SPOT shares listed for resale via Goldman Sachs broker

Goldman Sachs & Co. LLC filed a Form 144 notice reporting the intended sale of 10,872 shares of Common Stock of SPOT on the NYSE.

Rhea-AI Filing Summary

Goldman Sachs & Co. LLC filed a Form 144 notice reporting the intended sale of 10,872 shares of Common Stock of SPOT on the NYSE. The filing lists the shares as acquired as compensation (stock options) and notes the method as cashless exercise / same-day sale.

The excerpt also shows three past sales by Alex Ming Norstroem of 5,436 shares each on 04/01/2026, 05/05/2026, and 06/02/2026, with dollar proceeds recorded alongside each sale.

Insights

Securities Compliance Analyst

Form 144 reports a broker-facilitated resale of compensation-derived shares.

The filing lists 10,872 shares to be sold by Goldman Sachs & Co. LLC, described as securities "acquired as compensation -- Stock Options" and designated for cashless exercise / same-day sale. The listing of trade methods is consistent with broker-assisted dispositions of option proceeds.

Examples shown include three recent sales by an individual, each 5,436 shares on 04/01/2026, 05/05/2026, and 06/02/2026. Subsequent filings or settlement confirmations would show execution details and final proceeds.

Equity Markets Specialist

Resale via cashless exercise typically converts option value into market shares sold immediately.

The method stated—"cashless exercise / same-day sale"—indicates the economic event is an option exercise paired with an immediate disposition. The filing names the broker Goldman Sachs & Co. LLC and lists the exchange as NYSE.

Watch for subsequent transaction reports that confirm execution timing and exact proceeds; the excerpt records per-sale dollar amounts for the three prior sales by Alex Ming Norstroem.

Key Figures

Shares to be sold: 10,872 shares Sale method: cashless exercise / same-day sale Broker: Goldman Sachs & Co. LLC +4 more

7 metrics

Shares to be sold 10,872 shares listed in Securities To Be Sold line

Sale method cashless exercise / same-day sale described for the 10,872 shares

Broker Goldman Sachs & Co. LLC identified as selling broker on the form

Exchange NYSE exchange listed in the filing excerpt

Prior sale proceeds 04/01/2026 $2,606,629.41 proceeds for 5,436 shares sold on <date>04/01/2026</date>

Prior sale proceeds 05/05/2026 $2,354,191.89 proceeds for 5,436 shares sold on <date>05/05/2026</date>

Prior sale proceeds 06/02/2026 $2,708,585.94 proceeds for 5,436 shares sold on <date>06/02/2026</date>

Key Terms

Form 144, cashless exercise, same-day sale, acquired as compensation -- Stock Options

4 terms

Form 144 regulatory

"Filing line: "144: Securities To Be Sold""

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

cashless exercise financial

"Phrase: "Compensation -- Cashless exercise / same-day sale""

A cashless exercise is a way for an option holder to convert stock options into actual shares without paying the purchase price in cash; instead they immediately give up a portion of the newly issued shares to cover the cost and any withholding taxes. Investors care because this process increases the number of shares available and can slightly dilute existing holdings, while also signaling how insiders or employees are realizing compensation without needing cash — similar to paying for a purchase by handing over part of what you just bought.

same-day sale market

"Phrase: "Compensation -- Cashless exercise / same-day sale""

acquired as compensation -- Stock Options financial

"Line: "Acquired as compensation -- Stock Options""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 for SPOT filed by Goldman Sachs & Co. LLC report?

The Form 144 reports the intended sale of 10,872 shares of Common Stock acquired as compensation. It lists the sale method as cashless exercise / same-day sale and names Goldman Sachs & Co. LLC as the broker.

Who is shown as having sold SPOT shares in the past three months in the excerpt?

The excerpt shows Alex Ming Norstroem executing three sales of 5,436 shares each on 04/01/2026, 05/05/2026, and 06/02/2026, with dollar proceeds listed for each sale.

What does "cashless exercise / same-day sale" mean in this filing?

It indicates options were exercised and the resulting shares were sold immediately to cover costs and taxes. The filing explicitly uses the phrase "cashless exercise / same-day sale" for the 10,872 shares listed.

Which broker and exchange are named in the Form 144 excerpt?

The filing names Goldman Sachs & Co. LLC as the broker and lists the exchange as the NYSE within the provided excerpt.

Are dollar proceeds shown for the recent sales listed in the excerpt?

Yes; the three sales by Alex Ming Norstroem show dollar amounts: $2,606,629.41, $2,354,191.89, and $2,708,585.94 respectively alongside the sale dates and share counts.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/06/2026 - 06:20 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001969488
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Spotify Technology S.A.
SEC File Number	001-38438
Address of Issuer	33 Boulevard Prince Henri Luxembourg LUXEMBOURG L-1724
Phone	46(70)220-4607
Name of Person for Whose Account the Securities are To Be Sold	Alex Ming Norstroem
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	10872	5251284.72	205832527	07/06/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/01/2022	Acquired as compensation -- Stock Options	Issuer			10872	03/01/2022	Compensation -- Cashless exercise / same-day sale

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Alex Ming Norstroem 33 Boulevard Prince Henri Luxembourg N4 L-1724	Common	04/01/2026	5436	2606629.41
Alex Ming Norstroem 33 Boulevard Prince Henri Luxembourg N4 L-1724	Common	05/05/2026	5436	2354191.89
Alex Ming Norstroem 33 Boulevard Prince Henri Luxembourg N4 L-1724	Common	06/02/2026	5436	2708585.94

144: Remarks and Signature

Remarks	The sales of shares set forth herein are made in connection with a selling plan dated 12/11/2025, that is intended to comply with Rule 10b5-1(c).
Date of Notice	07/06/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	12/11/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Goldman Sachs & Co. LLC on behalf of Alex Ming Norstroem
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)