Form 4: QuantumScape Director Fritz Prinz Sells Shares Under 10b5-1 Trading Plan

Director Fritz Prinz sold 12,908 shares of QuantumScape Corp (QS) Class A Common Stock at a weighted average price of $5.2244 on February 21, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On February 21, 2025, Fritz Prinz, a director of QuantumScape Corp (QS), sold 12,908 shares of Class A Common Stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on March 4, 2024.
• The shares were sold at a weighted average price of $5.2244, with individual transaction prices ranging from $5.105 to $5.385.
• Following the transaction, Fritz Prinz directly owns 228,287 shares of Class A Common Stock, including 160,267 shares represented by restricted stock units (RSUs) and performance restricted stock units (PSUs).
• Prinz also indirectly owns 777,906 shares through the Prinz Family Trust, 259,302 shares through the Benedikt Prinz 2019 Trust, and 259,302 shares through the Marie Helene Prinz 2019 Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions by an insider. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider. It provides transparency to the market regarding the trading activities of individuals with access to non-public information.

Stakeholder Impact

• The stock sale by a director could be perceived neutrally or slightly negatively by shareholders, depending on their interpretation of the reasons behind the sale.

Key Dates

Keywords

QuantumScape, QS, Fritz Prinz, Form 4, Beneficial Ownership, 10b5-1 Trading Plan, Stock Sale, Director, Class A Common Stock, RSU, PSU