Norstrom Alex 4

What Happened
Alex Norstrom, CEO of Spotify Technology S.A., had 808.026 restricted stock units (RSUs) withheld to satisfy tax withholding obligations on July 1, 2026. The filing shows 808.026 shares were recorded at $459.13 per share (reported disposal), totaling $370,989. Because of fractional-share rounding rules, no fractional ordinary shares were issued (effectively 808 shares withheld).

Key Details

• Transaction date: 2026-07-01; filing date (Form 4): 2026-07-06.
• Reported amount: 808.026 shares withheld at $459.13/share; reported total $370,989.
• Shares owned after transaction: Not specified in this Form 4.
• Footnotes: F1 — shares withheld to satisfy tax withholding on RSU vesting; F2 — fractional amount shown is computational and no fractional ordinary shares are issued.
• Transaction code: F (tax withholding on vesting) — this is not an open-market sale or purchase.

Context
Tax-withholding dispositions on RSU vesting are routine: the company retains (or cancels) a portion of vested shares to cover tax obligations rather than the insider selling shares on the market. These transactions generally do not indicate a change in the insider’s view of the company’s prospects.