QS insider moves: 158,323-share gift; 20,435 shares sold at $16.1214

Rhea-AI Filing Summary

QuantumScape (QS) reported insider activity by its Chief Legal Officer. On 11/07/2025, the reporting person made a gift transfer of 158,323 Class A shares to a trust for no consideration, and the trust is shown as acquiring the same 158,323 shares. The trust then executed a sale of 20,435 shares at a weighted average price of $16.1214, with trades ranging from $16.12 to $16.1301. Following these transactions, the filing lists 1,217,795 shares held directly and 137,888 shares held indirectly by a trust. The direct position includes RSUs and PSUs that vest over time or upon performance milestones, subject to continued service.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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^*

MCCARTHY MICHAEL O III

(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 LEGAL OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
11/07/2025

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	11/07/2025		G(1)		158,323	D	$0.00	1,217,795(2)	D
Class A Common Stock	11/07/2025		G(1)		158,323	A	$0.00	158,323	I	By: Trust(3)
Class A Common Stock	11/07/2025		S		20,435	D	$16.1214(4)	137,888	I	By: Trust(3)

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

Explanation of Responses:

1. Gift transfer of shares from Reporting Person to trust for no consideration.

2. Includes 1,217,795 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.

3. The Reporting Person is the grantor of the trust.

4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.12 to $16.1301, 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.

Remarks:

	/s/ Michael O. McCarthy, III	11/12/2025
	** 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 QS report on Form 4?

A gift of 158,323 shares to a trust, and the trust’s sale of 20,435 shares on 11/07/2025 at a weighted average $16.1214.

Who is the reporting person in QuantumScape (QS)'s filing?

The company’s Chief Legal Officer is the reporting person.

How many QS shares are listed as directly held after the transactions?

The filing lists 1,217,795 shares held directly, which include RSUs and PSUs.

How many QS shares are listed as indirectly held by the trust after the sale?

The filing lists 137,888 shares held indirectly by a trust.

What is included in the 1,217,795 directly held shares?

They include RSUs and PSUs, each representing the right to receive one share, with vesting subject to continued service and, for PSUs, performance milestones.

What price range applied to the 20,435 QS shares sold?

Sales occurred at prices ranging from $16.12 to $16.1301, with a weighted average of $16.1214.