Spotify CFO has 105 shares withheld for taxes
Spotify’s CFO reported RSU-related tax withholding of a small number of shares, with direct holdings now at 8,922.532 ordinary shares.
Rhea-AI Filing Summary
Spotify Technology S.A. (SPOT) reported that Chief Financial Officer Christian Luiga had 105.108 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 for this purpose, and Luiga now holds 8,922.532 ordinary shares directly. The filing notes that the fractional amount results from RSU vesting and tax calculations and that no fractional ordinary shares are actually issued.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 105.108 shares
Tax Withholding
1 txn
Insider
Luiga Christian
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Share F1, F2 | 105.108 | $543.62 | $57K |
Holdings After Transaction:
Ordinary Share — 8,922.532 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: 105.108 shares
Per-share value for tax withholding: $543.62 per share
Shares held after transaction: 8,922.532 shares
+1 more
4 metrics
Shares withheld for tax
105.108 shares
Withheld on September 1, 2026 to satisfy RSU-related tax withholding obligation
Per-share value for tax withholding
$543.62 per share
Value used for the 105.108 shares withheld for tax on September 1, 2026
Shares held after transaction
8,922.532 shares
Direct ordinary share holdings of CFO Christian Luiga following the withholding
Code F transaction shares
105.108 shares
Exercise-price-or-tax-liability type disposition reported in the transaction summary
Key Terms
restricted stock units ("RSUs"), tax withholding obligation, fractional ordinary shares
3 terms
restricted stock units ("RSUs") financial
"Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs")."
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.
tax withholding obligation financial
"Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units"
FAQ
What insider transaction did SPOT’s CFO Christian Luiga report?
Christian Luiga reported a withholding of 105.108 ordinary shares on September 1, 2026 to pay a tax withholding obligation triggered by vesting of restricted stock units. This is characterized as a payment of tax liability by delivering or withholding securities.
Was the SPOT Form 4 transaction by the CFO a market sale?
No. The Form 4 describes the transaction as shares withheld to satisfy tax withholding from RSU vesting, coded as payment of tax liability by delivering or withholding securities, rather than an open-market sale.
Was the SPOT CFO’s Form 4 transaction under a Rule 10b5-1 plan?
The filing indicates that the Rule 10b5-1 plan checkbox is not affirmed for this report, and the footnotes describe the event as tax withholding on RSU vesting, not as trading under a pre-arranged 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.