Straubel Jeffrey B 4

What Happened
Jeffrey B. Straubel, a director of QuantumScape Corp (QS), sold 27,106 shares on 2026-02-19 in an open-market transaction. The shares were disposed at a weighted average price of $7.10 per share for total proceeds of approximately $192,461. This was a sale (not a purchase) and therefore generally a routine disposition rather than an expressed bullish purchase.

Key Details

• Transaction date: 2026-02-19; Form 4 filed 2026-02-20 (timely filing).
• Transaction type/code: Sale (S) — open market/private sale reported.
• Shares sold: 27,106; weighted average price reported $7.10; total proceeds ≈ $192,461.
• Price range: shares sold in multiple trades at prices from $6.995 to $7.205 (per footnote).
• Holdings after transaction: the filing does not state a single total here; it notes inclusion of 48,192 shares represented by RSUs (restricted stock units) that convert to one share each per vesting schedule.
• Plan/footnote: Sales were effected under a Rule 10b5-1 trading plan adopted June 13, 2025 (routine, prearranged trading plan).
• Additional disclosure: Reporting person will provide breakdown of number of shares sold at each price within the stated range upon request (per footnote).

Context
Because the sale was made under a 10b5-1 plan, it is generally viewed as a prearranged, rule-compliant disposition and not necessarily a reflection of current views about the company’s prospects. Footnote information about RSUs indicates part of the director’s holdings are unvested awards that convert to shares according to a vesting schedule.