Hettrich Kevin 4

4 · QuantumScape Corp · Filed Apr 16, 2026

AI-generated summary of this filing

Updated Apr 17, 2026

QuantumScape (QS) CFO Kevin Hettrich Receives RSU/PSU Award

What Happened

Kevin Hettrich, Chief Financial Officer of QuantumScape (QS), received equity awards on 2026-04-14 totaling 516,319 units in two grant entries (430,266 and 86,053). Both entries are reported as awards/acquisitions at $0.00 per share (no cash paid). These awards are equity compensation (restricted stock units and performance restricted stock units), not open-market purchases or sales.

Key Details

Transaction date and price: 2026-04-14; price reported $0.00 (award/grant).
Award breakdown on the Form 4: two entries — 430,266 units and 86,053 units (total 516,319).
Shares/units noted in filing: footnote F3 states the filing includes 1,409,495 shares represented by outstanding RSUs and PSUs.
Vesting/performance notes:
- F1: A portion granted as RSUs (vest quarterly) and PSUs (vest on achievement of performance milestones); both subject to continued service.
- F2: An RSU tranche is eligible to vest based on total shareholder return (TSR) vs. an index over a performance period from 2026-01-01 to 2028-12-31.
Filing timeliness: Report filed 2026-04-16 for a 2026-04-14 grant — appears timely (filed two days after transaction).

Context

These awards are compensation grants, not purchases or sales, so they do not represent immediate market buying/selling by the insider. RSUs convert to shares only as they vest; PSUs only convert if performance conditions are met. Such grants are common executive compensation and should be viewed as part of pay rather than an express buy/sell signal.

Form 4

Period: 2026-04-14

CHIEF FINANCIAL OFFICER

Transactions

Footnotes (3)

[F1]The Issuer granted restricted stock units ("RSUs") (40%) and performance restricted stock units ("PSUs") (60%) to the Reporting Person. Each RSU and 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.
[F2]The Issuer granted RSUs to the Reporting Person. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs are eligible to vest based on the Issuer's total shareholder return ("TSR") relative to certain indexed companies during a performance period beginning on January 1, 2026 and ending on December 31, 2028, subject to the Reporting Person's continued service as of each vesting date.
[F3]Includes 1,409,495 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|2026-04-16

1 file