Spotify HR chief has 248.568 shares withheld
Spotify Technology S.A.
Rhea-AI Filing Summary
Spotify Technology S.A. (SPOT) reported that Chief Human Resources Officer Anna Lundstrom had 248.568 ordinary shares withheld on September 1, 2026 to satisfy a tax withholding obligation arising from the vesting of restricted stock units. The shares were valued at $543.62 per share, and her directly held position is now reported as 16,503.972 shares, with the filing noting that fractional amounts are computational only and no fractional ordinary shares are issued. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 248.568 shares
Tax Withholding
1 txn
Insider
Lundstrom Anna
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Share F1, F2 | 248.568 | $543.62 | $135K |
Holdings After Transaction:
Ordinary Share — 16,503.972 shares (Direct)
Footnotes (2)
- F1. Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs").
- F2. The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued.
Key Figures
Shares withheld for tax: 248.568 shares
Per-share value for tax withholding: $543.62 per share
Direct holdings after transaction: 16,503.972 shares
3 metrics
Shares withheld for tax
248.568 shares
Ordinary shares withheld on September 1, 2026 to satisfy tax withholding from RSU vesting
Per-share value for tax withholding
$543.62 per share
Value applied to shares withheld to cover tax obligation on September 1, 2026
Direct holdings after transaction
16,503.972 shares
Ordinary shares reported as directly held by Anna Lundstrom after the tax-withholding disposition
Key Terms
restricted stock units, tax withholding obligation, fractional ordinary shares
3 terms
restricted stock units financial
"Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligation financial
"Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs")."
FAQ
What insider transaction did SPOT’s Chief Human Resources Officer report?
Anna Lundstrom reported that 248.568 ordinary shares were withheld on September 1, 2026 to cover a tax withholding obligation from vesting restricted stock units, at a value of $543.62 per share. This was a routine tax-related disposition, not an open-market sale.
Was the SPOT insider transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan applies to this transaction. It is described as shares withheld to satisfy a tax withholding obligation from restricted stock unit vesting, rather than a discretionary trading-plan sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.