Holme Timothy 4

What Happened
Timothy Holme, Chief Technology Officer of QuantumScape, converted derivative securities into common stock and sold a total of 190,935 shares on June 2, 2026. The open-market sales generated aggregate proceeds of $1,774,898 (reported as $1,397,345 for 150,320 shares and $377,553 for 40,615 shares). The sales were reported at a weighted average price of $9.30 per share (individual sale prices ranged from $9.06 to $9.635).

Key Details

• Transaction date: June 2, 2026. Form filed June 4, 2026 (timely filing).
• Sales: 150,320 shares for $1,397,345 and 40,615 shares for $377,553; total 190,935 shares sold for $1,774,898. Reported weighted average price: ~$9.30. Price range: $9.06–$9.635 (per footnote).
• Conversion entries: The filing shows conversions of derivative securities into shares (acquired at $0) that correspond to the shares sold. For clarity, conversions are recorded at $0 in the Form 4.
• Plan: Sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Holme on June 5, 2025 (footnote F1).
• Holdings note: The filing references 1,582,672 shares represented by RSUs and PSUs (each convertible to one share) and notes that Class B shares are convertible 1:1 to Class A (footnotes F3–F4).
• Filing timeliness: No late filing flag; Form 4 was filed two days after the transactions.

Context
This was a sale of shares (not a purchase). The sales followed conversions of derivative holdings into common stock and were carried out under a pre-established 10b5-1 plan, which is commonly used to avoid questions about trading on insider information. The filing does not include a complete post-transaction beneficial ownership total in the excerpt provided; consult the full Form 4 for Holme’s total holdings and vesting schedules for RSUs/PSUs.