QuantumScape CTO Timothy Holme Sells Entire Trust's Class A Shares Worth $610,800
Timothy Holme, co-founder and Chief Technology Officer of QuantumScape Corporation (NASDAQ:QS), sold approximately 120,000 shares of the company’s Class A Common Stock on September 15, 2026. The transaction was valued at $610,800 based on a weighted average sale price of $5.09 per share and executed under a Rule 10b5-1 trading plan established in June 2026. The stock had declined by over 51% year-to-date as of the transaction date, reflecting ongoing challenges for QuantumScape amid its pre-revenue status and heavy losses. Holme’s direct holdings were reduced to around 1.58 million shares post-transaction, while his indirect Class A shareholding was fully liquidated. He still holds approximately 2.5 million derivative securities in the form of convertible Class B Common Stock. QuantumScape remains focused on developing solid-state lithium-metal batteries for electric vehicles and industrial applications but continues to report significant net losses.
Tickers: $QS