Buss Brad W 4

What Happened

• Brad W. Buss, a director of QuantumScape Corp (QS), was granted 24,183 restricted stock units (RSUs) on June 3, 2026. The RSUs were awarded under the company's Outside Director Compensation Policy. The reported acquisition price is $0.00 (award), so no cash was paid by the reporting person at grant.

Key Details

• Transaction date and type: June 3, 2026 — Grant/Award (Form 4 code A).
• Shares/units granted: 24,183 RSUs; each RSU represents the right to one share of Class A common stock.
• Price: $0.00 per RSU (award); total money exchanged at grant = $0.
• Vesting: 100% of the RSUs vest on the earlier of (a) the one-year anniversary of the annual meeting held June 3, 2026, or (b) the day before the next annual meeting, subject to continued service (per footnotes F1/F2).
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: Form 4 was filed on June 5, 2026, two business days after the grant date, appearing to be timely.

Context

• RSUs are a form of equity compensation that convert to shares upon vesting; the recipient does not receive shares or cash at grant. Vesting is contingent on continued service, and standard tax withholding rules typically apply when RSUs vest/settle.
• Grants to outside directors under a compensation policy are common and generally routine; an award itself is not a purchase or sale and does not by itself indicate the director buying or selling stock.