QuantumScape (NYSE: QS) CTO nets 195,451-share stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuantumScape Corp’s Chief Technology Officer Timothy Holme reported several stock transactions involving Class A and Class B shares. Across February 18–20, he sold a net 195,451 Class A shares in open-market transactions, with some sales executed to cover tax obligations on vesting RSUs and PSUs.
Some Class B shares were converted into Class A shares on a one-to-one basis, and part of the resulting Class A was then sold. Following these moves, he directly held 1,088,228 Class A shares, including 978,348 represented by RSUs and PSUs. All reported sales were made under a pre-established Rule 10b5-1 trading plan adopted on June 5, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 195,451 shares ($1,383,384)
Net Sell
9 txns
Insider
Holme Timothy
Role
CHIEF TECHNOLOGY OFFICER
Sold
195,451 shs ($1.38M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 34,120 | $6.9673 | $238K |
| Conversion | Class B Common Stock | 127,077 | $0.00 | -- |
| Conversion | Class B Common Stock | 34,254 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 23,316 | $7.0758 | $165K |
| Conversion | Class A Common Stock | 127,077 | $0.00 | -- |
| Sale | Class A Common Stock | 127,077 | $7.1013 | $902K |
| Conversion | Class A Common Stock | 34,254 | $0.00 | -- |
| Sale | Class A Common Stock | 34,254 | $7.1013 | $243K |
| Tax Withholding | Class A Common Stock | 105,719 | $7.1445 | $755K |
Holdings After Transaction:
Class A Common Stock — 1,088,228 shares (Direct);
Class B Common Stock — 7,734,061 shares (Direct);
Class B Common Stock — 1,449,687 shares (Indirect, By: The Holme 2020 Irrevocable Trust);
Class A Common Stock — 34,254 shares (Indirect, By: The Holme 2020 Irrevocable Trust)
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 $6.96 to $7.29, 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 $6.99 to $7.21, 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 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. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.985 to $7.215, 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 $6.855 to $7.105, 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 978,348 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. 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.
FAQ
What did QuantumScape (QS) CTO Timothy Holme report in this Form 4?
Timothy Holme reported multiple stock transactions involving QuantumScape Class A and Class B shares. These included open-market sales, tax-related share dispositions on vesting RSUs/PSUs, and conversions of Class B into Class A stock during February 18–20, 2026.