QuantumScape’s Singh sells $3.8m in shares after option exercise

Mohit Singh, Chief Development Officer of QuantumScape Corp (NYSE:QS), sold 465,000 shares of Class A Common Stock on July 8, 2025, at a weighted average price of $8.2136, totaling $3,819,324. The transaction comes as QuantumScape’s stock has surged over 61% year-to-date, with the company now valued at approximately $5 billion. The prices for these shares sold in multiple transactions ranged from $8.17 to $8.275.

On the same day, Singh also exercised options to acquire a total of 465,000 shares of QuantumScape’s Class A Common Stock. These transactions involved two tranches of options: 158,082 shares were acquired at an exercise price of $1.3252, and 306,918 shares were acquired at an exercise price of $2.377, for a total value of $939,034. According to InvestingPro, the stock is currently trading near its 52-week high of $9.52, showing significant momentum with a 19% gain in the past week alone.

Following these transactions, Singh directly owns 1,641,711 shares of QuantumScape. The company maintains a "FAIR" overall financial health score according to InvestingPro, which offers comprehensive analysis and 14 additional key insights about QuantumScape’s current market position and future prospects through its detailed Pro Research Report.

The exercise and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2024.

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.17 to $8.275, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

Includes 1,437,698 shares represented by restricted stock units ("RSUs") and performance restricted stock units ("PSUs"). Each RSU/PSU represents the Reporting Person’s right to receive one share of Class A Common Stock of the Issuer. The RSUs vest each quarter and the PSUs vest upon achievement of certain performance milestones, in both cases subject to the Reporting Person’s continued service as of each vesting date.

In other recent news, QuantumScape Corporation has successfully integrated its Cobra separator process into baseline cell production, marking a significant advancement in its manufacturing capabilities. The Cobra platform offers approximately 25 times faster heat treatment speed and requires less physical space compared to the previous Raptor process. This development is expected to enhance production speed, efficiency, and scalability, paving the way for higher-volume B1 sample production. Meanwhile, QuantumScape announced it will terminate its San Jose lease early, incurring $2.3 million in termination fees but relieving the company of about $18.7 million in future lease payments. In another development, William Blair maintained its Market Perform rating on QuantumScape, noting that the recent stock surge was anticipated due to known milestones. Additionally, QuantumScape held its 2025 Annual Meeting of Stockholders, where key proposals were approved, including the election of ten directors and the appointment of Ernst & Young LLP as the independent registered public accounting firm. Shareholders also approved the compensation of the company’s named executive officers on a non-binding advisory basis. These developments reflect QuantumScape’s ongoing efforts to enhance its operational and governance frameworks.

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