Spotify Technology (NYSE: SPOT) Co-CEO reports 116.64 tax-withheld shares
Rhea-AI Filing Summary
Spotify Technology S.A. Co-Chief Executive Officer Gustav Soderstrom reported a tax-withholding disposition of 116.64 ordinary shares on August 1, 2026 at $499.94 per share, to satisfy taxes on vested RSUs. After this event he directly holds 20,142.26 ordinary shares; fractional amounts are computational only.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 116.64 shares
Net Sell
1 txn
Insider
Soderstrom Gustav
Role
Co-Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Share F1, F2 | 116.64 | $499.94 | $58K |
Holdings After Transaction:
Ordinary Share — 20,142.26 shares (Direct)
Footnotes (2)
- F1. Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs").
- 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 taxes: 116.64 Ordinary Shares
Per-share valuation for withholding: $499.94 per share
Direct holdings after transaction: 20,142.26 Ordinary Shares
+1 more
4 metrics
Shares withheld for taxes
116.64 Ordinary Shares
Tax-withholding disposition on August 1, 2026 tied to RSU vesting
Per-share valuation for withholding
$499.94 per share
Price used to value the tax-withholding disposition on August 1, 2026
Direct holdings after transaction
20,142.26 Ordinary Shares
Gustav Soderstrom’s direct Spotify share ownership following the tax withholding
Shares associated with tax liability in filing
116.64 Ordinary Shares
Total shares in this Form 4 used to satisfy RSU-related tax obligations
Key Terms
restricted stock units ("RSUs"), tax withholding obligation, fractional ordinary shares
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Gustav Soderstrom report for Spotify (SPOT)?
Gustav Soderstrom reported a tax-withholding disposition of Spotify ordinary shares. 116.64 shares were withheld on August 1, 2026 to cover taxes from vesting restricted stock units (RSUs), rather than an open-market purchase or sale.
Was the Spotify (SPOT) Form 4 transaction an open-market sale?
No, the reported activity was a tax-withholding disposition, not an open-market sale. Shares were withheld by the issuer to satisfy RSU-related tax obligations, consistent with Form 4 code F, which covers payment of tax liability by delivering or withholding securities.
Was the Spotify (SPOT) Form 4 transaction under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is marked as not affirming a plan, so this transaction is not reported as executed under a pre-arranged trading plan. It is instead characterized as a tax-withholding event tied to RSU vesting.