RIBAR GEOFFREY G 4
Research Summary
AI-generated summary
QuantumScape Director Geoffrey Ribar Receives RSU Award
What Happened
Geoffrey G. Ribar, a director of QuantumScape Corp (QS), received two restricted stock unit (RSU) grants on January 29, 2026 totaling 36,102 RSUs (29,878 RSUs + 6,224 RSUs). Each RSU represents the right to one share of Class A common stock. The awards were granted at $0.00 per share (non‑cash awards) under the company’s Amended and Restated Outside Director Compensation Policy.
Key Details
- Transaction date: 2026-01-29 (reported on Form 4 filed 2026-01-30). Transaction code: A = Award/Grant.
- Grant amounts and prices: 29,878 RSUs @ $0.00 and 6,224 RSUs @ $0.00 (total 36,102 RSUs; total cash value at grant = $0).
- Vesting: Initial award vests quarterly over three years (subject to continued service). Pro‑rated annual award vests 100% on the earlier of one year from grant or the day before the next annual meeting (subject to continued service).
- Post-transaction holdings: Includes 36,102 unvested RSUs reported for the reporting person (each converts to one share upon vesting).
- Footnotes: F1 and F2 describe the two separate RSU grants and vesting schedules; F3 confirms the 36,102 RSUs count.
- Filing timeliness: Filed the next day (appears timely under standard Form 4 deadlines).
Context
RSU grants to outside directors are routine compensation and are non‑cash awards that become company stock only as they vest. Such awards are different from open‑market purchases (which can signal buying conviction) and from option exercises followed by immediate sales. This Form 4 reports the grant (acquisition code A), not a purchase or sale of existing shares.