Spotify Co-CEO shares withheld for RSU taxes

Spotify Technology S.A.

Rhea-AI Filing Summary

Spotify Technology S.A. Co-CEO Alex Norström reported a routine share withholding for taxes linked to equity compensation. On the vesting of restricted stock units, 808.026 ordinary shares were withheld to cover the related tax obligation at a value of $459.13 per share. Following this tax-withholding disposition, Norström directly holds 67,581.726 ordinary shares. The filing notes that the fractional amount reflects the calculation from RSU vesting and tax withholding, and that no fractional ordinary shares are actually issued.

Insider Trade Summary

Exercise Price or Tax Liability: 808.026 shares

Exercise Price or Tax Liability 1 txn

Insider Norstrom Alex

Role Co-Chief Executive Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Ordinary Share	808.026	$459.13	$371K

Holdings After Transaction: Ordinary Share — 67,581.726 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

Tax-withheld shares: 808.026 shares Withholding reference price: $459.13 per share Shares held after transaction: 67,581.726 shares +1 more

4 metrics

Tax-withheld shares 808.026 shares Withheld to satisfy RSU-related tax obligation

Withholding reference price $459.13 per share Value used for RSU tax-withholding shares

Shares held after transaction 67,581.726 shares Directly held ordinary shares after tax withholding

Tax-withholding transactions 1 transaction, 808.026 shares Summary of RSU-related tax-withholding events in this filing

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.

FAQ

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

What did Spotify (SPOT) Co-CEO Alex Norström report in this Form 4?

Alex Norström reported a tax-withholding disposition of Spotify shares. 808.026 ordinary shares were withheld to satisfy taxes on vested RSUs, a non-market transaction tied to equity compensation, leaving him with 67,581.726 directly held shares.

Did Alex Norström of Spotify (SPOT) sell shares on the open market?

No, the transaction was a tax-withholding event, not an open-market sale. Shares were withheld by the company to cover tax obligations from RSU vesting, a common administrative step in stock-based compensation programs.

How many Spotify (SPOT) shares were withheld for Alex Norström’s taxes?

A total of 808.026 ordinary shares were withheld to satisfy Alex Norström’s tax obligation arising from RSU vesting. The fractional figure reflects calculation results; the filing states that no fractional ordinary shares are actually issued.

How many Spotify (SPOT) shares does Alex Norström hold after this transaction?

After the tax-withholding disposition, Alex Norström directly holds 67,581.726 ordinary shares of Spotify. This balance reflects his position following the RSU vesting event and associated share withholding for taxes.

What caused the Spotify (SPOT) RSU-related tax withholding for Alex Norström?

The withholding arose from the vesting of restricted stock units (RSUs) granted to Alex Norström. When RSUs vest, taxes are due, and companies often withhold a portion of shares at the prevailing price to meet that obligation.

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

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Accepted by SEC EDGAR 07/06/2026 - 04:15 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)
07/01/2026

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	07/01/2026		F		808.026(1)	D	$459.13	67,581.726(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	07/06/2026
	** 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)