Spotify Technology S.A. (NYSE: SPOT) officer reports RSU tax withholding
Rhea-AI Filing Summary
Spotify Technology S.A. executive Dustee Jenkins, Chief Public Affairs Officer, reported a tax-related share withholding. On 2026-08-01, 559.0830 Ordinary Shares were withheld at $499.9400 per share to satisfy tax withholding obligations arising from the vesting of restricted stock units. After this non-market disposition, Jenkins directly holds 41,916.5030 Ordinary Shares; fractional amounts reflect calculations, and no fractional ordinary shares are actually issued. The transaction was not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 559.083 shares
Net Sell
1 txn
Insider
Jenkins Dustee
Role
Chief Public Affairs Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Share F1, F2 | 559.083 | $499.94 | $280K |
Holdings After Transaction:
Ordinary Share — 41,916.503 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: 559.0830 shares
Per-Share Value for Withholding: $499.9400 per share
Post-Transaction Holdings: 41,916.5030 shares
3 metrics
Shares Withheld for Taxes
559.0830 shares
Ordinary Shares withheld to satisfy RSU-related tax obligation on 2026-08-01
Per-Share Value for Withholding
$499.9400 per share
Value used for the tax-withholding disposition of 559.0830 shares
Post-Transaction Holdings
41,916.5030 shares
Ordinary Shares directly held by Dustee Jenkins after the withholding
Key Terms
restricted stock units ("RSUs"), tax withholding obligation, Ordinary Share
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 ("RSUs")."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SPOT executive Dustee Jenkins report?
Dustee Jenkins reported a tax-related share withholding, where 559.0830 Spotify Ordinary Shares were withheld to cover tax obligations from vested RSUs, rather than an open-market purchase or sale.
Was Dustee Jenkins’ Spotify (SPOT) transaction under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not checked, indicating the reported tax-withholding disposition of shares was not made pursuant to a Rule 10b5-1 trading plan.