QuantumScape Corp·4

Feb 20, 6:51 PM ET

Hettrich Kevin 4

4 · QuantumScape Corp · Filed Feb 20, 2026

Research Summary

AI-generated summary of this filing

Updated

QuantumScape (QS) CFO Kevin Hettrich Sells Shares

What Happened

  • Kevin Hettrich, Chief Financial Officer of QuantumScape (QS), sold a total of 117,259 shares in two transactions to cover tax obligations related to the release of RSUs and PSUs. The sales totaled approximately $836,185.
  • Breakdown: on 2026-02-18 he sold 94,378 shares at a weighted avg price of $7.14 for $674,284 (prices ranged $6.96–$7.29); on 2026-02-19 he sold 22,881 shares at a weighted avg price of $7.08 for $161,901 (prices ranged $6.99–$7.21).

Key Details

  • Transaction dates: 2026-02-18 and 2026-02-19; Form 4 filed 2026-02-20 (timely).
  • Transaction type: Sell-to-cover/tax withholding on RSU/PSU releases (code F).
  • Shares sold: 94,378 (2/18) and 22,881 (2/19); total 117,259.
  • Proceeds: ~$674,284 (2/18) and ~$161,901 (2/19); total ≈ $836,185.
  • Price reporting: weighted averages; see reported ranges above (footnotes F2, F3). Reporting person can provide per-price breakdown on request.
  • Shares owned after transaction: not specified in the excerpt of this filing.
  • Notable footnotes: F1 confirms sales were to cover tax obligations; F4 notes 893,176 shares are represented by RSUs/PSUs subject to vesting and performance.

Context

  • These were routine sell-to-cover transactions to satisfy tax withholding when restricted stock units and performance RSUs vested — common for executives and not necessarily a directional signal about future company prospects.
  • The filing appears timely (transactions 2/18–2/19; Form 4 filed 2/20).

Insider Transaction Report

Form 4
Period: 2026-02-18
Hettrich Kevin
CHIEF FINANCIAL OFFICER
Transactions
  • Tax Payment

    Class A Common Stock

    [F1][F2]
    2026-02-18$7.14/sh94,378$674,2841,390,760 total
  • Tax Payment

    Class A Common Stock

    [F1][F3][F4]
    2026-02-19$7.08/sh22,881$161,9011,367,879 total
Footnotes (4)
  • [F1]Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs") and performance restricted stock units ("PSUs").
  • [F2]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.96 to $7.29, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
  • [F3]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.99 to $7.21, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
  • [F4]Includes 893,176 shares represented by RSUs and PSUs. Each RSU/PSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs vest each quarter and the PSUs vest upon achievement of certain performance milestones, in both cases subject to the Reporting Person's continued service as of each vesting date.
Signature
/s /Michael O McCarthy III, attorney-in-fact|2026-02-20

Documents

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  • 4
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