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QuantumScape | 4: Statement of changes in beneficial ownership of securities-Officer MCCARTHY MICHAEL O III

SEC announcement ·  Apr 10 08:01
Summary by Futu AI
QuantumScape Corp's Chief Legal Officer, Michael O. McCarthy III, was granted 531,840 shares of Class A Common Stock on April 5, 2024. The grant, which was reported as a direct acquisition with a transaction price of $0.00 per share, increased McCarthy's total direct holdings in the company to 1,243,596 shares. The transaction was completed as part of a stock grant, a common form of compensation for executives and key employees, which often aligns their interests with those of shareholders.
QuantumScape Corp's Chief Legal Officer, Michael O. McCarthy III, was granted 531,840 shares of Class A Common Stock on April 5, 2024. The grant, which was reported as a direct acquisition with a transaction price of $0.00 per share, increased McCarthy's total direct holdings in the company to 1,243,596 shares. The transaction was completed as part of a stock grant, a common form of compensation for executives and key employees, which often aligns their interests with those of shareholders.
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