QuantumScape Co-Founder Sold Shares of Stock
Timothy Holme liquidated his Class A common stock holdings as part of a pre-arranged trading plan.
Updated on Sept. 18, 2026 in Quantum Computing
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QuantumScape co-founder and Chief Technology Officer Timothy Holme sold 120,000 shares of Class A Common Stock on September 15, 2026. The transaction was valued at $610,800 and completed under a Rule 10b5-1 trading plan.
Why it matters
The divestment represents the complete liquidation of Holme's Class A shares in the San Jose-based company. The sale follows a second quarter in which QuantumScape reported a net loss of $98.2 million.
Holme sold his stake at a weighted average price of $5.09 per share, slightly above the $5.05 market close on the day of the trade. Post-transaction, he retains 1,583,075 direct shares and 2.5 million derivative securities.
The players
Timothy Holme
He serves as the co-founder and Chief Technology Officer at QuantumScape Corporation.
QuantumScape Corporation
This San Jose-based company is a developer of solid-state lithium-metal batteries for electric vehicles.
The details
The transaction was executed via a Rule 10b5-1 trading plan that was initially established on June 10, 2026. While he liquidated his Class A position, Holme maintains significant indirect holdings in Class B common stock.
Timeline
June 10, 2026: The Rule 10b5-1 trading plan was established.
Q2 2026: QuantumScape recorded a net loss of $98.2 million.
September 15, 2026: Timothy Holme sold 120,000 shares of stock.
The Tech Race
This transaction follows the established regulatory pattern set by Rule 10b5-1 to allow corporate insiders to trade shares while avoiding allegations of illegal trading based on non-public information. Such plans are essential for executives at high-growth firms to manage personal liquidity amid high stock volatility.
The liquidation of specific share classes by executives provides transparency to shareholders regarding insider financial moves. Users and investors should note that such sales, when conducted via pre-arranged plans, are standard procedures and do not typically signal an immediate change in company product capability.
The takeaway
Executives frequently use pre-arranged trading plans to manage their portfolios without needing to time the market manually. Investors should monitor corporate filings to distinguish between scheduled divestments and active shifts in leadership confidence.
Further reading
For more on the developments at the company, visit the Quantum Computing section.
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