These sales are too small to convey a directional signal. The CTO's derivative conversions are routine non-cash events. Continue to monitor QS's next quarterly earnings and any production milestones for fundamental changes; this cluster does not warrant trading action.
Price Chart
Executive Summary
Two top executives at QuantumScape (CFO and CTO) sold small open-market positions totaling $321K over a one-week window. At a $4.5B market cap, these sales represent roughly 0.007% of the company – trivial in scale and likely driven by personal liquidity or tax planning rather than a bearish view on the business.
Key Financial Metrics
Key Facts
- CFO Kevin Hettrich sold 9,800 shares at ~$7.28 for $71K
- CTO Timothy Holme sold 137,245 shares (including conversion-related sells) at ~$7.28 for $1M total, but only $321K counted as open-market sales; the rest were non-cash derivative conversions
- Total open-market sales of $321K represent ~0.007% of QS's $4.5B market cap – well below the 0.1% materiality threshold
- No insider purchases were made during the cluster window
Financial Impact
De minimis – $321K in insider sales is negligible relative to $4.5B market cap
Risk Factors
- Insider selling, even if small, can accumulate over time – watch for accelerating patterns in future filings
- QuantumScape remains a pre-revenue growth story with execution risk on solid-state battery commercialization
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-QS-1783465275755 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 18, 2026 6w ago | 144 | $5.88 $5.17 | ▼ −12.07% | ▼ −10.12% | $4.62 (−21.39%) |
Aug 18, 2026 6w ago | 144 | $5.88 $5.17 | ▼ −12.07% | ▼ −10.12% | $4.62 (−21.39%) |
Jul 7, 2026 12w ago | Insider Cluster | $6.63 $5.52 | ▼ −16.74% | ▼ −20.01% | $4.62 (−30.28%) |
Jun 11, 2026 16w ago | 144 | $7.09 $6.58 | ▼ −7.19% | ▼ −8.97% | $4.62 (−34.81%) |
May 22, 2026 18w ago | Insider Cluster | $8.71 $7.11 | ▼ −18.43% | ▼ −16.48% | $4.62 (−46.93%) |
May 19, 2026 19w ago | 144 | $7.30 $6.90 | ▼ −5.48% | ▼ −6.46% | $4.62 (−36.68%) |
May 19, 2026 19w ago | 144 | $7.30 $6.90 | ▼ −5.48% | ▼ −6.46% | $4.62 (−36.68%) |
May 12, 2026 20w ago | 144 | $8.66 $7.23 | ▼ −16.51% | ▼ −15.90% | $4.62 (−46.63%) |
May 6, 2026 21w ago | Insider Cluster | $7.95 $8.76 | ▲ +10.19% | ▲ +7.41% | $4.62 (−41.86%) |
Apr 22, 2026 23w ago | 8-K | $7.41 $7.67 | ▲ +3.51% | ▼ −1.13% | $4.62 (−37.62%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access