Spotify CEO Soderstrom has 117 shares withheld

Spotify’s co-CEO had shares withheld to cover taxes on RSU vesting, leaving a reported direct holding of just over 20,025 ordinary shares.

Rhea-AI Filing Summary

Spotify Technology S.A. (SPOT) reported that Co-Chief Executive Officer and director Gustav Soderstrom had 117.18 ordinary shares withheld on September 1, 2026 to satisfy a tax withholding obligation arising from the vesting of restricted stock units. This was not an open-market sale. After this withholding, he directly holds 20,025.08 ordinary shares, with the fractional amount reflecting RSU and tax computations; no fractional shares are actually issued.

Insider Trade Summary

Tax Withholding: 117.18 shares

Tax Withholding 1 txn

Insider Soderstrom Gustav

Role Co-Chief Executive Officer

Type	Security	Shares	Price	Value
Tax Withholding	Ordinary Share F1, F2	117.18	$543.62	$64K

Holdings After Transaction: Ordinary Share — 20,025.08 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.

Key Figures

Shares withheld for taxes: 117.18 shares Per-share value for withheld shares: $543.62 per share Shares held after transaction: 20,025.08 shares

3 metrics

Shares withheld for taxes 117.18 shares Ordinary shares withheld on September 1, 2026 to satisfy tax withholding obligation from RSU vesting

Per-share value for withheld shares $543.62 per share Valuation used for the 117.18 shares withheld for tax purposes

Shares held after transaction 20,025.08 shares Directly held Spotify ordinary shares reported after the tax-withholding event

Key Terms

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

3 terms

restricted stock units ("RSUs") financial

"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"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SPOT report for Gustav Soderstrom?

Spotify reported that 117.18 ordinary shares were withheld on September 1, 2026 to satisfy Gustav Soderstrom’s tax withholding obligation from RSU vesting, rather than being sold in the open market.

How many Spotify (SPOT) shares does Gustav Soderstrom hold after this Form 4 transaction?

After the reported tax-withholding event, Gustav Soderstrom directly holds 20,025.08 ordinary shares. The fractional amount reflects RSU vesting and tax computations, and no fractional ordinary shares are issued.

Was the SPOT insider transaction a market sale or tax withholding?

The transaction was a tax-withholding disposition: shares were withheld to pay tax on vested RSUs. The filing describes it as a payment of tax liability by delivering or withholding securities, not as a market sale or purchase.

At what price were the withheld SPOT shares valued in this Form 4?

The 117.18 ordinary shares withheld for tax purposes were valued at $543.62 per share, according to the Form 4 data for the September 1, 2026 transaction.

Is Gustav Soderstrom’s SPOT transaction under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote stating that the September 1, 2026 tax-withholding transaction was carried out under a Rule 10b5-1 trading plan.

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

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Available on EDGAR 09/03/2026 - 05:53 PM EDT Accepted by SEC EDGAR 09/03/2026 - 04:29 PM EDT 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^*

Soderstrom Gustav

(Last) (First) (Middle)

C/O SPOTIFY AB

REGERINGSGATAN 19

(Street)

STOCKHOLM 11153

(City) (State) (Zip)

SWEDEN

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026

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	09/01/2026		F		117.18(1)	D	$543.62	20,025.08(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	09/03/2026
	** 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)