Spotify CHRO Disposes Shares for Tax Withholding (RSU Vesting)

Executive Summary

On November 3, 2026, Spotify Technology S.A. ($SPOT) filed a Form 4 disclosing that Chief Human Resources Officer Anna Lundstrom disposed of 249.108 ordinary shares on November 1, 2026. The transaction was valued at approximately $147,830.65 at an effective price of $593.44 per share.

Transaction Details

• Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities)
• Nature of Transaction: Non-discretionary share withholding to cover tax liabilities associated with the vesting of restricted stock units (RSUs).
• Shares Disposed: 249.108 ordinary shares
• Price per Share: $593.44
• Total Consideration: $147,830.65
• Post-Transaction Direct Ownership: 16,004.676 ordinary shares

Market & Trading Significance

This transaction carries Low market significance. Transaction Code 'F' represents automatic share withholding by the issuer to satisfy statutory tax obligations triggered by RSU vesting rather than an open-market, discretionary decision to sell shares. Ms. Lundstrom retains a substantial holding of over 16,000 ordinary shares.