STOCK TITAN

Spotify Technology S.A. (NYSE: SPOT) officer reports RSU tax withholding

(Moderate)
(Neutral)
Form Type
4

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.

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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)
  1. F1. Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs").
  2. F2. The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued.
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
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")."
Ordinary Share financial
"The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued."
An ordinary share is a unit of ownership in a company that gives the holder a stake in its profits and usually the right to vote on key decisions. Think of it like a slice of a pizza where each slice entitles you to a portion of what’s left after bills are paid; value can rise or fall with the business and may pay dividends, so it matters to investors for income, growth and control.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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.

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

A total of 559.0830 Ordinary Shares of Spotify were withheld at $499.9400 per share to satisfy Jenkins’ tax withholding obligation arising from the vesting of restricted stock units.

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

Following the tax withholding transaction, Dustee Jenkins directly holds 41,916.5030 Ordinary Shares of Spotify. The fractional component reflects calculations; the company states that no fractional ordinary shares are actually issued.

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.

What do the footnotes say about fractional Spotify (SPOT) shares in this Form 4?

The footnotes state that the fractional share amounts reflect computational results from RSU vesting and tax withholding, and that no fractional ordinary shares are issued by Spotify.

What caused the tax withholding transaction for SPOT shares reported by Jenkins?

The withholding of 559.0830 Spotify Ordinary Shares resulted from the vesting of restricted stock units (RSUs), which triggered a tax withholding obligation satisfied by delivering shares.
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Public Affairs Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Share08/01/2026F559.083(1)D$499.9441,916.503(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-Fact08/04/2026
** Signature of Reporting PersonDate
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)