QuantumScape (NYSE: QS) CTO logs 161,331-share net sale

Rhea-AI Filing Summary

QuantumScape Corp’s Chief Technology Officer Timothy Holme reported a mix of share conversions and sales in QuantumScape stock. On March 5, 2026, he converted 127,077 shares of Class B Common Stock into Class A Common Stock and then sold the same 127,077 Class A shares in open-market transactions at a weighted average price of $6.8646 per share.

An additional 34,254 Class B shares held indirectly through The Holme 2020 Irrevocable Trust were similarly converted into Class A shares and then sold by the trust at the same weighted average price. The filing notes these trades were executed under a pre-established Rule 10b5-1 trading plan adopted on June 5, 2025.

After these transactions, Holme directly held 1,108,182 shares of Class A Common Stock and indirectly held 34,254 Class A shares through the trust. A portion of the direct holdings, totaling 978,348 shares, consists of restricted stock units and performance stock units that vest over time or upon performance milestones.

SEC Form 4

FORM 4

UNITED 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).

X

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^*

Holme Timothy

(Last) (First) (Middle)

C/O QUANTUMSCAPE CORPORATION

1730 TECHNOLOGY DRIVE

(Street)

SAN JOSE CA 95110

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
QuantumScape Corp [ QS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF TECHNOLOGY OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/05/2026		C		127,077	A	$0.00	1,235,259	D
Class A Common Stock	03/05/2026		S(1)		127,077	D	$6.8646(2)	1,108,182(3)	D
Class A Common Stock	03/05/2026		C		34,254	A	$0.00	34,254	I	By: The Holme 2020 Irrevocable Trust
Class A Common Stock	03/05/2026		S(1)		34,254	D	$6.8646(2)	0.00	I	By: The Holme 2020 Irrevocable Trust

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Common Stock	(4)	03/05/2026		C			127,077	(4)	(4)	Class A Common Stock	127,077	$0.00	7,606,984	D
Class B Common Stock	(4)	03/05/2026		C			34,254	(4)	(4)	Class A Common Stock	34,254	$0.00	1,415,433	I	By: The Holme 2020 Irrevocable Trust

Explanation of Responses:

1. The exercise and 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.

2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.715 to $6.965, 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.

3. Includes 978,348 shares represented by restricted stock units ("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.

4. 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.

Remarks:

	/s /Michael O McCarthy III, attorney-in-fact	03/06/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transactions did QuantumScape (QS) CTO Timothy Holme report?

Timothy Holme reported converting Class B into Class A shares and then selling those Class A shares. In total, 161,331 Class A shares were sold in open-market transactions on March 5, 2026, following derivative conversions.

At what price did the QuantumScape (QS) CTO-related shares sell?

The reported sales occurred at a weighted average price of $6.8646 per share. Footnotes state the shares were sold in multiple trades at prices ranging from $6.715 to $6.965, inclusive, across the reported transactions.

Was the QuantumScape (QS) CTO’s Form 4 trading under a 10b5-1 plan?

Yes. The filing specifies that the exercise and sales were executed under a Rule 10b5-1 trading plan. This plan was adopted by the reporting person on June 5, 2025, indicating the trades were pre-arranged rather than discretionary.

How many QuantumScape (QS) shares does the CTO hold after these trades?

Following the reported transactions, Timothy Holme directly held 1,108,182 shares of Class A Common Stock and indirectly held 34,254 Class A shares. The indirect holdings are through The Holme 2020 Irrevocable Trust, as noted in the filing.

What portion of the QuantumScape (QS) CTO’s holdings are RSUs and PSUs?

The filing notes that 978,348 of the directly held Class A shares are represented by restricted stock units (RSUs) and performance stock units (PSUs). RSUs vest quarterly, while PSUs vest upon achieving specified performance milestones, subject to continued service.

How were QuantumScape (QS) Class B shares treated in the CTO’s Form 4?

Class B Common Stock was convertible one-to-one into Class A Common Stock. The reported transactions show Class B shares converted into Class A shares, which were then sold. Footnotes state Class B shares are convertible at any time with no expiration date.