McCARTHY BARRY 4

What Happened
Barry McCarthy, a director of Spotify Technology S.A. (SPOT), was granted an award of derivative securities on May 28, 2026: options covering 1,974 shares reported at $0.00 (no cash paid at grant). This was an award/grant (transaction code A), not a purchase or sale — a common form of director compensation.

Key Details

• Transaction date: 2026-05-28 (Form 4 filed 2026-05-29; timely filing).
• Security: Stock option award covering 1,974 shares; reported price $0.00 (derivative grant).
• Vesting: Award vests in equal annual installments through February 15, 2030 (per footnote).
• Shares owned after transaction: Not reported in the provided filing details.
• Filing timeliness: Report appears timely (filed the next day).
• Transaction type: A (award/grant) — not an immediate cash transaction or exercise.

Context
This was an option grant to a board member as part of compensation; the options vest over multiple years and do not represent an immediate sale or purchase of shares. Such awards are routine for executives and directors and do not by themselves indicate an intent to buy or sell stock in the open market.