Spotify (SPOT) HR chief has 152 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
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)
- 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"
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.
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.
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.