Spotify (NYSE: SPOT) exec exercises options, sells 3,810 shares
Rhea-AI Filing Summary
Spotify Technology S.A. (SPOT) reported that Chief Public Affairs Officer Dustee Jenkins exercised a fully vested stock option for 1,722 ordinary shares at $151.25 per share on 2026-08-14, reducing the remaining option position to 1,377 options expiring on 2027-03-01. On the same date, she sold 2,088.265 ordinary shares at $512.495 per share and 1,722 ordinary shares at $513.4251 per share in open-market or private transactions, for total reported sales of 3,810.265 shares. The Rule 10b5-1 checkbox was not marked as being pursuant to a trading plan.
Positive
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Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Jenkins Dustee
Role
Chief Public Affairs Officer
Sold
3,810.265 shs ($1.95M)
Approx. gross sale proceeds
$1.95M
Approx. exercise cost
$260K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option F2 | 1,722 | $0.00 | $0.00 |
| Sale | Ordinary Share F1 | 2,088.265 | $512.495 | $1.07M |
| Exercise | Ordinary Share F1 | 1,722 | $151.25 | $260K |
| Sale | Ordinary Share F1 | 1,722 | $513.4251 | $884K |
Holdings After Transaction:
Stock Option — 1,377 shares (Direct);
Ordinary Share — 39,828.238 shares (Direct)
Footnotes (2)
- F1. The fractional amount shown reflects the computational result of previous RSU vesting and tax withholding. No fractional ordinary shares are issued.
- F2. The stock option is fully vested and currently exercisable.
Key Figures
Options Exercised: 1,722 shares
Option Exercise Price: $151.25 per share
Shares Sold (First Block): 2,088.265 shares
+5 more
8 metrics
Options Exercised
1,722 shares
Stock option exercise into ordinary shares on 2026-08-14
Option Exercise Price
$151.25 per share
Exercise price for 1,722-stock-option conversion into ordinary shares
Shares Sold (First Block)
2,088.265 shares
Ordinary shares sold at $512.495 per share on 2026-08-14
Sale Price (First Block)
$512.495 per share
Per-share price for 2,088.265 ordinary shares sold
Shares Sold (Second Block)
1,722 shares
Ordinary shares sold at $513.4251 per share on 2026-08-14
Sale Price (Second Block)
$513.4251 per share
Per-share price for 1,722 ordinary shares sold
Net Shares Sold
3,810.265 shares
Total ordinary shares sold across reported transactions
Remaining Options
1,377 options
Stock options remaining after exercise; expiration 2027-03-01
Key Terms
Stock Option, Ordinary Share, RSU vesting, tax withholding
4 terms
Stock Option financial
"security_title: "Stock Option""
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.
RSU vesting financial
"result of previous RSU vesting and tax withholding"
RSU vesting is the process by which restricted stock units — a promise by a company to give shares to an employee — become actual, owned shares over time or when certain goals are met. Investors care because vested shares can dilute existing ownership when issued, and the timing of vesting affects when employees can sell shares, which can influence share supply, insider selling patterns, and company incentives.
tax withholding financial
"result of previous RSU vesting and tax withholding"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
FAQ
What insider transactions did SPOT executive Dustee Jenkins report on 2026-08-14?
Dustee Jenkins reported exercising 1,722 stock options and selling 3,810.265 ordinary shares of Spotify on 2026-08-14. The exercise price was $151.25 per share, while reported sale prices were around $512–513 per share.
What stock option did Dustee Jenkins exercise in Spotify (SPOT)?
She exercised a fully vested stock option for 1,722 ordinary shares at an exercise price of $151.25 per share. After this transaction, 1,377 options under that award remained outstanding, with an expiration date of 2027-03-01.
Did Dustee Jenkins’ Spotify (SPOT) trades occur under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox was not checked, indicating the transactions were not affirmed as made under a Rule 10b5-1 trading plan. No separate footnote describes any pre-arranged trading plan for these trades.
What is Dustee Jenkins’ remaining option position after the reported SPOT transactions?
Following the reported exercise, Jenkins had 1,377 stock options remaining from the referenced award. These options are tied to Spotify ordinary shares and carry an expiration date of 2027-03-01, as disclosed in the transaction data.
AI-generated analysis. How Rhea-AI works. Not financial advice.
