Form 4: QuantumScape CFO Sells Shares Under 10b5-1 Plan
Insider Transaction Report
QuantumScape's Chief Financial Officer, Kevin Hettrich, sold 9,800 shares of Class A Common Stock for a weighted average price of $9.2018 per share, executed under a pre-arranged 10b5-1 trading plan.
Summary
- Kevin Hettrich, Chief Financial Officer of QuantumScape Corp (QS), reported a sale of 9,800 shares of Class A Common Stock.
- The transaction occurred on September 12, 2025, at a weighted average price of $9.2018 per share.
- The shares were sold in multiple transactions with prices ranging from $8.755 to $9.935.
- The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Hettrich on June 11, 2025.
- Following this transaction, Mr. Hettrich beneficially owns 1,601,267 shares of Class A Common Stock.
- This beneficial ownership includes 1,260,539 shares represented by restricted stock units (RSUs) and performance stock units (PSUs).
- RSUs vest quarterly, and PSUs vest upon achievement of certain performance milestones, both contingent on continued service.
Sentiment
Score: 5
Explanation: The filing reports a routine insider stock sale executed under a pre-arranged 10b5-1 trading plan, which is generally considered neutral in terms of company sentiment as it's often for personal financial planning rather than a reaction to new company-specific news.
Key Dates
| Date | Description |
|---|---|
| 06/11/2025 | Date Rule 10b5-1 trading plan was adopted by Kevin Hettrich. |
| 09/12/2025 | Date of the reported transaction (sale of Class A Common Stock). |
| 09/16/2025 | Date the Form 4 filing was signed. |
Keywords
QuantumScape, QS, Form 4, Insider Trading, Stock Sale, CFO, Kevin Hettrich, 10b5-1 Plan, Equity Transaction
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