Fasoli Luca Giovanni 4

What Happened
Fasoli Luca Giovanni (COO) sold 108,065 shares of QuantumScape on May 18, 2026 to satisfy tax withholding obligations related to the release of restricted stock units (RSUs) and performance RSUs (PSUs). The weighted-average sale price reported was $7.37 per share, generating proceeds of approximately $796,666. The trades executed at prices ranging from $7.21 to $8.01.

Key Details

• Transaction date: May 18, 2026 (filed on Form 4 on May 20, 2026) — timely (within the standard 2 business-day window).
• Shares sold/disposed: 108,065 shares.
• Price: weighted average $7.37; trade range $7.21–$8.01.
• Proceeds: ~$796,666.
• Transaction code: F — sale to cover tax obligations on RSU/PSU vesting (commonly a "sell-to-cover").
• Footnote: Filing indicates 1,772,688 shares are represented by RSUs and PSUs; RSUs vest quarterly and PSUs vest on achievement of performance milestones, subject to continued service.
• Shares owned after transaction: not explicitly stated on the Form 4.

Context
This was a routine sell-to-cover to meet tax withholding when equity awards vest, not a cash purchase or exercise-for-investment signal. Such disposals are common for executives receiving RSUs/PSUs and do not necessarily reflect a change in the insider’s view of the company.