Lundstrom Anna 4

What Happened

• Anna Lundstrom, Chief Human Resources Officer at Spotify (SPOT), was granted 8,607 restricted stock units (RSUs) on May 1, 2026 (awarded at $0). To satisfy tax withholding on the vesting event, 152.28 shares were withheld/disposed at $446.55 per share, producing proceeds of about $68,001. The RSUs are a grant (code A) and the withholding is reported as a tax-withholding disposal (code F).

Key Details

• Transaction date: May 1, 2026. Filing date: May 5, 2026.
• Withheld/disposed: 152.28 shares at $446.55 each — proceeds ≈ $68,001 (tax withholding, code F).
• Awarded/acquired: 8,607 RSUs at $0 (code A) — no cash paid for grant.
• Shares owned after transaction: not specified in the filing.
• Footnotes of note:
  • F1: Shares were withheld to satisfy withholding obligations arising from RSU vesting.
  • F2: Fractional share amounts reflect computation; no fractional ordinary shares are issued.
  • F3: The RSU award vests 3/48ths on Aug 1, 2026, then in equal monthly installments through May 1, 2030; each RSU converts to one ordinary share upon vesting.

Context

• This filing reflects an equity award plus routine tax-withholding (commonly seen when RSUs vest). The withheld shares are not necessarily an open-market discretionary sale for investment purposes but a mechanism to cover tax obligations.
• RSUs are contingent rights to receive shares upon vesting; the listed vesting schedule shows multi-year, time-based vesting.