps over 1.5M stock units
Rhea-AI Filing Summary
QuantumScape Corp (QS) reported insider activity by Chief Technology Officer Timothy Holme. On 2026-08-19, a trust associated with him converted 21,531 shares of Class B into Class A stock and sold 21,531 Class A shares, while he directly sold an additional 20,345 Class A shares. On 2026-08-18, 34,086 Class A shares were withheld or delivered to cover tax obligations on RSU vesting. The sales were effected under a Rule 10b5-1 trading plan adopted on June 5, 2025, and he continues to hold a significant position, including 1,522,261 RSUs/PSUs representing rights to Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
Holme Timothy
Role
CHIEF TECHNOLOGY OFFICER
Sold
41,876 shs ($241K)
Approx. gross sale proceeds
$241K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F6 | 21,531 | $0.00 | $0.00 |
| Sale | Class A Common Stock F3, F4, F5 | 20,345 | $5.7577 | $117K |
| Conversion | Class A Common Stock | 21,531 | $0.00 | $0.00 |
| Sale | Class A Common Stock F3 | 21,531 | $5.7577 | $124K |
| Tax Withholding | Class A Common Stock F1, F2 | 34,086 | $5.7445 | $196K |
Holdings After Transaction:
Class B Common Stock — 1,225,080 shares (Indirect, By: The Holme 2020 Irrevocable Trust);
Class A Common Stock — 1,658,075 shares (Direct);
Class A Common Stock — 0 shares (Indirect, By: The Holme 2020 Irrevocable Trust)
Footnotes (6)
- 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. 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.
- F4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.625 to $5.875, 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.
- F5. Includes 1,522,261 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.
- F6. 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
Direct Class A shares sold: 20,345 shares
Trust Class A shares sold: 21,531 shares
Shares disposed for tax obligations: 34,086 shares
+3 more
6 metrics
Direct Class A shares sold
20,345 shares
Sale by Timothy Holme on 2026-08-19 at a weighted average price of $5.7577 per share
Trust Class A shares sold
21,531 shares
Sale by The Holme 2020 Irrevocable Trust on 2026-08-19 at $5.7577 per share
Shares disposed for tax obligations
34,086 shares
Class A shares delivered or withheld on 2026-08-18 to cover RSU tax obligations at a weighted average price of $5.7445 per share
Total shares sold (excluding tax withholding)
41,876 shares
Net sell shares across open-market or private sales in this Form 4
Class B shares after conversion
1,225,080 shares
Indirectly held Class B Common Stock following the 21,531-share conversion on 2026-08-19
RSUs and PSUs held
1,522,261 shares
Equity awards representing rights to receive Class A Common Stock, subject to quarterly and performance-based vesting
Key Terms
Rule 10b5-1 trading plan, restricted stock units ("RSUs"), performance restricted stock units ("PSUs"), weighted average price, +1 more
5 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.
restricted stock units ("RSUs") financial
"Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs")"
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
"Includes 1,522,261 shares represented by RSUs and performance restricted stock units ("PSUs")"
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.
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.
FAQ
What insider transactions did QS CTO Timothy Holme report in this Form 4?
Timothy Holme reported conversions of 21,531 Class B shares into Class A and open-market or private sales totaling 41,876 Class A shares, plus a separate 34,086 Class A share disposition to cover tax obligations from RSU vesting.
What QuantumScape (QS) equity awards does Timothy Holme still hold after these transactions?
A footnote explains that his holdings include 1,522,261 shares represented by RSUs and PSUs, each giving the right to receive one Class A Common Stock share. RSUs vest quarterly and PSUs vest upon achieving specified performance milestones.
What is the effect of converting QS Class B Common Stock in this filing?
Each share of Class B Common Stock is convertible into one Class A share at any time with no expiration. In this filing, 21,531 Class B shares held via a trust were converted into 21,531 Class A shares, then those Class A shares were sold.
AI-generated analysis. How Rhea-AI works. Not financial advice.
