Holme Timothy, chief technology officer at QS, has a selling bias in his Form 4 filings. Across 74 transactions, all in QuantumScape (QS), he has sold $25.87 million worth of stock and has zero open-market purchases. The recent trades cluster around the same pattern: sales paired with derivative conversions, which are mechanical steps that precede the sales.
The selling has been steady through mid-2026. On May 20 he sold $1.13 million, followed by $765,382 on May 21. June brought $1.40 million on June 2 and $377,552 the same day. July 2 had two sales totaling $999,565. August sales were smaller: $117,140 and $123,969 on August 19, then $76,516 on August 21. In each of those cases, the Form 4 also lists a conversion code "C" with a zero dollar value, meaning he converted derivative securities into stock that he then sold. The only exception in August is a tax withholding event on August 18, valued at $195,807, which is automatic and not a discretionary trade.
There is no acquisition side. He received two compensation grants on April 14, 2026, valued at zero, and the plan has no code "P" purchases at all. The entire $25.87 million total comes from sales. The last sale was August 21, 2026, for $76,516, which is the smallest of the recent set and continues a downward trend in dollar value per transaction from the May and June peaks. The pattern is consistent: he sells on a schedule tied to vesting and conversion events, and he has not bought a single share in the open market during the filing period.
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