Spotify (SPOT) Chief Public Affairs Officer Dustee Jenkins Withholds 559 Shares

What Happened

• Dustee Jenkins, Chief Public Affairs Officer at Spotify (SPOT), had 559.083 restricted stock unit (RSU) shares withheld to satisfy tax withholding obligations arising from RSU vesting. The filing lists the disposition as an F-code (payment of tax liability) at a per-share value of $499.94, totaling $279,508. This was a tax-withholding event, not an open-market sale or new purchase.

Key Details

• Transaction date and price: 2026-08-01; 559.083 shares withheld at $499.94 per share (total $279,508).
• Transaction type: F — shares withheld to satisfy tax withholding on RSU vesting (cashless/tax withholding treatment).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 — shares withheld to satisfy tax withholding from RSU vesting; F2 — fractional share shown is a computational result; no fractional ordinary shares are issued.
• Filing: Form 4 filed 2026-08-04; no late filing flag indicated in the provided data.

Context

• This was a tax-withholding event following RSU vesting (a common administrative disposition). It is not an open-market sale that would signal an insider reducing exposure, nor a purchase that would signal added conviction. The fractional-share note means the reported fractional amount is a calculation artifact; actual issued shares were rounded per company practice.