Hettrich Kevin 4

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).