Spotify CEO Alex Norstrom RSU Tax Withholding — 809 Shares

What Happened Alex Norstrom, CEO of Spotify Technology S.A. (SPOT), had 809.007 restricted stock units (RSUs) withheld to satisfy tax withholding obligations when RSUs vested on 2026-09-01. The withholding was reported as a disposition (code F) at an implied value of $543.62 per share, totaling approximately $439,792. No open-market sale was reported — the shares were retained by the company to cover tax.

Key Details

• Transaction date: 2026-09-01; Form 4 filed 2026-09-03.
• Withheld shares: 809.007 ordinary shares at $543.62 = ~$439,792.
• Transaction code: F (shares withheld to satisfy tax withholding on RSU vesting).
• Shares owned after transaction: not disclosed in the filing.
• Footnotes: F1 — shares withheld to satisfy tax withholding from RSU vesting; F2 — fractional amount is computational only; no fractional ordinary shares are issued.
• Filing timeliness: not indicated as late in the filing.

Context This was a routine tax-withholding event tied to RSU vesting, not an open-market sale or purchase. Withholdings like this are common when restricted awards vest and do not necessarily reflect the insider's view on the company’s stock.