QuantumScape CEO Sivaram Srinivasan Transfers Shares to Trust for Estate Planning
This Form 4 filing reports that Sivaram Srinivasan, CEO and Director of QuantumScape Corp, transferred 212,075 shares of Class A Common Stock to trusts for estate planning purposes on April 30, 2026. The transaction was coded as a gift (Code G) with a $0.00 price per share. Following this transfer, Srinivasan directly owns 5,227,385 shares, which includes 4,570,384 shares represented by restricted stock units and performance restricted stock units. Additionally, he indirectly owns 360,000 shares through trusts where he serves as Co-Trustee and his family members are beneficiaries. The filing was signed by attorney-in-fact Michael O McCarthy III on May 1, 2026. This transaction represents a routine estate planning transfer by the company's chief executive officer.