Jenkins Dustee 4

What Happened

• Dustee Jenkins, Chief Public Affairs Officer at Spotify Technology S.A. (SPOT), had 362.216 shares withheld to satisfy tax withholding arising from the vesting of restricted stock units (RSUs). The withholding was recorded as a disposition at an implicit price of $459.13 per share, totaling approximately $166,304.
• This was not an open‑market sale but a routine tax-withholding/settlement related to RSU vesting.

Key Details

• Transaction date: 2026-07-01; Filing date (Form 4): 2026-07-06.
• Withheld shares: 362.216 at $459.13 per share; aggregate value reported ≈ $166,304.
• Shares owned after the transaction: not specified in the provided filing.
• Footnotes:
  • F1: Shares were withheld to satisfy tax withholding obligations from RSU vesting.
  • F2: The fractional share figure is a computational result; no fractional ordinary shares are issued.
• Timeliness: The Form 4 was filed five days after the transaction date; Form 4s are typically due within two business days, so this filing appears later than the usual reporting window.

Context

• Tax-withholding upon RSU vesting is a common administrative action (often achieved by withholding or "net settlement") and does not indicate an open-market sale or a discretionary decision to monetize shares.
• For retail investors, such withholdings are routine and generally not a directional signal about an insider's view of the company.