Holme Timothy 4

What Happened
Timothy Holme, Chief Technology Officer of QuantumScape, sold a total of 161,331 shares on March 5, 2026. The transaction reflects conversions of derivative securities into common stock (127,077 and 34,254 shares) at $0.00, followed by open-market sales of those shares at a weighted average price of $6.86. Proceeds reported from the two sales were $872,333 and $235,140, respectively, for total proceeds of $1,107,473. These sales were executed under a Rule 10b5-1 trading plan.

Key Details

• Transaction date: March 5, 2026; Form filed March 6, 2026 (timely filing).
• Sales: 127,077 shares and 34,254 shares sold; weighted average price $6.86; reported price range $6.715–$6.965 (sold in multiple transactions).
• Total proceeds: $1,107,473.
• Derivative activity: Conversions of derivative securities (reported at $0.00) preceded the sales.
• Notable footnotes: F1 — sales executed pursuant to a 10b5-1 plan adopted June 5, 2025. F2 — weighted-average price with range and offer to provide per-price breakdown. F3 — filing notes holdings include 978,348 RSUs/PSUs; F4 — Class B shares are convertable 1:1 to Class A.
• Shares owned after transaction: The Form 4 excerpt provided does not state total post-transaction holdings; footnotes indicate substantial RSU/PSU and convertible Class B interests.

Context
The filing shows derivative securities were converted to shares and those shares were sold the same day — commonly seen when restricted awards vest or when convertible holdings are converted before sale. The transactions were carried out under a pre-established 10b5-1 plan, which typically schedules trades in advance and is intended to avoid questions about trading on inside information. Sales are routine insider activity and do not, by themselves, prove management sentiment about the stock.