QuantumScape (QS) CTO Timothy Holme Sells 12,723 Shares

What Happened Timothy Holme, Chief Technology Officer of QuantumScape (QS), converted 12,723 shares of a derivative (Class B common stock convertible 1:1 to Class A) and sold those 12,723 shares in the open market on August 21, 2026. The shares sold at a weighted-average price of $6.01, generating approximately $76,516. The conversions were reported at $0.00 per share (reflecting conversion of convertible Class B shares) and the sale was effected under a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date: August 21, 2026. Form 4 filed August 25, 2026 (timely within SEC reporting window).
• Sale: 12,723 shares sold at a weighted-average price of $6.01; total proceeds ≈ $76,516.
• Price range: shares were sold in multiple trades at prices ranging from $5.955 to $6.115 (weighted average reported).
• Conversion: 12,723 Class B shares were converted to Class A shares at $0.00 (Class B converts 1:1 to Class A and has no expiration).
• Plan: The sale was executed pursuant to a Rule 10b5-1 trading plan adopted June 5, 2025 (footnote F1).
• Shares owned after the transaction: not specified in the provided filing.

Context This transaction reflects a conversion of convertible Class B stock followed by an immediate open-market sale under a prearranged 10b5-1 plan. Sales under 10b5-1 plans are typically pre-scheduled and thus are often considered routine liquidity events rather than a real-time signal of the insider’s view on the company.