Hettrich Kevin 4
4 · QuantumScape Corp · Filed Jun 24, 2026
Research Summary
AI-generated summary of this filing
QuantumScape (QS) CFO Kevin Hettrich Sells 9,800 Shares
What Happened
Kevin Hettrich, QuantumScape's Chief Financial Officer, sold 9,800 shares of QS on June 22, 2026 in an open‑market/private sale for aggregate proceeds of $77,811 (weighted average price $7.94). The sale was executed under a Rule 10b5‑1 trading plan adopted by Hettrich on June 11, 2025.
Key Details
- Transaction type: Sale (Code S) — 9,800 shares disposed.
- Date of sale: June 22, 2026; Form filed June 24, 2026 (appears timely).
- Price: Weighted average $7.94; individual trades ranged from $7.585 to $8.435. Reporting person will provide per‑price breakdown on request (Footnote F2).
- Proceeds: $77,811 (approx).
- Plan: Sale effected under a pre‑arranged Rule 10b5‑1 plan adopted June 11, 2025 (Footnote F1).
- Shares owned / holdings noted in filing: Filing references 1,955 shares acquired under the Employee Stock Purchase Plan on June 1, 2026 (F3) and 1,356,436 shares represented by RSUs/PSUs (F4). The excerpt provided does not state a single total "shares owned after transaction" figure.
- RSU/PSU details: RSUs vest quarterly; PSUs vest upon performance milestones and both are subject to continued service (F4).
Context
This was a pre‑planned sale under a 10b5‑1 program, which is commonly used to schedule trades in advance and does not necessarily reflect the insider's current view of the company. Sales are routine and less informative about sentiment than purchases; no options exercise, gift, or tax‑withholding event is reported in this transaction.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3][F4]2026-06-22$7.94/sh−9,800$77,811→ 1,826,057 total
Footnotes (4)
- [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 $7.585 to $8.435, 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 1,955 shares acquired under the Issuer's Employee Stock Purchase Plan on June 1, 2026.
- [F4]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.