Spotify (SPOT) officer has shares withheld to cover RSU tax obligations

Rhea-AI Filing Summary

Spotify Technology S.A. Chief Public Affairs Officer Dustee Jenkins reported a routine share disposition tied to equity compensation. On July 1, 2026, 362.216 ordinary shares were withheld at $459.13 per share to cover tax obligations from the vesting of restricted stock units. Following this tax-withholding event, Jenkins directly held 42,475.586 ordinary shares. The footnotes clarify that the fractional amount shown results from RSU vesting and tax calculations, and that 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	362.216	$459.13	$166K

Holdings After Transaction: Ordinary Share — 42,475.586 shares (Direct, null)

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

Tax-withheld shares: 362.216 shares Withholding price per share: $459.13 per share Shares held after transaction: 42,475.586 shares +1 more

4 metrics

Tax-withheld shares 362.216 shares Shares withheld to satisfy RSU tax obligation on July 1, 2026

Withholding price per share $459.13 per share Value used for RSU-related tax withholding

Shares held after transaction 42,475.586 shares Direct holdings following tax-withholding disposition

Tax-withholding shares (summary) 362.216 shares Reported in transactionSummary as taxWithholdingShares

Key Terms

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

4 terms

restricted stock units ("RSUs") financial

"Shares withheld to satisfy tax withholding obligation 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 of restricted stock units"

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.

ordinary shares financial

"No fractional ordinary shares are issued."

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 04:16 PM Accepted by SEC EDGAR 07/06/2026 - 04:15 PM 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^*

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)
07/01/2026

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	07/01/2026		F		362.216(1)	D	$459.13	42,475.586(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.

	/s/ Sung Lee, Attorney-in-Fact	07/06/2026
	** 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 a tax-related share disposition by Chief Public Affairs Officer Dustee Jenkins. On July 1, 2026, 362.216 ordinary shares were withheld to satisfy tax obligations arising from the vesting of restricted stock units, leaving her with 42,475.586 directly held shares afterward.

Was the Spotify (SPOT) Form 4 transaction an open-market sale?

No, the Form 4 transaction was not an open-market sale. The 362.216 Spotify ordinary shares were withheld by the company to cover Dustee Jenkins’ tax withholding obligation from RSU vesting, a non-discretionary event rather than a voluntary stock sale in the market.

How many Spotify (SPOT) shares were withheld for taxes in this Form 4?

A total of 362.216 Spotify ordinary shares were withheld for taxes. The shares were valued at $459.13 per share and were used to satisfy Dustee Jenkins’ tax withholding obligation triggered by the vesting of restricted stock units awarded as part of her compensation.

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

After the tax-withholding transaction, Dustee Jenkins directly holds 42,475.586 Spotify ordinary shares. This post-transaction balance reflects her remaining equity position following the withholding of 362.216 shares to satisfy the tax obligation from vesting restricted stock units.

What do the RSU-related footnotes in the Spotify (SPOT) Form 4 explain?

The footnotes explain that the shares were withheld to satisfy tax withholding from RSU vesting and clarify the fractional amount reported. They note that the decimal figure results from vesting and tax computations, and that no fractional ordinary shares are actually issued by Spotify in this process.