4Filed Aug 19, 8:00 PM ET
QuantumScape (QS) COO Luca Fasoli Sells 32,255 Shares
$QS · QuantumScape CorpResearch Summary
AI-generated summary of this SEC filing
QuantumScape (QS) COO Luca Fasoli Sells 32,255 Shares
What Happened
Fasoli Luca Giovanni (COO) sold 32,255 shares of QuantumScape on August 18, 2026, for a weighted average price of $5.74, generating proceeds of approximately $185,289. The filing indicates these shares were sold to cover tax obligations arising from the release/vesting of restricted stock units (RSUs) and performance restricted stock units (PSUs).
Key Details
- Transaction date: 2026-08-18 (Filed with the SEC on 2026-08-20 — timely within Form 4 reporting rules).
- Price: weighted average $5.74; sale prices ranged from $5.66 to $5.93 across multiple transactions.
- Shares sold: 32,255 (disposition code F — tax withholding/sale to cover).
- Reported holdings: filing notes 1,715,518 shares represented by RSUs and PSUs that vest quarterly or upon performance (subject to continued service). The filing excerpt does not state a consolidated total of all shares beneficially owned after the sale.
- Footnotes: F1 = sale to cover tax on RSU release; F2 = weighted average price and range with offer to provide per-price breakdown on request; F3 = details on RSU/PSU counts and vesting terms.
Context
Code F transactions are routine tax-withholding sales tied to equity vesting (often a cashless or “sell-to-cover” event) and do not by themselves signal an insider’s view on company prospects. The PSUs and RSUs noted will convert to shares as they vest subject to performance and continued employment.