9,343-share RSU award to Spotify (NYSE: SPOT) CFO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Luiga Christian reported acquisition or exercise transactions in this Form 4 filing.
Spotify Technology S.A.’s Chief Financial Officer Christian Luiga received an award of 9,343 restricted stock units (RSUs), each representing a right to one Ordinary Share. The grant price is $0.00 per share, reflecting a compensation award rather than a market purchase. The RSUs vest as to 3/48ths on August 1, 2026, with the remaining units vesting in equal monthly installments through May 1, 2030. Following this award, Luiga’s reported direct holdings total 9,343 Ordinary Shares subject to vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Luiga Christian
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Share | 9,343 | $0.00 | -- |
Holdings After Transaction:
Ordinary Share — 9,343 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 9,343 units
Grant price: $0.00 per share
Shares after transaction: 9,343 shares
+2 more
5 metrics
RSUs granted
9,343 units
Award of restricted stock units to CFO
Grant price
$0.00 per share
Compensation grant, not market purchase
Shares after transaction
9,343 shares
Total Ordinary Shares reported following grant
Initial vesting portion
3/48ths of RSUs
Vests on August 1, 2026
Final vesting date
May 1, 2030
Remaining RSUs vest monthly until this date
Key Terms
restricted stock units ("RSUs"), Ordinary Share, contingent right
3 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs"), which vests as to 3/48ths"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one Ordinary Share."
FAQ
What did Spotify (SPOT) disclose about CFO Christian Luiga’s latest equity award?
Spotify reported that CFO Christian Luiga received 9,343 restricted stock units (RSUs). These RSUs are a compensation grant with a $0.00 grant price per share, each converting into one Ordinary Share upon vesting under the disclosed schedule.
How many Spotify RSUs were granted to the CFO in this Form 4 filing?
The filing shows a grant of 9,343 restricted stock units to the CFO. Each RSU corresponds to one Ordinary Share, meaning the award represents 9,343 potential Ordinary Shares upon full vesting under the stated timetable.
What is the vesting schedule for Christian Luiga’s 9,343 Spotify RSUs?
The RSUs vest as to 3/48ths on August 1, 2026, with the remaining units vesting in equal monthly installments through May 1, 2030. This creates a multi-year, time-based vesting structure for the equity award.
Does the Spotify CFO pay anything for the 9,343 RSUs granted?
No cash payment is required for this award. The transaction price per share is reported as $0.00, indicating a compensation-based grant where shares are delivered upon vesting rather than purchased in the open market.