Form 4: QuantumScape Director Fritz Prinz Reports Stock Award and Holdings

Director Fritz Prinz reports the acquisition of restricted stock units and discloses beneficial ownership of QuantumScape Corp shares.

Summary

• On May 13, 2025, Director Fritz Prinz acquired 64,766 shares of Class A Common Stock through restricted stock units (RSUs) at a price of $0.00.
• Following the transaction, Prinz directly owns 293,053 shares of Class A Common Stock, which includes 225,033 shares represented by RSUs and performance restricted stock units (PSUs).
• Prinz also indirectly owns 777,906 shares through the Prinz Family Trust, 259,302 shares through the Marie Helene Prinz 2019 Trust, and 259,302 shares through the Benedikt Prinz 2019 Trust.
• The RSUs vest quarterly, contingent upon continued service.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and aligns director interests with shareholders.

Positives

• The grant of RSUs to a director aligns their interests with those of the shareholders, incentivizing them to work towards the company's success.
• The vesting schedule of the RSUs encourages continued service and commitment from the director.

Future Outlook

The RSUs vest quarterly, subject to the Reporting Person's continued service.

Industry Context

This filing is a routine disclosure of stock awards to company directors, which is common practice in publicly traded companies to align management's interests with shareholders'.

Stakeholder Impact

• The stock award aligns the director's interests with those of the shareholders, potentially leading to decisions that benefit the company's long-term value.

Key Dates

Keywords

QuantumScape, Director, Fritz Prinz, RSU, Stock, Ownership, Beneficial