Spotify (SPOT) Chief Public Affairs Officer Dustee Jenkins Withholds 428 Shares

What Happened

• Dustee Jenkins, Chief Public Affairs Officer at Spotify (SPOT), had 427.998 shares withheld to satisfy tax withholding arising from the vesting of restricted stock units (RSUs). The shares were valued at $543.62 each for a total withholding value of $232,668 on 2026-09-01.
• This transaction is a tax-withholding/disposition (code F) tied to RSU vesting — a routine administrative action rather than an open-market sale or purchase.

Key Details

• Transaction date: 2026-09-01; Filing date: 2026-09-03 (appears timely for a Form 4 reporting RSU vesting).
• Price per share: $543.62; Shares withheld/disposed: 427.998; Total value: $232,668.
• Shares owned after the transaction: not disclosed in this filing.
• Footnotes: F1 indicates shares were withheld to satisfy tax withholding on RSU vesting; F2 notes fractional-share math — no fractional ordinary shares are issued.
• Transaction type: F (tax withholding) — not a market sale (S) or purchase (P).

Context

• Tax-withholding dispositions for vested RSUs are common and typically administrative; they don't necessarily signal insider sentiment about the company's stock.
• The filing shows a cashless-like withholding to cover taxes; no additional options were exercised for cash proceeds nor were shares sold on the open market as part of this record.