Gustav Soderstrom, Co-Chief Executive Officer and Director of Spotify Technology S.A., filed a statement of changes in beneficial ownership on November 3, 2026, reporting a disposition of ordinary shares on November 1, 2026 related to restricted stock unit vesting.

Key Highlights

  • Reporting Person: Gustav Soderstrom, identified in the filing as Co-Chief Executive Officer and Director of Spotify Technology S.A. (NYSE:SPOT)
  • Transaction Date: November 1, 2026, involving ordinary shares of Spotify Technology S.A.
  • Shares Disposed: 116.64 ordinary shares withheld at a price of $593.44 per share to satisfy tax obligations arising from RSU vesting
  • Remaining Beneficial Ownership: 19,791.8 ordinary shares held directly following the reported transaction
  • Transaction Code: F, indicating shares withheld for tax withholding purposes, not an open-market sale
  • Fractional Shares: The filing notes that the fractional amount shown "reflects the computational result of RSU vesting and tax withholding" and that "no fractional ordinary shares are issued"

Soderstrom RSU Vesting and Tax Withholding at Spotify

According to the filing, Gustav Soderstrom, who serves as Co-Chief Executive Officer and Director at Spotify Technology S.A., reported a single non-derivative transaction on November 1, 2026. The transaction involved 116.64 ordinary shares disposed of under transaction code F, at a price of $593.44 per share. The filing states that these shares were withheld to satisfy a tax withholding obligation arising out of the vesting of restricted stock units (RSUs), and not as a voluntary open-market sale.

Spotify Technology S.A. is the issuer, listed on the NYSE under the ticker symbol SPOT. The company operates a global audio streaming platform, and its executive compensation structure, as reflected in this filing, includes equity-based awards in the form of RSUs. Following the tax withholding transaction, Soderstrom's direct beneficial ownership of Spotify ordinary shares stood at 19,791.8 shares, according to the filing. The filing also clarifies that the fractional share figure results from the computational process of RSU vesting and withholding, with no fractional ordinary shares actually issued.

The filing was signed by Sung Lee as Attorney-in-Fact on November 3, 2026. No derivative securities were reported in Table II of the filing, and there is no indication in the filing that the transaction was made pursuant to a Rule 10b5-1 trading plan.

What Was Disclosed

The filing reports that Spotify Co-CEO Gustav Soderstrom had 116.64 ordinary shares withheld at $593.44 each on November 1, 2026 to cover taxes from RSU vesting, leaving him with direct beneficial ownership of 19,791.8 ordinary shares.