Prinz Fritz

Director Prinz Fritz sells 1,000,000 shares at $15.49 average for $15.5M in 8 transactions at QS

Prinz Fritz, a director at QuantumScape, executed 8 separate sales totaling 1,000,000 shares (1.00M shares) for $15,486,490.27 ($15.5M) on 2025-10-24 at a blended average price of $15.49. The filing contains a derivative-conversion transaction, meaning the 0 shares post-transaction reflects Table I holdings only and does not represent the insider's complete position (derivative securities in Table II are not yet populated). At QS specifically, Fritz's prior five trades show a 0% well-timed rate at the 90-day mark, with the most recent sales on 2025-07-25 followed by -29.8% 30-day returns and +26.2% 90-day returns. The company reported negative net income of $-105,824,000 over its most recent full fiscal year, making profitability a material concern despite a current market cap of $1,488,064,658.14 ($1.5B). The stock has rallied +23.1% over 30 days and +77.6% over 90 days but remains -12.7% from its 52-week high of $17.85.

Director Prinz Fritz sold 1,000,000 shares at $11.62 for $11,617,500.00 on 2025-07-25

Director Prinz Fritz executed 4 separate sales totaling 1,000,000 shares for $11,617,500.00 on 2025-07-25, reducing his position by -86.1% from the pre-transaction level of 1,161,343 shares. This is a material reduction of a substantial holding within days of his prior sales on 2025-07-03 (outcome not yet measurable at the 30-day and 90-day marks). The company remains unprofitable with a net income of $-114,698,000.00, and the stock has appreciated 111.1% over 30 days and 203.8% over 90 days from prior lows, creating a backdrop of strong recent price momentum. However, the filing FLAG indicates this involves a conversion of derivative securities; the insider's full position extends beyond the 161,343 shares shown in Table I, and Table II derivatives are not yet populated in the database, meaning the apparent 86.1% reduction does not reflect the complete holdings picture. Investors should await full Form 4 data to assess the true residual stake.

Director Prinz Fritz sold 864,708 shares of QS (91.4% of holdings) for $6,072,325.46 on 2025-07-03.

Prinz Fritz executed 3 separate sales totaling 864,708 shares for $6,072,325.46 at $7.02 per share, reducing his stake from 946,072 shares to 81,364 shares—a 91.4% reduction in holdings. The sale occurred within QuantumScape's challenging context: the company posted a net loss of $114,423,000 over its most recent full fiscal year and trades at $8.18 currently, having reached $9.14 in its 52-week range. The substantial and concentrated liquidation of a director's position warrants attention to whether this reflects personal liquidity needs, confidence levels in the company's trajectory, or other material considerations that investors should understand.