Spotify HR chief has shares withheld for RSU taxes

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.

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.

Insider Trade Summary

Exercise Price or Tax Liability: 152.82 shares

Exercise Price or Tax Liability 1 txn

Insider Lundstrom Anna

Role Chief Human Resources Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Ordinary Share	152.82	$497.68	$76K

Holdings After Transaction: Ordinary Share — 17,347.62 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-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

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

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.

How many Spotify (SPOT) shares does Anna Lundström hold after this filing?

After the tax-withholding disposition, Anna Lundström directly holds 17,347.62 ordinary shares of Spotify. This figure reflects her position following the RSU vesting-related share withholding disclosed in the Form 4 filing.

What price per share was used for the Lundström tax withholding at Spotify (SPOT)?

The tax-withholding disposition used a price of $497.68 per share for the 152.82 ordinary shares withheld. This value is used to calculate the tax obligation arising from the vesting of restricted stock units.

What caused the tax-withholding share disposition for Spotify (SPOT) insider Anna Lundström?

The share disposition was triggered by the vesting of restricted stock units (RSUs). Spotify withheld 152.82 ordinary shares from Anna Lundström to satisfy the associated tax withholding obligation, as explained in the Form 4 footnotes.

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

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Accepted by SEC EDGAR 06/03/2026 - 04:59 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^*

Lundstrom Anna

(Last) (First) (Middle)

C/O SPOTIFY AB

REGERINGSGATAN 19

(Street)

STOCKHOLM 111 53

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Human Resources Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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	06/01/2026		F		152.82(1)	D	$497.68	17,347.62(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.

Remarks:

	/s/ Sung Lee, Attorney-in-fact	06/03/2026
	** 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)