Mehrotra Shishir 4

What Happened

• Shishir Mehrotra, a director of Spotify Technology S.A. (SPOT), was granted an award (transaction code A) on 2026-05-28 covering 3,948 shares. The filing reports $0 paid for the award (derivative grant), i.e., this is an options/award grant rather than a market purchase or sale.

Key Details

• Transaction date: 2026-05-28 (Form 4 filed 2026-05-29)
• Transaction type/code: Award/Grant (A) — derivative securities (stock option award)
• Shares covered: 3,948 underlying shares
• Reported price/consideration: $0.00 (no cash exchanged at grant)
• Vesting: Award vests in equal annual installments through February 15, 2030 (per footnote)
• Shares owned after transaction: Not specified in the filing
• Timeliness: Filed one day after the grant date—within the typical Form 4 reporting window (not flagged as late)

Context

• This filing documents an award of options/stock units, not an immediate purchase or sale. Such grants are standard compensation for executives and directors; they do not represent a realized cash value until options are exercised or shares are sold. The vesting schedule means the award will become exercisable/owned incrementally through 2030.