QuantumScape (QS) CTO Timothy Holme Sells Shares

What Happened Timothy Holme, Chief Technology Officer of QuantumScape (QS), executed multiple transactions on 2026-09-15 that resulted in open-market sales of 120,000 shares for total proceeds of approximately $610,524 (weighted average price $5.09). The filing also reports several conversions of derivative securities into shares (reported at $0.00), with conversion entries in 22,500-share blocks.

Key Details

• Transaction date: 2026-09-15; Form 4 filed 2026-09-17.
• Open-market sales: 75,000 shares ($381,578) + 22,500 shares ($114,473) + 22,500 shares ($114,473) = 120,000 shares, total ~$610,524; weighted avg price $5.09; sale prices ranged $4.985–$5.255 (F2).
• Derivative activity: multiple conversions of derivative securities reported in 22,500-share increments at $0.00 (see F3 and F5 for types of holdings).
• Plan/authorization: Sales were made pursuant to a Rule 10b5-1 trading plan adopted June 10, 2026 (F1).
• Holdings note: Filing references 1,522,261 shares represented by RSUs/PSUs (vest subject to service/performance) (F3). The exact number of shares owned after these transactions is not specified in the excerpt provided.
• Other notes: Reporting person is co-trustor of certain trusts (F4). Class B shares are convertible 1:1 into Class A (F5).

Context

• These were sales (not purchases), often considered routine when executed under pre-established 10b5-1 plans; such sales do not necessarily reflect current views of the insider.
• The filing shows conversions of derivative securities into common stock (reported at $0.00); some converted shares appear to have been sold.
• No late-filing flag was provided in the excerpt; the Form 4 was filed two days after the reported transactions.