Director Jeffrey Straubel reported the sale of 27,106 shares of QuantumScape Corp (NASDAQ: QS) on February 19, 2026, according to a Form 4 filed with the Securities and Exchange Commission. The shares moved at a weighted average price of $7.1003, for total proceeds of $192,460.
Trade prices for the block ranged from $6.995 to $7.205. At the time of the report the company’s stock had declined 11% over the prior week and was trading at $6.87.
Following this transaction, Straubel retains direct ownership of 212,616 shares, which includes 48,192 shares represented by restricted stock units. The sale was carried out under a Rule 10b5-1 trading plan that Straubel adopted on June 13, 2025.
These insider moves arrive as the company published its fourth-quarter 2025 results. QuantumScape reported earnings per share of -$0.17 for Q4 2025, a figure that the company said aligned with analysts’ expectations. The firm did not provide a revenue forecast for the quarter.
Analyst reactions have been mixed. HSBC moved its rating to Hold from Reduce, citing that the company met its 2025 targets, which the bank specifically noted included progress integrating Cobra into cell production and expanding commercial agreements. HSBC also set a revised price target of $8.30, down from $10.50.
At the same time, TD Cowen lowered its price target to $8 from $16 while maintaining a Hold rating. That change reflected TD Cowen’s view that anticipated challenges in the electric vehicle market are likely to delay production ramp-up.
The recent insider sale, the company’s reported EPS for Q4 2025, and the contrasting analyst updates together underscore divergent views about the company’s near-term trajectory. The record shows a Rule 10b5-1 plan in place for the director’s sale and confirms the current holdings and sale prices disclosed in the SEC filing.