Fed Governor Adriana Kugler to resign
QuantumScape (NASDAQ:QS) Chief Legal Officer Michael O. McCarthy III sold 500,000 shares of Class A Common Stock on July 25, 2025, for approximately $5.8 million. The sales were executed at prices ranging from $11.50 to $11.795. The stock, which InvestingPro data shows has experienced high volatility with a beta of 4.42, has since declined to $9.28, representing a 32.75% drop over the past week.
The same day, McCarthy also exercised stock options to acquire 300,000 shares of QuantumScape Class A Common Stock at a price of $2.377, for a total value of $713,099.
Following these transactions, McCarthy directly owns 1,467,183 shares of QuantumScape. This includes 1,287,596 shares represented by restricted stock units and performance restricted stock units.
In other recent news, QuantumScape Corp reported its second-quarter 2025 earnings, which slightly exceeded analyst expectations. The company announced an earnings per share (EPS) of -$0.20, compared to the forecasted -$0.21. Despite this slight beat, the broader financial results and future guidance influenced investor reactions. The company’s stock experienced a decline in after-hours trading following the announcement. These developments come as part of QuantumScape’s ongoing efforts to meet market expectations. Investors continue to closely monitor the company’s financial health and strategic direction. The recent earnings report provides insights into QuantumScape’s current financial standing and market position.
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