[Form 4] QuantumScape Corporation Insider Trading Activity
Rhea-AI Filing Summary
Timothy Holme, Chief Technology Officer and director of QuantumScape Corporation (QS), reported the sale of 40,272 shares of Class A common stock on 08/18/2025 at a weighted average price of $8.7024 per share to cover tax obligations on the release of restricted stock units (RSUs). After the sale, he beneficially owns 1,621,656 shares, which include 1,364,273 RSUs and performance restricted stock units (PSUs). RSUs vest quarterly and PSUs vest upon achievement of performance milestones, both subject to continued service. The Form 4 was signed by an attorney-in-fact.
Positive
- Continued substantial insider ownership: Reporting person retains 1,621,656 shares, maintaining alignment with shareholders.
- Sale was for tax withholding on vesting: Transaction explicitly reported as a sale to cover tax obligations on RSU release, indicating routine administrative purpose.
- Detailed disclosure of RSU/PSU counts and vesting: Filing specifies 1,364,273 RSUs/PSUs and explains quarterly vesting and performance-based vesting for PSUs.
Negative
- None.
Insights
TL;DR: Routine insider tax-sale of vested equity; sizable remaining ownership keeps executive aligned with shareholders.
The reported transaction is a standard sale to satisfy tax withholding on equity vesting rather than a discretionary divestiture for liquidity. The sale of 40,272 shares at a weighted average price of $8.7024 represents a small fraction of the reporting person's total beneficial holdings of 1,621,656 shares. Continued large ownership, including 1,364,273 RSUs/PSUs, suggests ongoing alignment with company performance and potential upside tied to future vesting and milestone achievement.
TL;DR: Transaction appears compliant and routine; disclosure notes vesting schedule and tax-withholding sale.
The Form 4 discloses the sale as a tax-withholding event linked to RSU release and provides a weighted average sale price range. The filing identifies vesting mechanics for RSUs and PSUs and indicates the reporting person remains a significant insider holder. The record was executed via attorney-in-fact, which is common for administrative filings. There are no indications of unusual trading patterns or governance red flags in the disclosed information.