Holme Timothy 4
4 · QuantumScape Corp · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
QuantumScape (QS) CTO Timothy Holme Sells 137,245 Shares
What Happened
Timothy Holme, Chief Technology Officer of QuantumScape (QS), converted derivative securities into Class A common stock and immediately sold the resulting shares in open-market trades on July 2, 2026. He sold a total of 137,245 shares (102,991 + 34,254) at a weighted-average price of $7.28, generating total proceeds of approximately $999,565. The conversions were recorded at $0.00 cost to Mr. Holme (i.e., no cash paid on conversion).
Key Details
- Transaction date: July 2, 2026. Form filed: July 7, 2026.
- Sales: 137,245 shares sold in open market; weighted-average price $7.28; total proceeds ≈ $999,565.
- Price range: shares were sold in multiple trades at prices ranging from $6.975 to $7.805 (per filing).
- The sales were effected under a Rule 10b5-1 trading plan adopted by Mr. Holme on June 5, 2025 (footnote F1).
- The filing notes conversions of derivative securities (C) into shares (reported at $0.00) and corresponding disposals; separate footnotes state RSUs/PSUs holdings and convertibility of Class B shares (F3, F4).
- Shares owned after the transaction are not specified in the excerpt provided; the filing notes Mr. Holme’s holdings include RSUs/PSUs (1,582,672 units referenced) and convertible Class B shares (see footnotes).
- Filing timing: the Form 4 was filed five days after the transactions. The typical Section 16 filing deadline is two business days after the transaction, so this filing appears to have been submitted after that window.
Context
- The entry type "C" indicates conversion of a derivative (e.g., conversion of restricted/performance units or convertible Class B shares) into common stock; those converted shares were then sold. Conversions reported at $0.00 indicate no cash purchase price on conversion.
- Sales done pursuant to a pre-established 10b5-1 plan are generally scheduled trades and do not necessarily indicate a change in insider sentiment.
- This summary is factual and based on the Form 4 data provided; it does not speculate about the insider’s motivations.
Insider Transaction Report
Form 4
Holme Timothy
CHIEF TECHNOLOGY OFFICER
Transactions
- Conversion
Class A Common Stock
2026-07-02+102,991→ 1,815,497 total - Sale
Class A Common Stock
[F1][F2][F3]2026-07-02$7.28/sh−102,991$750,083→ 1,712,506 total - Conversion
Class A Common Stock
2026-07-02+34,254→ 34,254 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F2]2026-07-02$7.28/sh−34,254$249,482→ 0 total(indirect: By Trust) - Conversion
Class B Common Stock
[F4]2026-07-02−102,991→ 7,006,547 total→ Class A Common Stock (102,991 underlying) - Conversion
Class B Common Stock
[F4]2026-07-02−34,254→ 1,246,611 total(indirect: By Trust)→ Class A Common Stock (34,254 underlying)
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 5, 2025.
- [F2]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.975 to $7.805, 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 1,582,672 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.
- [F4]Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the Reporting Person's election and has no expiration date.
Signature
/s /Michael O McCarthy III, attorney-in-fact|2026-07-07