QS QuantumScape Corp
Price Chart
Executive Summary
QuantumScape's CFO and CTO executed open-market sales totaling $844K over two days, with the CTO also converting derivatives (non-cash). The CFO and CEO also surrendered shares for tax withholding on May 18. Total open-market sales represent ~0.016% of market cap — trivial in size. The CTO's sales follow derivative conversions and are likely liquidity-driven, not a bearish signal.
Key Financial Metrics
Actionable Insight
Insider selling is trivial relative to market cap and follows derivative conversions — no bearish signal. Monitor for any material news (earnings, partnership, or capital raise) that could explain the CTO's large derivative exercise, but the cluster itself is routine.
Key Facts
- CFO Hettrich sold 9,800 shares for ~$79K on May 21.
- CTO Holme sold 92,972 shares for ~$765K on May 21, following derivative conversions of 92,972 shares at $0.
- CTO Holme also sold 150,183 shares for ~$1.13M on May 20, following derivative conversions of 127,077 shares at $0.
- Total open-market sales: $844K (CFO $79K + CTO $765K).
- Tax-withholding share surrenders on May 18: CFO (30,535 shares), CTO (31,322), CLO (24,211), COO (108,065), CDO (31,913), CEO (67,369) — all non-cash events.
- Total cluster value including tax withholding: ~$3.9M, but only $844K is open-market selling.
- Open-market sales are ~0.016% of $5.2B market cap — well below 0.1% threshold for materiality.
- CTO's sales follow derivative conversions, consistent with option exercise-and-sell for diversification/liquidity.
Financial Impact
Open-market sales of $844K represent 0.016% of market cap — immaterial.
Risk Factors
- CTO's large derivative exercise and sale could precede a secondary offering or negative catalyst, though no such filing is present.
- Pre-revenue battery company faces high cash burn risk — insider sales, even small, may signal concern about valuation.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-QS-1779491541113 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 22, 2026
18d ago
|
Insider Cluster
| $8.71 $9.14 | ▲ +4.94% | ▲ +3.85% | $7.66 (−12.06%) |
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May 19, 2026
22d ago
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144
| $7.30 $9.11 | ▲ +24.79% | ▲ +22.50% | $7.66 (+4.93%) |
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May 19, 2026
22d ago
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144
| $7.30 $9.11 | ▲ +24.79% | ▲ +22.50% | $7.66 (+4.93%) |
|
May 12, 2026
28d ago
|
144
| $8.66 $7.30 | ▼ −15.70% | ▼ −14.55% | $7.66 (−11.55%) |
|
May 6, 2026
5w ago
|
Insider Cluster
| $7.95 $8.66 | ▲ +8.93% | ▲ +7.76% | $7.66 (−3.65%) |
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Apr 22, 2026
6w ago
|
8-K
| $7.41 $6.84 | ▼ −7.69% | ▼ −9.17% | $7.66 (+3.37%) |
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Apr 22, 2026
6w ago
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Press Release
| $7.41 $6.84 | ▲ +7.69% | ▲ +9.17% | $7.66 (−3.37%) |
|
Apr 8, 2026
8w ago
|
Press Release
| $6.18 $7.04 | ▲ +13.92% | ▲ +10.73% | $7.66 (+23.95%) |
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Mar 6, 2026
13w ago
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Insider Cluster
| $6.69 $6.73 | ▲ +0.60% | ▲ +2.13% | $7.66 (+14.50%) |
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Mar 5, 2026
13w ago
|
8-K
| $6.92 $6.90 | ▼ −0.29% | ▲ +1.95% | $7.66 (+10.69%) |
US Market Status
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