Spotify director exercises options, sells 35,380 shares
Spotify Technology S.A. director Sven Hans Martin Lorentzon reported option exercises and share sales.
Rhea-AI Filing Summary
Spotify Technology S.A. director Sven Hans Martin Lorentzon reported option exercises and share sales. On May 22, 2026, he exercised stock options for 24,120 ordinary shares at $169.16 per share and 11,260 shares at $362.36 per share, converting derivative awards into ordinary shares.
That same day, he sold 35,380 ordinary shares in open-market transactions at a weighted average price of $525.7301 per share, with individual trades ranging from $525.12 to $527.69. After these transactions, he held 6,383 ordinary shares directly and 19,000,000 ordinary shares indirectly through Rosello Company Limited.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 35,380 shares ($10.44M approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Lorentzon Sven Hans Martin
Role
Director
Sold
35,380 shs ($18.60M)
Approx. gross sale proceeds
$18.60M
Approx. exercise cost
$8.16M
Approx. pre-tax spread
$10.44M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 11,260 | $0.00 | $0.00 |
| Exercise | Stock Option | 24,120 | $0.00 | $0.00 |
| Exercise | Ordinary Share | 11,260 | $362.36 | $4.08M |
| Exercise | Ordinary Share | 24,120 | $169.16 | $4.08M |
| Sale | Ordinary Share | 35,380 | $525.7301 | $18.60M |
| holding | Ordinary Share | -- | -- | -- |
Holdings After Transaction:
Stock Option — 0 contracts (Direct);
Ordinary Share — 6,383 shares (Direct);
Ordinary Share — 19,000,000 shares (Indirect, By Rosello Company Limited)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $525.12 to $527.69, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2. The stock option is fully vested and currently exercisable.
Key Figures
Shares sold: 35,380 ordinary shares
Weighted average sale price: $525.7301 per share
Option exercise 1: 24,120 shares at $169.16
+3 more
6 metrics
Shares sold
35,380 ordinary shares
Open-market sale on May 22, 2026
Weighted average sale price
$525.7301 per share
Ordinary share sales on May 22, 2026
Option exercise 1
24,120 shares at $169.16
Stock option exercise into ordinary shares
Option exercise 2
11,260 shares at $362.36
Second stock option exercise into ordinary shares
Direct holdings after transaction
6,383 ordinary shares
Post-transaction direct ownership
Indirect holdings after transaction
19,000,000 ordinary shares
Held indirectly through Rosello Company Limited
Key Terms
weighted average price, stock option, derivative security, Ordinary Share, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
stock option financial
"The stock option is fully vested and currently exercisable."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SPOT director Sven Hans Martin Lorentzon report?
Lorentzon exercised stock options and sold shares in Spotify Technology S.A. He exercised options for 24,120 shares at $169.16 and 11,260 shares at $362.36, then sold 35,380 ordinary shares in open-market trades on May 22, 2026.
What stock options did Lorentzon exercise in this Spotify (SPOT) Form 4?
Lorentzon exercised two tranches of Spotify stock options. He exercised options covering 24,120 ordinary shares at a conversion price of $169.16 per share and 11,260 ordinary shares at $362.36 per share, with the options described as fully vested and currently exercisable.
Were Lorentzon’s Spotify (SPOT) option grants still outstanding after this Form 4?
The filing shows the exercised stock options had no remaining balance afterward. Derivative entries for 24,120 and 11,260 stock options both report zero shares following the exercises, and the derivative position summary is empty, indicating no remaining options visible in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
