Summary by Futu AI
Sebastian Schebera, a director and 10% owner of QuantumScape Corporation, filed an Initial Statement of Beneficial Ownership of Securities with the SEC on June 11, 2024. The Form 3 filing, which is a requirement under Section 16(a) of the Securities Exchange Act of 1934, indicates that Schebera does not beneficially own any non-derivative or derivative securities of the company. The form was filed individually by Schebera and was signed by attorney-in-fact Michael O. McCarthy, III on June 12, 2024. This filing is a standard procedure for directors and significant shareholders, providing transparency about their holdings in the company.