Timothy Holme, Chief Technology Officer of QuantumScape Corp (), sold a total of 118,417 shares of the company’s Class A Common Stock on May 21, 2026, for a total value of $974,861. The sale comes as the stock trades at $8.20, reflecting a remarkable 107% gain over the past year, though shares have declined 29% in the last six months.
The sales were executed in multiple transactions at prices ranging from $7.955 to $8.485 per share. These transactions included 92,972 shares held directly by Holme, and an additional 25,445 shares held indirectly through The Holme 2020 Irrevocable Trust. The sales were conducted under a Rule 10b5-1 trading plan, which Holme adopted on June 5, 2025.According to InvestingPro analysis, QuantumScape currently appears overvalued based on its Fair Value assessment. An InvestingPro Tip notes that stock price movements are quite volatile, which aligns with the company’s high beta of 2.58. The platform offers 11 additional ProTips for QS investors seeking deeper insights into the company’s prospects.
Preceding these sales, Holme converted an equivalent number of Class B Common Stock shares into Class A Common Stock. Specifically, 92,972 shares of Class B Common Stock held directly and 25,445 shares of Class B Common Stock held indirectly by The Holme 2020 Irrevocable Trust were converted into Class A shares. Each share of Class B Common Stock is convertible into Class A Common Stock on a one-to-one basis at the reporting person’s election and has no expiration date.
Following these transactions, Timothy Holme directly holds 1,712,506 shares of QuantumScape Class A Common Stock. This figure includes 1,582,672 shares represented by restricted stock units (RSUs) and performance restricted stock units (PSUs), which vest over time or upon achievement of certain performance milestones, subject to continued service. The Holme 2020 Irrevocable Trust no longer holds Class A Common Stock after the reported sales. Holme also continues to hold 7,259,858 shares of Class B Common Stock directly and 1,321,480 shares indirectly through The Holme 2020 Irrevocable Trust.For investors seeking comprehensive analysis of QuantumScape, InvestingPro offers a detailed Pro Research Report, part of its coverage of over 1,400 US equities, transforming complex Wall Street data into clear, actionable intelligence.
In other recent news, QuantumScape Corporation reported its Q1 2026 earnings, exceeding analysts’ expectations. The company posted an earnings per share (EPS) of -0.16, which was better than the anticipated -0.18, marking an 11.11% improvement over the forecast. This development highlights QuantumScape’s performance amidst ongoing industry challenges. The company’s earnings results have garnered attention from investors and analysts alike. These recent developments underscore the company’s ability to navigate its financial landscape effectively. QuantumScape’s results reflect a positive response from the market, as indicated by aftermarket trading activity.
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