=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-02-24
10b5-1 Pre-arranged Plan: No
--- 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: 2026-02-24 | Code: A (Grant or award)
Shares: +42,321 | Price: $0.00
Shares Owned After: 1,130,549 | Ownership: D (Direct)
Footnotes:
[F1] The Issuer granted restricted stock units ("RSUs") to all eligible employees, including the Reporting Person, as a final bonus payout under the Issuer's 2025 Annual Bonus Plan. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. 100% of the RSUs vest on the award grant date.
[Transaction #2]
Security: Class A Common Stock
Date: 2026-02-25 | Code: F (Payment of exercise/tax)
Shares: -22,367 | Price: $7.05
Total Value: $157,660.51
Shares Owned After: 1,108,182 | Ownership: D (Direct)
Footnotes:
[F2] Represents a sale to cover tax obligations on the RSUs.
[F3] The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.98 to $7.16, 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.
[F4] Includes 978,348 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.
--- Footnotes (Complete Index) ---
F1: The Issuer granted restricted stock units ("RSUs") to all eligible employees, including the Reporting Person, as a final bonus payout under the Issuer's 2025 Annual Bonus Plan. Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock of the Issuer. 100% of the RSUs vest on the award grant date.
F2: Represents a sale to cover tax obligations on the RSUs.
F3: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.98 to $7.16, 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.
F4: Includes 978,348 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.
--- Signature ---
/s/ /s /Michael O McCarthy III, attorney-in-fact (2026-02-25)
