Form 4: QuantumScape CLO Sells Shares for Tax Obligations

QuantumScape's Chief Legal Officer, Michael O. McCarthy III, sold 31,766 shares of Class A Common Stock to cover tax obligations related to restricted stock unit vesting.

Summary

• QuantumScape's Chief Legal Officer, Michael O. McCarthy III, disposed of 31,766 shares of Class A Common Stock.
• The transaction occurred on August 18, 2025, at a weighted average price of $8.7024 per share, with prices ranging from $8.55 to $9.10.
• The sale was conducted to cover tax obligations associated with the release of restricted stock units (RSUs).
• Following this transaction, Michael O. McCarthy III beneficially owns 1,435,417 shares of QuantumScape Class A Common Stock.
• The remaining beneficial ownership includes 1,217,795 shares represented by RSUs and performance restricted stock units (PSUs), which vest upon continued service or achievement of performance milestones.

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock sale to cover tax obligations, which is a common event and does not indicate a change in company fundamentals or outlook.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine tax-related sale by an executive, not indicative of a change in company fundamentals or executive confidence.

Key Dates

Recommendation

The filing details a routine insider stock sale by the Chief Legal Officer to cover tax obligations on vested restricted stock units. This type of transaction is common and does not typically reflect a change in the company's fundamental outlook or the insider's confidence in the company. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

QuantumScape, QS, stock sale, insider transaction, Form 4, executive compensation, RSU, PSU, Michael O. McCarthy III