Saluja Dipender 4

What Happened
Dipender Saluja, a member of QuantumScape’s board of directors, was granted 24,183 restricted stock units (RSUs) on June 3, 2026 as an annual outside-director award. The RSUs were awarded at $0.00 (no cash purchase) and each RSU represents the right to one share of Class A common stock upon vesting. 100% of the RSUs vest on the earlier of the one‑year anniversary of the June 3, 2026 annual meeting or the day before the next annual meeting, subject to continued service.

Key Details

• Transaction date: 2026-06-03 (reported on Form 4 filed 2026-06-05). Transaction code: A (award/grant).
• Amount: 24,183 RSUs; Price: $0.00 (award). Each RSU converts 1:1 to one share upon vesting.
• Vesting: 100% vesting on earlier of one-year anniversary of the June 3, 2026 annual meeting or day before next annual meeting, contingent on continued service.
• Shares owned after transaction: the filing includes these 24,183 RSUs in reported holdings; the Form 4 does not list a separate total "after" share count beyond including these RSUs.
• Ownership note: shares are held by Capricorn‑Libra Investment Group, LP (Saluja is managing director); he disclaims beneficial ownership except to the extent of his pecuniary interest. (See footnotes F1–F3.)
• Timeliness: Filed June 5, 2026 for a June 3 transaction — appears timely (Form 4 due within two business days).

Context
Director RSU grants are routine compensation and do not represent an open‑market purchase or sale by the insider. These awards are commonly used to align directors’ interests with shareholders; they should be viewed as compensation rather than a direct bullish or bearish trading signal.