Spotify Chief Public Affairs Officer Receives Equity Grants and Withholds Shares for Taxes

Executive Summary

On October 5, 2026, Dustee Jenkins, Chief Public Affairs Officer of Spotify Technology S.A. ($SPOT), filed a Form 4 disclosing equity incentive transactions executed on October 1, 2026. The filing reports a routine tax withholding transaction alongside new grants of Restricted Stock Units (RSUs) and stock options.

Transaction Details

• Tax Withholding (Code F): 427.446 Ordinary Shares were withheld at $487.38 per share (total value of ~$208,328.64) to satisfy tax liabilities associated with RSU vesting.
• RSU Award (Code A): 2,035 RSUs were granted with $0 exercise price. Vesting begins with 3/48ths on January 1, 2027, followed by equal monthly installments through October 1, 2030.
• Stock Option Grant (Code A): 6,105 options were granted at an exercise price of $491.40 with an expiration date of October 1, 2031, following a vesting schedule identical to the RSU award.
• Post-Transaction Direct Ownership: Following these transactions, Jenkins directly holds 41,007.794 Ordinary Shares.

Market & Trading Significance

This filing carries Low trading significance as it does not reflect discretionary open-market buying or selling. The disposition was non-discretionary tax withholding (Code F), and the acquisitions represent regular executive equity compensation awards.