Form 4: QuantumScape CTO Sells $3.3M in Stock

QuantumScape's Chief Technology Officer, Timothy Holme, reported the conversion and sale of Class A and Class B common stock, including transactions under a Rule 10b5-1 trading plan.

Summary

• Timothy Holme, Chief Technology Officer of QuantumScape Corp, reported transactions involving the company's Class A and Class B Common Stock on October 3, 2025.
• Holme converted 108,655 shares of Class B Common Stock into Class A Common Stock directly.
• He also converted 44,923 shares of Class B Common Stock into Class A Common Stock indirectly through The Holme 2020 Irrevocable Trust.
• Following these conversions, Holme directly sold 166,442 shares of Class A Common Stock at a weighted average price of $15.5186 per share.
• The Holme 2020 Irrevocable Trust also sold 44,923 shares of Class A Common Stock at the same weighted average price of $15.5186 per share.
• All sales were conducted pursuant to a Rule 10b5-1 trading plan adopted by Holme on June 5, 2025.
• After these transactions, Holme directly beneficially owns 1,364,273 shares of Class A Common Stock, which includes 1,364,273 shares represented by restricted stock units (RSUs) and performance restricted stock units (PSUs).
• Holme directly beneficially owns 8,360,459 shares of Class B Common Stock and indirectly owns 1,618,708 shares of Class B Common Stock through The Holme 2020 Irrevocable Trust.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of insider transactions under a pre-arranged trading plan, which is generally considered neutral. It does not contain new operational or financial news that would significantly alter sentiment.

Positives

• The sales were conducted under a Rule 10b5-1 trading plan, adopted on June 5, 2025, indicating pre-scheduled transactions and reducing concerns about opportunistic insider selling.

Negatives

• Chief Technology Officer Timothy Holme, directly and indirectly, sold a significant number of shares (211,365 shares) for approximately $3.28 million.

Future Outlook

This filing is a disclosure of insider transactions and does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity and does not provide information directly related to broader industry trends or competitive landscape. It reflects an individual executive's pre-planned stock transactions.

Related Party Transactions

• Timothy Holme's indirect transactions were conducted through The Holme 2020 Irrevocable Trust, which converted 44,923 shares of Class B Common Stock to Class A Common Stock and subsequently sold them.

Stakeholder Impact

• Shareholders may note the sale of shares by a key executive, though conducted under a pre-arranged trading plan (10b5-1), which typically mitigates concerns about opportunistic selling and is a common practice for executives managing personal finances.

Key Dates

Keywords

QuantumScape, QS, Form 4, Insider Transaction, Stock Sale, Timothy Holme, CTO, 10b5-1 Plan, Class A Common Stock, Class B Common Stock