Spotify Technology: chief public affairs officer Jenkins Dustee received 2,035 RSUs

What happened

• Jenkins Dustee, chief public affairs officer, had 427.446 shares withheld to satisfy tax withholding arising from the vesting of restricted stock units (RSUs) on Oct 1, 2026. The withheld shares are reported disposed at $487.38 per share for $208,329.
• On Oct 1, 2026 the filing also reports an award of 2,035 RSUs (acquired at $0.00) and an award of 6,105 stock options (derivative award acquired at $0.00).

Key details

• Transaction dates and prices:
  • Oct 1, 2026: payment of exercise price or tax liability (F) — 427.446 shares @ $487.38 (disposed) = $208,329.
  • Oct 1, 2026: grant/award/acquisition (A) — 2,035 RSUs @ $0.00 (acquired) = $0.
  • Oct 1, 2026: grant/award/acquisition (A) — 6,105 stock options @ $0.00 (acquired, derivative) = $0.
• Shares owned after the transaction: not reported in this filing.
• Relevant footnotes from the filing:
  • F1: Shares were withheld to satisfy tax withholding obligation arising from RSU vesting.
  • F2: Fractional share amount reflects computational result; no fractional ordinary shares are issued.
  • F3: The 2,035 RSUs vest 3/48ths on Jan 1, 2027, then monthly through Oct 1, 2030; each RSU represents a contingent right to receive one ordinary share.
  • F4: The 6,105 stock options vest 3/48ths on Jan 1, 2027, then monthly through Oct 1, 2030.
• Filing date: Oct 5, 2026 (reporting transactions on Oct 1, 2026).

Why it may matter

• The 427.446-share disposal was a tax-withholding disposition tied to RSU vesting (a cashless withholding to satisfy taxes rather than an open-market sale reported here).
• The filing records new equity awards: RSUs that vest over time and stock options with a similar vesting schedule; these are grants, not exercises of options.
• A filing does not show why the insider traded or why the company acted.