Spotify (NYSE: SPOT) officer withholds shares to cover RSU tax obligations

Rhea-AI Filing Summary

Spotify Technology S.A.’s Chief Public Affairs Officer Dustee Jenkins had 362.768 Ordinary Shares withheld on April 1, 2026 at $484.91 per share to satisfy a tax withholding obligation from the vesting of restricted stock units. After this tax-withholding disposition, Jenkins directly holds 37,900.232 Ordinary Shares. The fractional amount reflects RSU vesting calculations; no fractional ordinary shares are actually issued.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jenkins Dustee

Role Chief Public Affairs Officer

Type	Security	Shares	Price	Value
Tax Withholding	Ordinary Share	362.768	$484.91	$176K

Holdings After Transaction: Ordinary Share — 37,900.232 shares (Direct)

Footnotes (1)

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

Shares withheld for taxes: 362.768 shares Reference price per share: $484.91 per share Shares held after transaction: 37,900.232 shares

3 metrics

Shares withheld for taxes 362.768 shares Tax withholding from RSU vesting on April 1, 2026

Reference price per share $484.91 per share Value used for tax-withholding disposition

Shares held after transaction 37,900.232 shares Direct holdings following tax-withholding event

Key Terms

restricted stock units ("RSUs"), tax withholding obligation, vesting

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"

vesting financial

"arising out of the vesting of restricted stock units ("RSUs")"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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^*

Jenkins Dustee

(Last) (First) (Middle)

C/O SPOTIFY USA INC.

150 GREENWICH STREET

(Street)

NEW YORK NEW YORK 10007

(City) (State) (Zip)

UNITED STATES

(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 Public Affairs Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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	04/01/2026		F		362.768(1)	D	$484.91	37,900.232(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	04/03/2026
	** 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)

FAQ

What insider transaction did Spotify (SPOT) report for Dustee Jenkins?

Spotify reported that Chief Public Affairs Officer Dustee Jenkins had 362.768 Ordinary Shares withheld to cover tax obligations from restricted stock unit vesting, a non-market transaction that reduces her share count but simply settles taxes due on the equity award.

Was the Spotify (SPOT) Form 4 transaction a stock sale in the market?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy tax obligations arising from restricted stock unit vesting, so no discretionary buying or selling decision in the market occurred.

How many Spotify (SPOT) shares were withheld for Dustee Jenkins’ taxes?

A total of 362.768 Ordinary Shares were withheld at a reference price of $484.91 per share. This amount reflects the computational result of RSU vesting and related tax withholding, and fractional ordinary shares themselves are not actually issued to the insider.

How many Spotify (SPOT) shares does Dustee Jenkins hold after this Form 4?

Following the tax-withholding disposition, Dustee Jenkins directly holds 37,900.232 Ordinary Shares of Spotify. This post-transaction figure includes the impact of shares withheld for taxes related to the vesting of her restricted stock units on April 1, 2026.

What caused the tax-withholding share disposition for Spotify (SPOT) officer Dustee Jenkins?

The disposition resulted from the vesting of restricted stock units granted to Dustee Jenkins. When these RSUs vested, Spotify withheld 362.768 shares to meet her tax withholding obligation, as described in the footnotes accompanying the Form 4 filing.