Hettrich Kevin 4
4 · QuantumScape Corp · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
QuantumScape (QS) CFO Kevin Hettrich Sells 9,800 Shares
What Happened
Kevin Hettrich, Chief Financial Officer of QuantumScape (QS), reported the sale of 9,800 shares of Class A common stock on July 2, 2026. The shares were disposed in open-market transactions for a total of $71,362, at a weighted average price of $7.28 per share (individual trade prices ranged from $6.985 to $7.785). This was a sale (not a purchase) and was effected under a pre-established Rule 10b5-1 trading plan adopted by Mr. Hettrich on June 11, 2025.
Key Details
- Transaction date: 2026-07-02 (reported on Form 4 filed 2026-07-07). Filing was timely given the July 3 holiday observance; due date was July 7.
- Shares sold: 9,800; weighted avg price: $7.28; price range: $6.985–$7.785. Total proceeds ≈ $71,362.
- Shares owned/subject to award after transaction: filing discloses 1,356,436 shares represented by RSUs and PSUs (each unit converts to one share). The form does not disclose a separate total beneficial ownership figure beyond these award holdings.
- Notable footnotes: sale executed pursuant to a Rule 10b5-1 plan (adopted 6/11/2025); weighted-average price reported with an offer to provide a per-price breakdown on request; RSUs vest quarterly and PSUs vest on performance milestones subject to continued service.
Context
Sales under 10b5-1 plans are pre-planned and common for insiders to diversify or meet liquidity needs; they should not be read as a comment on company fundamentals. The reported RSUs/PSUs represent deferred or performance-based compensation and vest over time or upon achievement of targets.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-07-02$7.28/sh−9,800$71,362→ 1,816,257 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 $6.985 to $7.785, 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.