Jenkins Dustee 4

What Happened

• Dustee Jenkins, Chief Public Affairs Officer at Spotify (SPOT), had 362.768 restricted stock units (RSUs) withheld to satisfy tax withholding obligations tied to RSU vesting. The filing reports the shares were valued at $484.91 each for a total disposition value of $175,910. This was a tax-withholding disposal (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-04-01 at $484.91 per share
• Shares involved: 362.768 RSUs withheld (reported as disposed)
• Total value of shares withheld: $175,910
• Shares owned after transaction: not specified in the filing
• Footnotes: F1 — shares withheld to satisfy tax withholding on RSU vesting; F2 — fractional share shown is computational; no fractional ordinary shares are issued
• Filing timeliness: Report filed 2026-04-03 for a 2026-04-01 transaction (timely)

Context

• This is a routine tax-withholding action when RSUs vest: the company retains (withholds) some vested shares to cover the insider’s tax liability. It is not an indication of a discretionary market sale or change in investment view. Transaction code F denotes tax withholding rather than a sale to a third party.