Holme Timothy 4

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.