=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-05-18
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: QuantumScape Corp (QS)
CIK: 0001811414
--- Reporting Owner ---
Name: Holme Timothy
CIK: 0001834249
Role: Officer (CHIEF TECHNOLOGY OFFICER)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A Common Stock
Date: 2026-05-18 | Code: F (Payment of exercise/tax)
Shares: -31,322 | Price: $7.37
Total Value: $230,908.92
Shares Owned After: 1,735,612 | Ownership: D (Direct)
Footnotes:
[F1] Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs").
[F2] The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.21 to $8.01, 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.
[Transaction #2]
Security: Class A Common Stock
Date: 2026-05-20 | Code: C (Conversion of derivative)
Shares: +127,077 | Price: $0.00
Shares Owned After: 1,862,689 | Ownership: D (Direct)
[Transaction #3]
Security: Class A Common Stock
Date: 2026-05-20 | Code: S (Open market sale)
Shares: -150,183 | Price: $7.50
Total Value: $1,126,702.90
Shares Owned After: 1,712,506 | Ownership: D (Direct)
Footnotes:
[F3] The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 5, 2025.
[F4] The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.16 to $7.675, 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.
[F5] Includes 1,582,672 shares represented by 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.
[Transaction #4]
Security: Class A Common Stock
Date: 2026-05-20 | Code: C (Conversion of derivative)
Shares: +34,254 | Price: $0.00
Shares Owned After: 34,254 | Ownership: I (Indirect) | Nature: By: The Holme 2020 Irrevocable Trust
[Transaction #5]
Security: Class A Common Stock
Date: 2026-05-20 | Code: S (Open market sale)
Shares: -34,254 | Price: $7.50
Total Value: $256,983.78
Shares Owned After: 0 | Ownership: I (Indirect) | Nature: By: The Holme 2020 Irrevocable Trust
Footnotes:
[F3] The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 5, 2025.
[F4] The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.16 to $7.675, 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.
--- Derivative Transactions ---
[Transaction #1]
Security: Class B Common Stock
Date: 2026-05-20 | Code: C (Conversion of derivative)
Shares: -127,077 | Price: $0.00
Shares Owned After: 7,352,830 | Ownership: D (Direct)
Footnotes:
[F6] Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the Reporting Person's election and has no expiration date.
[F6] Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the Reporting Person's election and has no expiration date.
[F6] Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the Reporting Person's election and has no expiration date.
[Transaction #2]
Security: Class B Common Stock
Date: 2026-05-20 | Code: C (Conversion of derivative)
Shares: -34,254 | Price: $0.00
Shares Owned After: 1,346,925 | Ownership: I (Indirect) | Nature: By: The Holme 2020 Irrevocable Trust
Footnotes:
[F6] Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the Reporting Person's election and has no expiration date.
[F6] Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the Reporting Person's election and has no expiration date.
[F6] Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the Reporting Person's election and has no expiration date.
--- Footnotes (Complete Index) ---
F1: Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs").
F2: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.21 to $8.01, 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: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 5, 2025.
F4: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.16 to $7.675, 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.
F5: Includes 1,582,672 shares represented by 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.
F6: Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the Reporting Person's election and has no expiration date.
--- Signature ---
/s/ /s /Michael O McCarthy III, attorney-in-fact (2026-05-20)
