Spotify co-CEO trades 20,833 company shares
Spotify Technology S.A.
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Form Type
4
Rhea-AI Filing Summary
Spotify Technology S.A. Co‑CEO Gustav Soderstrom exercised stock options and sold the resulting shares in a pre‑planned transaction. He exercised options for 20,833 ordinary shares at $151.25 per share and sold 20,833 ordinary shares at a weighted average price of $430.7153 under a Rule 10b-51 trading plan. After these transactions, he directly holds 20,492.18 ordinary shares and 187,962 stock options, which are fully vested and currently exercisable.
Insider Trade Summary 10b5-1
Exercise and Sale: 20,833 shares ($5.82M approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Soderstrom Gustav
Role
Co-Chief Executive Officer
Sold
20,833 shs ($8.97M)
Approx. gross sale proceeds
$8.97M
Approx. exercise cost
$3.15M
Approx. pre-tax spread
$5.82M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 20,833 | $0.00 | $0.00 |
| Exercise | Ordinary Share | 20,833 | $151.25 | $3.15M |
| Sale | Ordinary Share | 20,833 | $430.7153 | $8.97M |
Holdings After Transaction:
Stock Option — 187,962 contracts (Direct);
Ordinary Share — 20,492.18 shares (Direct)
Footnotes (4)
- F1. Transaction made pursuant to a Rule 10b-51 trading plan adopted by the reporting person on December 11, 2025
- F2. The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $427.6800 to $436.5050, 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.
- F4. The stock option is fully vested and currently exercisable.
Key Figures
Shares sold: 20,833 shares
Weighted average sale price: $430.7153 per share
Option exercise price: $151.25 per share
+3 more
6 metrics
Shares sold
20,833 shares
Ordinary shares sold in open-market transaction on May 5, 2026
Weighted average sale price
$430.7153 per share
Ordinary share sales between $427.6800 and $436.5050
Option exercise price
$151.25 per share
Exercise of stock option for 20,833 underlying ordinary shares
Shares held after transaction
20,492.18 shares
Direct ordinary share holdings following reported transactions
Stock options remaining
187,962 options
Fully vested and currently exercisable stock options after exercise
Exercise shares
20,833 shares
Net shares acquired via derivative exercise on May 5, 2026
Key Terms
Rule 10b-51 trading plan, weighted average price, Stock Option, restricted stock units
4 terms
Rule 10b-51 trading plan regulatory
"Transaction made pursuant to a Rule 10b-51 trading plan adopted by the reporting person"
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.
restricted stock units financial
"The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Spotify (SPOT) Co-CEO Gustav Soderstrom report?
Gustav Soderstrom reported exercising options for 20,833 ordinary shares and selling 20,833 ordinary shares. The sale was executed at a weighted average price of $430.7153 per share, reflecting an exercise-and-sell pattern on the same date.
What type of derivative security did Gustav Soderstrom exercise at Spotify (SPOT)?
Soderstrom exercised a stock option covering 20,833 underlying ordinary shares at a conversion or exercise price of $151.25 per share. The filing notes this stock option is fully vested and currently exercisable, with an expiration date of March 1, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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