Summary by Moomoo AI
Jeffrey B. Straubel, a Director at QuantumScape Corporation, is set to sell 69,309 shares of Class A Common Stock on 02/05/2024, as per the latest filing. The shares, valued at approximately $468,528.84, were originally acquired as compensation through stock options on 12/11/2019. The transaction on the said date will be executed as a cashless exercise/same-day sale, which is a part of the compensation agreement. This sale follows a pattern of recent transactions by Straubel, who has sold a total of 207,927 shares in the past three months, amounting to gross proceeds of $1,427,980.25. The planned sale is in line with a pre-arranged trading plan adopted on 05/15/2023.