The filing shows Holme sold the shares at a weighted‑average price of $5.09 per share, with the market close price on the day of the sale recorded at $5.05.
The disposal was executed through a Rule 10b5‑1 trading plan that Holme established on June 10, 2026, a pre‑arranged schedule designed to remove discretion from insider trading decisions.
After the sale, Holme’s direct holding in QuantumScape stands at 1,583,075 shares, including 1,522,261 Class A shares tied to restricted stock units and performance‑restricted stock units that remain subject to future service and performance milestones, reflecting a reduction of about 75,000 shares from his pre‑sale position.
Holme also controls approximately 2.5 million Class B shares held indirectly in trusts; those shares are convertible on a one‑to‑one basis into Class A stock at any time, preserving a substantial equity stake.
The transaction occurred as QuantumScape’s stock was trading near its 52‑week low of $4.77, having posted a 12‑month return of –51 % at the time of the sale, underscoring the steep decline in share value since the start of the year.
QuantumScape, a San Jose‑based developer of solid‑state lithium‑metal batteries for electric vehicles, remains pre‑revenue and reported a net loss of $98.2 million for the second quarter, fueling investor concerns about the company’s need for additional financing to bring its technology to market.
Analysts note that while the sale was not a market‑timed decision, Holme’s continued ownership of both Class A and convertible Class B shares keeps his interests aligned with those of other shareholders.