Hettrich Kevin 4
4 · QuantumScape Corp · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
QuantumScape (QS) CFO Kevin Hettrich Sells 9,800 Shares
What Happened Kevin Hettrich, Chief Financial Officer of QuantumScape (QS), sold 9,800 shares in an open-market transaction on March 11, 2026. The shares were sold at a weighted-average price of $6.95, for aggregate proceeds of approximately $68,127. This was a sale (not a purchase), which for insiders is often routine cashing of holdings rather than an explicit signal about the company.
Key Details
- Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (within the typical two-business-day filing window).
- Sale details: 9,800 shares sold; weighted-average price $6.95; total proceeds ≈ $68,127.
- Price range: sales occurred at individual prices from $6.855 to $7.075 (reporting person can provide per-price breakdown on request).
- Plan: The transactions were effected under a Rule 10b5-1 trading plan adopted June 11, 2025.
- Holdings note: Filing discloses that reported beneficial ownership includes 893,176 shares represented by RSUs and PSUs (each RSU/PSU converts to one share; RSUs vest quarterly and PSUs vest on performance milestones). The total post-sale beneficial ownership amount was not provided in the summary data here.
- Transaction type code: S (sale / open-market).
Context
- The sale was made under a pre-arranged 10b5-1 plan, which generally schedules trades in advance and can indicate routine, non-discretionary selling.
- No options were exercised in this reported transaction and there was no indication of gifts or tax-withholding-related transfers.
Insider Transaction Report
Form 4
Hettrich Kevin
CHIEF FINANCIAL OFFICER
Transactions
- Sale
Class A Common Stock
[F1][F2][F3]2026-03-11$6.95/sh−9,800$68,127→ 1,367,718 total
Footnotes (3)
- [F1]The exercise and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2025.
- [F2]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.855 to $7.075, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- [F3]Includes 893,176 shares represented by restricted stock units ("RSUs") and performance restricted stock units ("PSUs"). Each RSU/PSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. The RSUs vest each quarter and the PSUs vest upon achievement of certain performance milestones, in both cases subject to the Reporting Person's continued service as of each vesting date.
Signature
/s /Michael O McCarthy III, attorney-in-fact|2026-03-13