Spotify (SPOT) HR chief has 152 shares withheld for RSU taxes

Rhea-AI Filing Summary

Spotify Technology S.A.’s Chief Human Resources Officer Anna Lundström reported a routine tax-related share disposition tied to vested equity compensation. On the vesting of restricted stock units, 152.28 ordinary shares were withheld at $484.91 per share to cover tax obligations, rather than being sold in the market.

After this withholding, Lundström directly holds 9,045.72 ordinary shares. The filing notes that the fractional amount reflects the computational result of RSU vesting and tax withholding and that no fractional ordinary shares are actually issued.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lundstrom Anna

Role Chief Human Resources Officer

Type	Security	Shares	Price	Value
Tax Withholding	Ordinary Share	152.28	$484.91	$74K

Holdings After Transaction: Ordinary Share — 9,045.72 shares (Direct)

Footnotes (1)

1. Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs") 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 taxes: 152.28 shares Withholding price per share: $484.91 per share Shares held after transaction: 9,045.72 shares +1 more

4 metrics

Shares withheld for taxes 152.28 shares Tax-withholding disposition on RSU vesting

Withholding price per share $484.91 per share Value used for tax-withholding shares

Shares held after transaction 9,045.72 shares Direct holdings following tax withholding

Tax-withholding transactions 1 transaction, 152.28 shares Summary of F-code tax-withholding activity

Key Terms

restricted stock units ("RSUs"), tax withholding obligation, fractional ordinary shares, tax-withholding disposition

4 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"

fractional ordinary shares financial

"The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued."

A fractional ordinary share is a portion of a single common share, like owning a slice of a pizza rather than the whole pie. It gives an investor proportionate economic rights — such as a share of dividends and price gains or losses — allowing smaller-dollar purchases and easier diversification, though practical rights like voting or transferability can depend on the broker or platform handling the fraction.

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lundstrom Anna

(Last) (First) (Middle)

C/O SPOTIFY AB

REGERINGSGATAN 19

(Street)

STOCKHOLM 111 53

(City) (State) (Zip)

SWEDEN

(Country)

2. Issuer Name and Ticker or Trading Symbol
Spotify Technology S.A. [ SPOT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Human Resources Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Share	04/01/2026		F		152.28(1)	D	$484.91	9,045.72(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs")

2. The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued.

Remarks:

	/s/ Sung Lee, Attorney-in-fact	04/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Spotify (SPOT) report for Anna Lundström?

Spotify reported that Chief Human Resources Officer Anna Lundström had 152.28 ordinary shares withheld to cover taxes on vested RSUs. This is a non-market, tax-withholding disposition, not an open-market sale or purchase, and reflects standard equity compensation mechanics.

Was the Spotify (SPOT) Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 152.28 ordinary shares were withheld to satisfy tax obligations from restricted stock unit vesting, meaning no discretionary selling decision or market trade by Anna Lundström occurred.

How many Spotify (SPOT) shares does Anna Lundström hold after this Form 4?

Following the tax-withholding transaction, Anna Lundström directly holds 9,045.72 Spotify ordinary shares. The fractional figure comes from RSU vesting and withholding calculations, with a footnote clarifying that no fractional ordinary shares are actually issued to the insider.

What does the F transaction code mean in the Spotify (SPOT) Form 4?

The F code indicates shares were disposed of to pay taxes or exercise costs. In this case, 152.28 Spotify ordinary shares were withheld at $484.91 per share to satisfy tax obligations arising from restricted stock unit vesting, rather than being sold on the open market.

How large is the reported Spotify (SPOT) insider tax withholding transaction?

The filing shows 152.28 ordinary shares withheld at $484.91 per share to cover taxes on vested RSUs. This represents a small, routine adjustment to the insider’s position, reflecting equity compensation mechanics rather than an active investment decision in the market.