QuantumScape CFO logs tax sale of 30,535 shares

QuantumScape Corp CHIEF FINANCIAL OFFICER Kevin Hettrich reported a tax-related share disposition.

Rhea-AI Filing Summary

QuantumScape Corp CHIEF FINANCIAL OFFICER Kevin Hettrich reported a tax-related share disposition. On 2026-05-18, he disposed of 30,535 shares of Class A Common Stock at a weighted average price of $7.3721 per share to cover tax obligations on the release of restricted stock units.

After this transaction, he directly owned 1,843,702 shares of Class A Common Stock. This total includes 1,356,436 shares represented by RSUs and performance restricted stock units, which vest over time or upon achievement of performance milestones, subject to his continued service.

Insights

Equity compensation analyst

Tax-withholding sale is routine and leaves a large remaining stake.

The filing shows CFO Kevin Hettrich disposed of 30,535 QuantumScape Class A shares at a weighted average of $7.3721 per share. Footnotes state this was a sale to cover tax obligations on released RSUs, a common, mechanical step in equity compensation.

Following the transaction, he still holds 1,843,702 shares directly, including 1,356,436 represented by RSUs and PSUs that vest over time or upon performance milestones. The disposed amount is small relative to his total position, indicating a routine tax-withholding event rather than a discretionary reduction in exposure.

Insider Trade Summary

Exercise Price or Tax Liability: 30,535 shares

Exercise Price or Tax Liability 1 txn

Insider Hettrich Kevin

Role CHIEF FINANCIAL OFFICER

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	30,535	$7.3721	$225K

Holdings After Transaction: Class A Common Stock — 1,843,702 shares (Direct)

Footnotes (3)

1. F1. Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs").
2. F2. This transaction was executed in multiple trades at prices ranging from $7.21 USD to $8.01 USD; the price reported above reflects the weighted average sale price.
3. F3. Includes 1,356,436 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.

Key Figures

Tax-withholding shares disposed: 30,535 shares Weighted average disposition price: $7.3721 per share Shares held after transaction: 1,843,702 shares +1 more

4 metrics

Tax-withholding shares disposed 30,535 shares Class A Common Stock disposed on May 18, 2026

Weighted average disposition price $7.3721 per share Multiple trades between $7.21 and $8.01

Shares held after transaction 1,843,702 shares Direct Class A Common Stock ownership following disposition

RSUs and PSUs included in holdings 1,356,436 shares RSUs and PSUs representing rights to Class A shares

Key Terms

restricted stock units ("RSUs"), performance restricted stock units ("PSUs"), weighted average sale price, vesting

4 terms

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 1,356,436 shares represented by RSUs and performance restricted stock units ("PSUs")."

weighted average sale price financial

"the price reported above reflects the weighted average sale price."

vesting financial

"The RSUs vest each quarter and the PSUs vest upon achievement of certain performance milestones"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did QuantumScape (QS) CFO Kevin Hettrich report in this Form 4?

He reported disposing of 30,535 QuantumScape Class A shares on May 18, 2026 at a weighted average price of $7.3721 per share. The disposition was specifically to cover tax obligations on the release of restricted stock units, according to the footnotes.

Was the QuantumScape (QS) CFO’s Form 4 transaction an open-market sale?

The filing describes the transaction as a sale to cover tax obligations on released RSUs, using transaction code F. This indicates a tax-withholding disposition tied to equity compensation, not a discretionary open-market sale undertaken to change his investment exposure.

How many QuantumScape (QS) shares does the CFO hold after this transaction?

After the tax-withholding disposition, CFO Kevin Hettrich directly owns 1,843,702 shares of QuantumScape Class A Common Stock. This figure includes a substantial component represented by RSUs and performance RSUs, which will vest based on time and performance conditions.

At what price were the QuantumScape (QS) shares disposed of in the Form 4?

The 30,535 disposed shares were executed in multiple trades between $7.21 and $8.01, with a reported weighted average price of $7.3721 per share. The trades were used specifically to satisfy tax obligations on recently released restricted stock units.

What role do RSUs and PSUs play in the QuantumScape (QS) CFO’s holdings?

His reported holdings include 1,356,436 shares represented by RSUs and performance RSUs. Each unit corresponds to one Class A share, vesting quarterly or upon meeting performance milestones, provided he continues serving through the relevant vesting dates.

Does this QuantumScape (QS) Form 4 suggest a major change in insider ownership?

The filing shows a tax-withholding disposition of 30,535 shares while total direct holdings remain 1,843,702 shares. Given the relatively small number of shares involved, the transaction appears to be a routine compensation-related event rather than a major shift in ownership.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/20/2026 - 07:35 PM Learn about SEC filing dates

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).

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^*

Hettrich Kevin

(Last) (First) (Middle)

C/O QUANTUMSCAPE CORPORATION

1730 TECHNOLOGY DRIVE

(Street)

SAN JOSE CALIFORNIA 95110

(City) (State) (Zip)

UNITED STATES

(Country)

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 FINANCIAL OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

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

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

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

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	05/18/2026		F(1)		30,535	D	$7.3721(2)	1,843,702(3)	D

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. Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs").

2. This transaction was executed in multiple trades at prices ranging from $7.21 USD to $8.01 USD; the price reported above reflects the weighted average sale price.

3. Includes 1,356,436 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.

Remarks:

	/s /Michael O McCarthy III, attorney-in-fact	05/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)