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CTO Sells QuantumScape Shares Under Trading Plan
27 Aug
Summary
- CTO Timothy Holme sold 12,723 QuantumScape shares on August 21, 2026.
- The sale was executed under a pre-established Rule 10b5-1 trading plan.
- The executive retains substantial indirect derivative security holdings.
Timothy Holme, Chief Technology Officer at QuantumScape Corporation, sold 12,723 shares of Class A Common Stock on August 21, 2026. This disposition was executed under a Rule 10b5-1 trading plan, initiated on June 5, 2025, designed to preemptively manage insider trading concerns.
Although Holme divested his direct Class A Common Stock holdings from the Holme 2020 Irrevocable Trust, he continues to hold approximately 1.2 million derivative securities indirectly within the same trust. This ensures his ongoing economic interest in QuantumScape's future success.
At the time of the August 21, 2026 transaction, the stock's weighted average sale price was $6.01. This sale occurred against a backdrop of a -24% one-year stock return as of that date. QuantumScape, a pre-revenue company, focuses on developing solid-state lithium-metal battery technology for electric vehicles, aiming for superior energy density and performance.
