July 25, 2025 · Form 4 insider transaction
MCCARTHY MICHAEL O III sold 500,000 shares of QuantumScape Corporation at $11.60 per share, a transaction worth $5.80M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 4 days after the transaction.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.50 to $11.795, 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.; Includes 1,287,596 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.