Spotify (NYSE: SPOT) director Thomas Staggs details equity and option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Spotify Technology S.A. director Thomas O. Staggs filed an initial ownership report showing his existing equity interest in the company. He holds several stock option awards over Ordinary Shares with exercise prices ranging from 112.7700 to 672.0000 per share and expiration dates between May 31, 2026 and June 2, 2030. Some grants are fully vested and currently exercisable, while others will vest in annual installments beginning on February 15, 2027.
Staggs also reports direct ownership of 154 Ordinary Shares and indirect ownership of 23,094 Ordinary Shares held by the Staggs Trust, a revocable inter-vivos trust established by him and his spouse. The filing reflects holdings only and does not show any new purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
STAGGS THOMAS O
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Ordinary Share | -- | -- | -- |
| holding | Ordinary Share | -- | -- | -- |
Holdings After Transaction:
Stock Option — 5,961 shares (Direct);
Ordinary Share — 154 shares (Direct);
Ordinary Share — 23,094 shares (Indirect, By Trust)
Footnotes (1)
- The Ordinary Shares are held by the Staggs Trust, a revocable inter-vivos trust established by Mr. Staggs and his spouse. The stock option is fully vested and currently exercisable. The stock option is vested and exercisable with respect to 5,409 Ordinary Shares and will vest with respect to the remaining shares on February 15, 2027. The stock option is vested and exercisable with respect to 1,770 Ordinary Shares and will vest with respect to the remaining shares in two substantially equal annual installments beginning on February 15, 2027. The stock option is vested and exercisable with respect to 413 Ordinary Shares and will vest with respect to the remaining shares in three substantially equal annual installments beginning on February 15, 2027.
FAQ
What does the Form 3 filing for Spotify (SPOT) by Thomas O. Staggs show?
The Form 3 shows Thomas O. Staggs’ existing equity holdings in Spotify. It lists several stock option awards with varying exercise prices and expirations, plus direct and trust-held Ordinary Shares, without reporting any new purchases, sales, or option exercises.
Are Thomas O. Staggs’ Spotify (SPOT) stock options currently exercisable?
Some of Staggs’ options are fully vested and currently exercisable, as noted in the footnotes. Others are partially vested now and will vest in remaining tranches in substantially equal annual installments beginning on February 15, 2027, subject to their specific grant terms.
Does Thomas O. Staggs’ Spotify (SPOT) Form 3 show any recent insider buying or selling?
The Form 3 does not show recent buying or selling activity. Instead, it records Staggs’ existing positions, including stock option grants and Ordinary Shares, as of the reporting date, which is typical when someone becomes a director or otherwise subject to reporting requirements.