Jenkins Dustee 4

What Happened

Dustee Jenkins, Spotify's Chief Public Affairs Officer, had 362.768 restricted stock unit (RSU) shares withheld to satisfy tax withholding obligations arising from RSU vesting. The filing reports the shares valued at $497.68 each, for a total of $180,542. This is a tax-withholding disposal (routine) rather than an open-market sale intended as investment action.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (timely filing).
• Shares involved: 362.768 shares withheld; per filing price: $497.68; total value reported: $180,542.
• Post-transaction ownership: Not specified in the information provided in this summary (check the full Form 4 for total holdings).
• Footnotes: F1 — shares withheld to satisfy tax withholding on RSU vesting; F2 — fractional amount shown is computational; no fractional ordinary shares are issued (fraction likely settled in cash).
• Transaction code: F (tax withholding on vesting), treated as a disposal in the filing.

Context

This transaction reflects standard tax withholding when RSUs vest and does not necessarily indicate insider sentiment about Spotify stock. Because shares were withheld to cover taxes (a common administrative action), it differs from an intentional sale on the open market. For full details or to see total insider holdings, review the complete Form 4 (Accession: 0001628280-26-040482).