Spotify director granted 1,974 stock options
Spotify Technology S.A. director Barry McCarthy received a grant of stock options covering 1,974 ordinary shares.
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Form Type
4
Rhea-AI Filing Summary
Spotify Technology S.A. director Barry McCarthy received a grant of stock options covering 1,974 ordinary shares. The options have an exercise price of $516.71 per share and expire on May 28, 2031. They vest in equal annual installments through February 15, 2030, and following this grant McCarthy holds 1,974 derivative securities tied to ordinary shares directly.
Insider Trade Summary
Grant/Award: 1,974 shares
Grant/Award
1 txn
Insider
McCARTHY BARRY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 1,974 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option — 1,974 contracts (Direct)
Footnotes (1)
- F1. Represents an award of stock option, which vests in equal annual installments through February 15, 2030.
Key Figures
Options granted: 1,974 stock options
Exercise price: $516.71 per share
Expiration date: May 28, 2031
+2 more
5 metrics
Options granted
1,974 stock options
Grant of options linked to ordinary shares
Exercise price
$516.71 per share
Option exercise price for underlying ordinary shares
Expiration date
May 28, 2031
Option term end date
Vesting schedule end
February 15, 2030
Options vest in equal annual installments through this date
Total derivative securities after grant
1,974 options
Total options held following the reported transaction
Key Terms
Stock Option, exercise price, vests, expiration date
4 terms
Stock Option financial
"Represents an award of stock option, which vests in equal annual installments"
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.
exercise price financial
"conversion_or_exercise_price: 516.7100 per underlying ordinary share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vests financial
"vests in equal annual installments through February 15, 2030"
expiration date financial
"expiration_date: 2031-05-28T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Barry McCarthy report in this Spotify (SPOT) Form 4 filing?
Barry McCarthy reported receiving a grant of Spotify stock options linked to 1,974 ordinary shares. These options were awarded as compensation, not bought in the open market, and give him the right to purchase shares at a fixed exercise price.
How many Spotify stock options did Barry McCarthy receive in this grant?
Barry McCarthy received stock options covering 1,974 underlying Spotify ordinary shares. This single award increases his derivative holdings to 1,974 such options, all directly owned, according to the position reported immediately after the transaction in the Form 4 filing.
What is the exercise price of Barry McCarthy’s new Spotify stock options?
The new options have an exercise price of $516.71 per underlying Spotify ordinary share. This means McCarthy can buy each share at $516.71 once the options vest, regardless of the market price at the time of exercise, until the options expire.
When do Barry McCarthy’s Spotify stock options vest and expire?
The stock options vest in equal annual installments through February 15, 2030, spreading the award over several years. They carry an expiration date of May 28, 2031, after which any unexercised options will lapse and can no longer be used to purchase shares.
Was Barry McCarthy’s Spotify Form 4 transaction a market purchase or sale?
The Form 4 reflects a grant or award acquisition of stock options, not an open-market trade. The transaction code is “A,” indicating an option award given at no purchase price, rather than a buy or sell of existing Spotify shares in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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