Hettrich Kevin 4

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.