Hettrich Kevin 4

What Happened Kevin Hettrich, Chief Financial Officer of QuantumScape (QS), sold 9,800 shares in an open-market transaction on March 11, 2026. The shares were sold at a weighted-average price of $6.95, for aggregate proceeds of approximately $68,127. This was a sale (not a purchase), which for insiders is often routine cashing of holdings rather than an explicit signal about the company.

Key Details

• Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (within the typical two-business-day filing window).
• Sale details: 9,800 shares sold; weighted-average price $6.95; total proceeds ≈ $68,127.
• Price range: sales occurred at individual prices from $6.855 to $7.075 (reporting person can provide per-price breakdown on request).
• Plan: The transactions were effected under a Rule 10b5-1 trading plan adopted June 11, 2025.
• Holdings note: Filing discloses that reported beneficial ownership includes 893,176 shares represented by RSUs and PSUs (each RSU/PSU converts to one share; RSUs vest quarterly and PSUs vest on performance milestones). The total post-sale beneficial ownership amount was not provided in the summary data here.
• Transaction type code: S (sale / open-market).

Context

• The sale was made under a pre-arranged 10b5-1 plan, which generally schedules trades in advance and can indicate routine, non-discretionary selling.
• No options were exercised in this reported transaction and there was no indication of gifts or tax-withholding-related transfers.