QuantumScape (NYSE: QS) CEO sells 81,752 shares to cover RSU taxes
Rhea-AI Filing Summary
QuantumScape Corp (QS) reported that Chief Executive Officer Sivaram Srinivasan disposed of 81,752 shares of Class A Common Stock on 2026-08-18 as a sale to cover tax obligations on the release of restricted stock units. The weighted average sale price was $5.7445 per share, from trades between $5.66 and $5.93. Following this tax-withholding disposition, he directly holds 5,078,264 shares, including 4,308,397 shares represented by RSUs and PSUs, and indirectly holds 360,000 shares through trusts for which he is a co-trustee.
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Insights
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Insider Trade Summary
Net Seller: 81,752 shares
Net Sell
2 txns
Insider
Sivaram Srinivasan
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2, F3 | 81,752 | $5.7445 | $470K |
| holding | Class A Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 5,078,264 shares (Direct);
Class A Common Stock — 360,000 shares (Indirect, By: Trusts)
Footnotes (4)
- 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. Includes 4,308,397 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.
- F4. The Reporting Person is a Co-Trustee of the trusts and his family members are beneficiaries of the trusts.
Key Figures
Shares disposed for tax withholding: 81,752 shares
Weighted average sale price: $5.7445 per share
Direct holdings after transaction: 5,078,264 shares
+3 more
6 metrics
Shares disposed for tax withholding
81,752 shares
Sale to cover tax obligations on RSU release on 2026-08-18
Weighted average sale price
$5.7445 per share
Shares sold in multiple transactions between $5.66 and $5.93
Direct holdings after transaction
5,078,264 shares
Class A Common Stock directly owned following the tax-withholding disposition
RSUs and PSUs included in direct holdings
4,308,397 shares
Shares represented by RSUs and PSUs included in direct holdings
Indirect holdings via trusts
360,000 shares
Class A Common Stock held indirectly by trusts where the CEO is Co-Trustee
Exercise-price-or-tax-liability shares
81,752 shares
Shares delivered or withheld for payment of tax liability (code F)
Key Terms
restricted stock units ("RSUs"), performance restricted stock units ("PSUs"), weighted average price, Co-Trustee
4 terms
restricted stock units ("RSUs") financial
"Represents a sale to cover tax obligations on the release of restricted stock units"
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 4,308,397 shares represented by RSUs and performance restricted stock units"
weighted average price financial
"The price reported is a weighted average price. These shares were sold"
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.
Co-Trustee financial
"The Reporting Person is a Co-Trustee of the trusts and his family"
FAQ
What insider transaction did QuantumScape (QS) report for CEO Sivaram Srinivasan?
QuantumScape reported that CEO Sivaram Srinivasan disposed of 81,752 shares of Class A Common Stock on 2026-08-18 to cover tax obligations arising from the release of RSUs. The transaction is coded “F” as payment of tax liability by delivering or withholding securities.
Was the QuantumScape (QS) CEO’s Form 4 transaction a sale for personal liquidity?
The filing characterizes the transaction as a sale to cover tax obligations on the release of RSUs, coded “F” for payment of tax liability by delivering or withholding securities. It does not describe a discretionary open-market sale for other purposes.
What indirect QuantumScape (QS) holdings does the CEO report?
The CEO reports indirect ownership of 360,000 shares of QuantumScape Class A Common Stock held “By: Trusts”. A footnote explains he is a Co-Trustee of these trusts and his family members are beneficiaries of the trusts.
AI-generated analysis. How Rhea-AI works. Not financial advice.
