Spotify Co-CEO has 809 shares withheld for tax

Spotify’s Co-Chief Executive Officer Alex Norstrom had shares withheld to cover taxes on RSU vesting, leaving a reported direct holding of 65,964.449 ordinary shares.

Rhea-AI Filing Summary

Spotify Technology S.A. (SPOT) director and Co-Chief Executive Officer Alex Norstrom reported a disposition of ordinary shares tied to equity compensation tax withholding. On September 1, 2026, 809.007 ordinary shares were withheld to satisfy a tax withholding obligation arising from the vesting of restricted stock units (RSUs) at a reference price of $543.62 per share.

After this tax-withholding disposition, Norstrom directly holds 65,964.449 ordinary shares. The filing states that the fractional share amount reflects the computational result of RSU vesting and tax withholding, and that no fractional ordinary shares are issued. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Tax Withholding: 809.007 shares

Tax Withholding 1 txn

Insider Norstrom Alex

Role Co-Chief Executive Officer

Type	Security	Shares	Price	Value
Tax Withholding	Ordinary Share F1, F2	809.007	$543.62	$440K

Holdings After Transaction: Ordinary Share — 65,964.449 shares (Direct)

Footnotes (2)

1. F1. Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs").
2. 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: 809.007 ordinary shares Reference price per share: $543.62 per share Shares held after transaction: 65,964.449 ordinary shares +2 more

5 metrics

Shares withheld for tax 809.007 ordinary shares Withheld on September 1, 2026 to satisfy tax withholding from RSU vesting

Reference price per share $543.62 per share Applied to the 809.007 ordinary shares withheld for tax on September 1, 2026

Shares held after transaction 65,964.449 ordinary shares Direct holdings of Alex Norstrom following the September 1, 2026 disposition

Exercise Price or Tax Liability Shares 809.007 shares Total shares involved in payment of tax liability reported in this Form 4

Number of dispose-type transactions 1 transaction One tax-withholding disposition (code F) reported in the filing

Key Terms

restricted stock units, tax withholding obligation, fractional ordinary shares, Rule 10b5-1

4 terms

restricted stock units financial

"arising out of the vesting of restricted stock units ("RSUs")"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligation financial

"Shares withheld to satisfy tax withholding obligation arising out of the vesting"

fractional ordinary shares financial

"The fractional amount shown reflects the computational result... No fractional ordinary shares"

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.

Rule 10b5-1 regulatory

"No Rule 10b5-1 trading plan is reported for this transaction"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did Spotify (SPOT) Co-CEO Alex Norstrom report on this Form 4?

Alex Norstrom reported a tax-withholding disposition of 809.007 ordinary shares on September 1, 2026, where shares were withheld to satisfy a tax withholding obligation arising from the vesting of restricted stock units (RSUs).

How many Spotify (SPOT) shares does Alex Norstrom hold after the reported transaction?

Following the September 1, 2026 tax-withholding disposition, Alex Norstrom directly holds 65,964.449 ordinary shares of Spotify Technology S.A., according to the Form 4 filing.

Was Alex Norstrom’s Spotify (SPOT) Form 4 transaction a market sale or tax withholding?

The Form 4 describes the transaction as shares withheld to satisfy a tax withholding obligation from RSU vesting, not an open-market sale. The code used is for payment of tax liability by delivering or withholding securities.

What price per Spotify (SPOT) share is referenced in Alex Norstrom’s Form 4?

The Form 4 lists a reference price of $543.62 per share for the 809.007 ordinary shares withheld to cover tax obligations related to RSU vesting on September 1, 2026.

Does Alex Norstrom’s Spotify (SPOT) Form 4 indicate use of a Rule 10b5-1 trading plan?

No. The Form 4 indicates that the Rule 10b5-1 plan checkbox is not affirmed, so no Rule 10b5-1 trading plan is reported in connection with this tax-withholding transaction.

Why does Alex Norstrom’s Spotify (SPOT) Form 4 show a fractional share amount?

A footnote explains the 809.007 shares figure reflects the computational result of RSU vesting and tax withholding, and that no fractional ordinary shares are issued; the fraction is for calculation and reporting only.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/03/2026 - 05:53 PM EDT Accepted by SEC EDGAR 09/03/2026 - 04:29 PM EDT Learn about SEC filing dates

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^*

Norstrom Alex

(Last) (First) (Middle)

C/O SPOTIFY AB

REGERINGSGATAN 19

(Street)

STOCKHOLM 11153

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026

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	09/01/2026		F		809.007(1)	D	$543.62	65,964.449(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.

	/s/ Sung Lee, Attorney-in-Fact	09/03/2026
	** 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)