Form 4: QuantumScape Executive Mohit Singh Reports Stock Transactions

Mohit Singh, Chief Development Officer of QuantumScape, reports the acquisition of shares through restricted stock units and subsequent sales to cover tax obligations.

Summary

• Mohit Singh, Chief Development Officer of QuantumScape, reported transactions involving Class A Common Stock.
• On February 28, 2025, Singh acquired 56,827 shares of Class A Common Stock through restricted stock units (RSUs) granted as a final bonus payout under the Issuer's 2024 Annual Bonus Plan.
• Subsequently, Singh disposed of shares on March 3, 2025, and March 4, 2025, to cover tax obligations related to the RSUs.
• On March 3, 2025, 27,544 shares were sold at a weighted average price of $4.5267.
• On March 4, 2025, 4,594 shares were sold at a weighted average price of $4.1029.
• Following these transactions, Singh beneficially owns 990,234 shares, including shares represented by RSUs and performance restricted stock units (PSUs).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.

Positives

• The granting of RSUs to employees, including the Reporting Person, as a final bonus payout under the Issuer's 2024 Annual Bonus Plan.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock transactions, common in publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the sale of shares by an executive, but the overall impact is likely minimal.

Key Dates