Hanley Jeneanne Michelle 4

What Happened
Jeneanne Hanley, a Director of QuantumScape Corp (QS), was granted 24,183 restricted stock units (RSUs) on June 3, 2026. The Form 4 reports the award as an acquisition (code A) at $0.00 per share (total reported acquisition value $0). RSUs are not immediate cash purchases or sales — they represent the right to receive one share of Class A common stock per RSU when they vest.

Key Details

• Transaction date: June 3, 2026; filing date: June 5, 2026 (Form 4 accession 0001733201-26-000002). Filing appears timely (within the usual two-business-day window).
• Grant: 24,183 RSUs; reported acquisition price $0.00.
• Shares owned after transaction: not specified in the filing.
• Footnotes: (F1) RSUs granted as the automatic annual award under the Outside Director Compensation Policy; 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. (F2) Confirms each RSU converts to one share per the vesting schedule.
• Transaction code: A = Award/Grant.

Context
RSU awards to outside directors are routine non-cash compensation and do not reflect an open-market purchase or sale. These RSUs will convert into shares only upon vesting (subject to continued service), at which point they may have taxable value and be reported differently if shares are delivered or sold.