Director at Spotify (NYSE: SPOT) receives 329-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Spotify Technology S.A. director Padmasree Warrior reported an equity award in the form of 329 Ordinary Shares, received at a price of $0.00 per share as part of compensation. After this grant, her direct holdings total 11,413 Ordinary Shares.
The award represents restricted stock units that vest in equal annual installments through February 15, 2030, with each unit delivering one Ordinary Share when it vests. This is a routine compensation-related acquisition rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WARRIOR PADMASREE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Share | 329 | $0.00 | -- |
Holdings After Transaction:
Ordinary Share — 11,413 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 329 shares
Grant price: $0.00 per share
Post-transaction holdings: 11,413 shares
+1 more
4 metrics
RSU grant size
329 shares
Restricted stock unit award to director
Grant price
$0.00 per share
Equity award issued at no cash cost
Post-transaction holdings
11,413 shares
Director’s direct Ordinary Share holdings after grant
Vesting schedule end
February 15, 2030
RSUs vest in equal annual installments through this date
Key Terms
restricted stock units ("RSUs"), Ordinary Share, vest, contingent right
4 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs"), which vest in equal annual installments"
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.
vest financial
"which vest in equal annual installments through February 15, 2030"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"Each RSU represents a contingent right to receive one Ordinary Share"
FAQ
What insider transaction did SPOT director Padmasree Warrior report?
Padmasree Warrior reported receiving 329 Ordinary Shares of Spotify as an equity award. The shares come from restricted stock units and are part of her director compensation, not an open-market purchase or sale.
What type of equity award did the Spotify (SPOT) director receive?
She received an award of restricted stock units, or RSUs, each representing a right to one Ordinary Share. These RSUs are a standard form of stock-based compensation for directors and executives at many public companies.
How do the Spotify (SPOT) RSUs granted to the director vest?
The RSUs vest in equal annual installments through February 15, 2030. Each year, a portion becomes earned and delivers one Ordinary Share per unit, aligning the director’s compensation with long-term company performance.