Form 4: QuantumScape Director Receives Annual RSU Grant

Director Jeneanne Michelle Hanley was granted 24,183 restricted stock units as part of QuantumScape's annual director compensation policy.

Summary

• Director Jeneanne Michelle Hanley received an award of 24,183 restricted stock units (RSUs) on June 3, 2026.
• The grant was issued under the company's Outside Director Compensation Policy.
• Each RSU represents a right to receive one share of Class A Common Stock.
• The RSUs are scheduled to vest on the earlier of the one-year anniversary of the June 3, 2026 annual meeting or the day before the next annual meeting, contingent on continued service.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on the company's financial or operational outlook.

Positives

• The grant aligns director interests with long-term shareholder value through equity-based compensation.

Negatives

• The issuance of new RSUs results in potential future dilution for existing shareholders.

Risks

• Vesting is subject to the director's continued service, creating a dependency on personnel retention.

Future Outlook

The RSUs will vest in one year, subject to the director's continued service to the company.

Industry Context

StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice in the technology and battery development sectors to ensure alignment with long-term strategic goals.

Comparison to Industry Standards

• The use of annual RSU grants for non-employee directors is consistent with standard compensation practices for publicly traded companies in the energy storage sector.
• The vesting schedule of one year is standard for annual director equity awards.

Stakeholder Impact

• Minor dilution impact on existing shareholders due to the issuance of new equity units.

Next Steps

• Vesting of the RSUs on the earlier of the one-year anniversary of the annual meeting or the day before the next annual meeting.

Key Dates

Keywords

QuantumScape, QS, Form 4, Director Compensation, Restricted Stock Units, Equity Grant