Spotify (SPOT) CHRO Anna Lundstrom Withholds 249 Shares for Taxes

What Happened

• Anna Lundstrom, Chief Human Resources Officer at Spotify Technology S.A., had 248.568 shares withheld on 2026-09-01 to satisfy tax withholding associated with the vesting of restricted stock units (RSUs). The withholding amount is reported at $543.62 per share, totaling approximately $135,127. This was a tax-withholding disposition of shares (not an open-market sale).

Key Details

• Transaction date: 2026-09-01; Form 4 filed: 2026-09-03 (appears timely).
• Price used for valuation: $543.62 per share.
• Shares withheld/disposed: 248.568 (reported as a fractional computation; no fractional ordinary shares are issued).
• Total value of withheld shares: ~$135,127.
• Footnotes: F1 — shares were withheld to satisfy tax withholding on RSU vesting; F2 — fractional amount reflects computational result; no fractional shares issued.
• Shares owned after transaction: not specified in the provided filing.

Context

• This is a routine tax-withholding transaction triggered by RSU vesting and should not be interpreted as a market-directional open-market sale. The company retained the withheld shares to satisfy the tax obligation rather than Lundstrom selling shares on the open market.