QuantumScape (QS) CFO Kevin Hettrich Sells 31,095 Shares
$QS · QuantumScape CorpResearch Summary
AI-generated summary of this SEC filing
QuantumScape (QS) CFO Kevin Hettrich Sells 31,095 Shares
What Happened
Kevin Hettrich, Chief Financial Officer of QuantumScape (QS), sold 31,095 shares on August 18, 2026 to satisfy tax withholding related to the release of restricted stock units (RSUs). The filing reports a weighted-average sale price of $5.74 per share, for proceeds of approximately $178,625. This was a sale to cover tax obligations (routine withholding), not an open-market investment sale.
Key Details
- Transaction date: 2026-08-18; Form 4 filed: 2026-08-20 (appears timely).
- Reported weighted-average price: $5.74; reported sale price range: $5.66 to $5.93 (multiple transactions). (Footnote F2: issuer can request breakdown by price.)
- Amount sold / disposition code: 31,095 shares; disposition code F = tax withholding on RSU/PSU vesting (Footnote F1).
- Shares owned after transaction: filing does not state a single total explicitly here; footnote F3 indicates the reporting person has 1,301,327 shares represented by RSUs/PSUs (these RSUs/PSUs vest over time and are subject to service and performance conditions).
- Footnotes: F1 = sale to cover tax obligations on RSU release; F2 = weighted average and price range; F3 = includes 1,301,327 RSUs/PSUs.
Context
This was a tax-withholding sale tied to vested equity (cashless sell-to-cover), which is routine for executives receiving RSUs/PSUs and does not by itself signal a change in insider conviction about the company. If you want the exact number of shares sold at each price within the reported range, the filer has agreed to provide that breakdown to the company, shareholders, or the SEC staff upon request.