CEO Sivaram Srinivasan sells 120,000 QS shares (25% of holdings) at $16.61–$17.05; stock now down 12.7% from 52-week high despite 77.6% 90-day surge.
Sivaram Srinivasan executed 2 separate sales totaling 120,000 shares for $2,033,067.00, reducing his stake from 480,000 to 360,000 shares (a 25% reduction). The sales occurred at $16.61 and $17.05, near the 52-week high of $17.85, amid a volatile 90-day period in which the stock gained 77.6%. QuantumScape remains unprofitable with net income of $-105,824,000.00 over its most recent fiscal year. The timing of this CEO liquidation at elevated prices—near the 52-week peak and following a steep recovery—warrants scrutiny given the company's ongoing losses and the scale of the position reduction, which removes substantial leadership capital commitment.