Hettrich Kevin 4
4 · QuantumScape Corp · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
QuantumScape CFO Kevin Hettrich Sells 9,800 Shares
What Happened
Kevin Hettrich, Chief Financial Officer of QuantumScape Corp (QS), sold 9,800 shares of Class A common stock on May 21, 2026. The reported weighted-average sale price was $8.06 per share, for total proceeds of approximately $78,977. This disposition was reported as an open market/private sale and was executed pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-05-21; Form 4 filed 2026-05-22 (appears timely).
- Price: weighted average $8.06; actual prices ranged from $7.645 to $8.415 (sold in multiple transactions).
- Shares sold: 9,800 (Disposition, code S). Proceeds ≈ $78,977.
- Shares owned after transaction: not explicitly stated in the excerpt provided; filing notes 1,356,436 shares are represented by RSUs/PSUs included in holdings.
- Footnotes: (F1) Sale executed under a 10b5-1 trading plan adopted June 11, 2025. (F2) Weighted-average price with per-share price range; reporting person will provide per-trade breakdown on request. (F3) Holdings include 1,356,436 RSUs/PSUs that convert to one share each upon vesting.
- Timeliness: Filing date is the day after the transaction; no late filing indicated in the provided information.
Context
Sales made under an established 10b5-1 plan are pre-scheduled trades and are typically considered routine rather than a direct signal of the insider’s view on the company. This was a sale (not a purchase or option exercise), so it reduces the insider’s stake but does not, by itself, indicate company outlook.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-05-21$8.06/sh−9,800$78,977→ 1,833,902 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 $7.645 to $8.415, 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 1,356,436 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.