SEGERS DENNIS 4

What Happened

• Dennis Segers, a director of QuantumScape (QS), received an award of 24,183 restricted stock units (RSUs) on June 3, 2026. The grant was reported on a Form 4 filed June 5, 2026. The RSUs were granted at $0.00 per unit (no cash paid at grant) and represent the right to receive one share of Class A common stock per RSU upon vesting.
• This is an award/compensation grant (transaction code A), not an open-market purchase or sale. Awards are routine director compensation rather than an immediate market bet.

Key Details

• Transaction date: 2026-06-03; Report filed: 2026-06-05. Grant price: $0.00 per RSU.
• Shares granted: 24,183 RSUs. Form notes holdings that include 52,452 shares represented by RSUs (see footnote F2).
• Vesting: 100% of these RSUs vest on the earlier of the one-year anniversary of the annual meeting held June 3, 2026, or the day before the next annual meeting, subject to continued service (footnote F1).
• Transaction type/code: Award (A). No tax-withholding, 10b5-1 plan, or late-filing flag disclosed — filing appears timely (filed two days after the grant date).

Context

• RSUs are a deferred compensation instrument: the recipient does not receive shares or proceeds until the RSUs vest and are settled (each RSU converts to one share upon vesting). This grant reflects routine director compensation rather than an immediate purchase or sale signal for investors.