QuantumScape CFO Kevin Hettrich disposed of 31,095 shares of Class A Common Stock on August 18 in a non-discretionary sale-to-cover to satisfy tax withholding upon vesting of equity awards. The transaction was valued at $179,000 based on a weighted average sale price of $5.74, and Hettrich continues to hold 1.8 million shares directly plus restricted and performance stock units. QuantumScape reported a trailing twelve-month net loss of $405.0 million and reiterated full-year adjusted EBITDA loss guidance of $250 million to $275 million, while customer billings reached $21.8 million through midyear. The company ended the quarter with $859 million in liquidity to fund its Eagle Line ramp.
QuantumScape Corporation Class A Common StockCFO's share sale and reiterated loss guidance signal financial weakness.
