Hettrich Kevin 4
4 · QuantumScape Corp · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
QuantumScape (QS) CFO Kevin Hettrich Sells 9,800 Shares
What Happened
Kevin Hettrich, Chief Financial Officer of QuantumScape (QS), sold 9,800 shares of Class A common stock on April 2, 2026. The shares were disposed in open-market transactions for a weighted average price of $6.20 per share, producing proceeds of approximately $60,795. This was a sale (code S), which is often routine rather than a directional signal.
Key Details
- Transaction date: 2026-04-02 (reported on Form 4 filed 2026-04-03). Filing appears timely.
- Quantity and price: 9,800 shares sold at a weighted average price of $6.20; individual sale prices ranged from $6.015 to $6.345.
- Proceeds: ~$60,795. The reporting person will provide a breakdown of shares sold at each price on request.
- Plan/authorization: Sale executed pursuant to a Rule 10b5-1 trading plan adopted June 11, 2025 (pre-established plan).
- Holdings note: The filing indicates beneficial holdings include 893,176 shares represented by RSUs and PSUs. RSUs vest quarterly and PSUs vest upon achieving performance milestones, in both cases subject to continued service.
Context
- Because the sale was made under a 10b5-1 plan, it was prearranged and may not reflect the CFO’s current view on the company.
- Sales are common for liquidity or portfolio-management reasons; purchases typically carry more weight as bullish signals.
Insider Transaction Report
Form 4
Hettrich Kevin
CHIEF FINANCIAL OFFICER
Transactions
- Sale
Class A Common Stock
[F1][F2][F3]2026-04-02$6.20/sh−9,800$60,795→ 1,357,918 total
Footnotes (3)
- [F1]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2025.
- [F2]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.015 to $6.345, 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]Includes 893,176 shares represented by restricted stock units ("RSUs") and performance restricted stock units ("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|2026-04-03