RIBAR GEOFFREY G 4
Research Summary
AI-generated summary
QuantumScape (QS) Director Geoffrey Ribar Receives RSU Award
What Happened
Geoffrey G. Ribar, a director of QuantumScape (QS), was granted 24,183 restricted stock units (RSUs) on June 3, 2026. Each RSU represents the right to receive one share of Class A common stock. The grant was issued at $0.00 (no cash paid) and is reported as an award (transaction code A).
Key Details
- Transaction date: 2026-06-03; Form 4 filed on 2026-06-05 (timely filing).
- Grant: 24,183 RSUs acquired @ $0.00; aggregate reported value $0.
- Reported holdings: filing notes inclusion of 51,571 shares represented by RSUs (each RSU = right to one share).
- 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: Award granted automatically under the Issuer’s Outside Director Compensation Policy.
Context
RSUs are a form of compensation, not an immediate purchase of shares — they convert to shares only upon vesting (subject to service). Director RSU grants are routine compensation and do not by themselves indicate buying or selling sentiment. Transaction code A denotes an award/grant rather than a market purchase or sale.