NewsHK
The pre-revenue phase of the solid-state battery cycle keeps drawing scrutiny from investors parsing every Form 4 for signals about executive conviction. Against that backdrop, Michael O.
McCarthy III, chief legal officer of QuantumScape Corporation (NASDAQ: QS), filed an SEC Form 4 showing the sale of 25,709 shares of Class A Common Stock on August 18, at a weighted average price of $5.74 per share, for total proceeds of $147,570.
The sale was mechanical, not discretionary.
McCarthy disposed of the shares solely to cover tax obligations triggered by the vesting of restricted stock units, a standard arrangement that carries no read-through to his view of the equity.
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