Spotify (SPOT) HR chief has 152.82 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Spotify Technology S.A.’s Chief Human Resources Officer Anna Lundström had 152.82 ordinary shares withheld at a price of $497.68 per share to cover taxes from the vesting of restricted stock units. This was a tax-withholding disposition, not an open-market sale, and she now directly holds 17,347.62 shares.
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 | 152.82 | $497.68 | $76K |
Holdings After Transaction:
Ordinary Share — 17,347.62 shares (Direct, null)
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
Tax-withholding shares: 152.82 shares
Withholding price: $497.68 per share
Post-transaction holdings: 17,347.62 shares
3 metrics
Tax-withholding shares
152.82 shares
Ordinary shares withheld for RSU tax obligation
Withholding price
$497.68 per share
Value used for tax-withholding disposition
Post-transaction holdings
17,347.62 shares
Ordinary shares directly held after transaction
Key Terms
restricted stock units ("RSUs"), tax withholding obligation, tax-withholding disposition
3 terms
restricted stock units ("RSUs") financial
"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"
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 152.82 ordinary shares withheld. The shares covered tax obligations from the vesting of restricted stock units, a routine administrative disposition rather than an open-market trade.
Was the Spotify (SPOT) Lundström transaction a sale in the open market?
No, the transaction was not an open-market sale. The 152.82 shares were withheld by Spotify to satisfy tax withholding obligations arising from the vesting of restricted stock units, which is a standard compensation-related mechanism.