Hettrich Kevin 4

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.