Spotify (NYSE: SPOT) director receives 3,948 options vesting to 2030

Rhea-AI Filing Summary

Spotify Technology S.A. director Shishir Mehrotra received a compensation grant of stock options covering 3,948 ordinary shares. The options have an exercise price of $775.07 per share and expire on May 28, 2031. They vest in equal annual installments through February 15, 2030, meaning the award becomes exercisable gradually over several years rather than all at once.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mehrotra Shishir

Role null

Type	Security	Shares	Price	Value
Grant/Award	Stock Option	3,948	$0.00	--

Holdings After Transaction: Stock Option — 3,948 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Options granted: 3,948 options Exercise price: $775.07/share Underlying shares: 3,948 shares +3 more

6 metrics

Options granted 3,948 options Stock option award covering ordinary shares

Exercise price $775.07/share Stock option exercise (conversion) price

Underlying shares 3,948 shares Ordinary shares underlying options

Post-award derivative holdings 3,948 options Total options following this transaction

Option expiration May 28, 2031 Final date to exercise the options

Vesting schedule end February 15, 2030 Annual vesting in equal installments through this date

Key Terms

Stock Option, Ordinary Share, Grant, award, or other acquisition, Form 4

4 terms

Stock Option financial

"The security title is listed as "Stock Option" for this grant."

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.

Ordinary Share financial

"The underlying security title is identified as "Ordinary Share"."

An ordinary share is a unit of ownership in a company that gives the holder a stake in its profits and usually the right to vote on key decisions. Think of it like a slice of a pizza where each slice entitles you to a portion of what’s left after bills are paid; value can rise or fall with the business and may pay dividends, so it matters to investors for income, growth and control.

Grant, award, or other acquisition financial

"The transaction code description is "Grant, award, or other acquisition"."

Form 4 regulatory

"The insider transaction is reported on SEC Form 4 for Spotify."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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^*

Mehrotra Shishir

(Last) (First) (Middle)

C/O SPOTIFY TECHNOLOGY S.A.

33 BOULEVARD PRINCE HENRI

(Street)

LUXEMBOURG L-1724

(City) (State) (Zip)

LUXEMBOURG

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

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

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
Stock Option	$775.07	05/28/2026		A		3,948		(1)	05/28/2031	Ordinary Share	3,948	$0	3,948	D

Explanation of Responses:

1. Represents an award of stock option, which vests in equal annual installments through February 15, 2030.

Remarks:

	/s/ Sung Lee, Attorney-in-fact	05/29/2026
	** 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)

FAQ

What did Spotify (SPOT) director Shishir Mehrotra report on this Form 4?

Shishir Mehrotra reported receiving a stock option grant for 3,948 underlying ordinary shares. The options were awarded at an exercise price of $775.07 per share, forming part of his equity-based compensation as a director of Spotify Technology S.A.

How many Spotify shares are covered by Mehrotra’s new stock options?

The new stock option award covers 3,948 underlying ordinary shares of Spotify Technology S.A. Each option corresponds to one ordinary share, giving Mehrotra the right to buy these shares at a fixed exercise price if and when the options vest.

What is the exercise price and expiration date of Mehrotra’s Spotify options?

The options have an exercise price of $775.07 per share and expire on May 28, 2031. This means Mehrotra can choose to exercise vested options at that price any time before the stated expiration date, subject to plan terms.

How do Mehrotra’s Spotify stock options vest over time?

According to the disclosure, the stock option award vests in equal annual installments through February 15, 2030. This structure spreads vesting across multiple years, encouraging longer-term alignment with Spotify’s performance and Mehrotra’s continued board service.

Did Mehrotra buy or sell any Spotify shares in this Form 4?

No open-market purchases or sales were reported. The Form 4 reflects a grant of stock options as compensation, described as a “grant, award, or other acquisition,” rather than a voluntary market trade in Spotify’s ordinary shares.