Spotify (NYSE: SPOT) exec stock withheld to cover RSU taxes

Rhea-AI Filing Summary

Spotify Technology S.A. Chief Public Affairs Officer Dustee Jenkins had shares withheld to cover taxes on vested RSUs. On this Form 4, 362.768 ordinary shares were disposed of at $497.68 per share as a tax-withholding disposition related to restricted stock unit vesting, not an open-market sale. After this transaction, Jenkins directly holds 42,837.802 ordinary shares.

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	$497.68	$181K

Holdings After Transaction: Ordinary Share — 42,837.802 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-withholding shares: 362.768 shares Per-share value: $497.68 per share Post-transaction holdings: 42,837.802 shares +1 more

4 metrics

Tax-withholding shares 362.768 shares Ordinary shares withheld to satisfy RSU tax obligation

Per-share value $497.68 per share Value associated with tax-withholding disposition of ordinary shares

Post-transaction holdings 42,837.802 shares Ordinary shares directly held after tax-withholding disposition

Tax-withholding transactions 1 transaction, 362.768 shares Summary of tax withholding activity in this Form 4

Key Terms

restricted stock units ("RSUs"), tax withholding obligation, tax-withholding disposition

3 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"

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition" for ordinary share transaction"

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.

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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)
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		362.768(1)	D	$497.68	42,837.802(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)

FAQ

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

Spotify reported a tax-withholding disposition by Chief Public Affairs Officer Dustee Jenkins. A portion of vested restricted stock units was withheld as ordinary shares to satisfy tax obligations, rather than being sold in the open market.

How many Spotify shares were withheld for Dustee Jenkins' RSU taxes?

A total of 362.768 ordinary shares of Spotify were withheld. These shares covered the tax withholding obligation arising from the vesting of restricted stock units, according to the Form 4 and its accompanying footnotes.

What price per share is shown for Dustee Jenkins' tax-withholding shares at Spotify?

The Form 4 shows a value of $497.68 per share for the 362.768 ordinary shares used to satisfy tax withholding. This figure is part of the computational result associated with the restricted stock unit vesting event.

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

Following the tax-withholding disposition, Dustee Jenkins directly holds 42,837.802 ordinary shares of Spotify. This post-transaction balance is disclosed in the Form 4 as the total shares beneficially owned after the event.

Does Dustee Jenkins' Spotify Form 4 indicate an open-market sale of shares?

No. The Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to cover tax obligations from restricted stock unit vesting, as clarified in the footnotes.