Form 4: QuantumScape CDO Executes Pre-Planned Stock Option Exercises and Sales

Mohit Singh, Chief Development Officer of QuantumScape Corp, engaged in pre-planned stock option exercises and subsequent sales of Class A Common Stock totaling 615,000 shares over two days in late June 2025.

Summary

• Mohit Singh, QuantumScape's Chief Development Officer, executed transactions involving the company's Class A Common Stock on June 25 and June 26, 2025.
• These transactions were conducted under a Rule 10b5-1 trading plan adopted on September 12, 2024.
• On June 25, 2025, Mr. Singh exercised options to acquire 290,000 shares of Class A Common Stock at an exercise price of $1.3252 per share.
• Immediately following the exercise on June 25, 2025, he sold 290,000 shares of Class A Common Stock at a weighted average price of $5.9575 per share, with prices ranging from $5.69 to $6.20.
• On June 26, 2025, Mr. Singh exercised options to acquire an additional 91,631 shares at $1.3252 per share and 233,369 shares at $2.377 per share.
• Following these exercises on June 26, 2025, he sold 325,000 shares of Class A Common Stock at a weighted average price of $7.2111 per share, with prices ranging from $7.19 to $7.245.
• After all reported transactions, Mr. Singh's direct beneficial ownership of Class A Common Stock stands at 1,641,711 shares.
• This beneficial ownership includes 1,437,698 shares represented by restricted stock units (RSUs) and performance restricted stock units (PSUs), which vest upon continued service or achievement of performance milestones.
• Additionally, 713 shares were acquired under the Issuer's Employee Stock Purchase Plan on June 2, 2025.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, pre-planned insider transaction (Form 4) for liquidity and diversification, not indicative of new company performance or strategic shifts.

Positives

• The transactions were executed under a Rule 10b5-1 trading plan, indicating pre-planned activity rather than reactive selling, which can mitigate negative perceptions of insider sales.
• Mr. Singh realized significant gains by exercising options at low prices ($1.3252 and $2.377) and selling shares at substantially higher market prices ($5.9575 and $7.2111 weighted averages).

Negatives

• The sale of a significant number of shares by a Chief Development Officer, even if pre-planned, could be perceived by some investors as a reduction in direct equity exposure, although it is common for liquidity and diversification.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• The exercise and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2024.

Industry Context

This document is a routine insider trading disclosure (Form 4) specific to QuantumScape Corp and its Chief Development Officer. It does not provide information relevant to broader industry trends or competitive analysis.

Corporate Governance

Stakeholder Impact

• Shareholders: Provides transparency regarding insider stock transactions, which is a standard disclosure. The pre-planned nature of the sales may alleviate concerns about reactive insider selling.

Key Dates

Keywords

QuantumScape, QS, Form 4, Insider Trading, Stock Options, Rule 10b5-1, Mohit Singh, Chief Development Officer, Stock Sale, Stock Exercise, Beneficial Ownership