Dustee Jenkins, Chief Public Affairs Officer of Spotify Technology S.A. (NYSE:SPOT), filed a Form 4 on August 18, 2026, disclosing a series of transactions in Ordinary Shares and a stock option exercise dated August 14, 2026.

Key Highlights

  • Shares sold (first transaction): Jenkins disposed of 2,088.265 Ordinary Shares at a price of $512.495 per share on August 14, 2026.
  • Option exercised: Jenkins exercised a stock option for 1,722 Ordinary Shares at an exercise price of $151.25 per share, with the option reported as fully vested and currently exercisable.
  • Shares sold (second transaction): Jenkins disposed of 1,722 Ordinary Shares at a price of $513.4251 per share on August 14, 2026.
  • Remaining beneficial ownership: Following all reported transactions, Jenkins directly beneficially owned 39,828.238 Ordinary Shares, with the filing noting that the fractional amount reflects prior RSU vesting and tax withholding and that no fractional ordinary shares are issued.
  • Remaining derivative securities: After the option exercise, 1,377 stock option shares remain, with an exercise price of $151.25 and an expiration date of March 1, 2027.

Details of Jenkins's August 14, 2026 Transactions in Spotify Ordinary Shares

According to the filing, Jenkins executed three transactions on August 14, 2026. The first was a disposition (transaction code S) of 2,088.265 Ordinary Shares at $512.495 per share. The second was an acquisition (transaction code M) of 1,722 Ordinary Shares resulting from the exercise of a stock option at $151.25 per share. The third was a further disposition (transaction code S) of 1,722 Ordinary Shares at $513.4251 per share.

In Table II, the filing reports that the stock option carrying an exercise price of $151.25 was exercised on August 14, 2026, delivering 1,722 Ordinary Shares. The option is described in the filing as "fully vested and currently exercisable," with an expiration date of March 1, 2027. Following the exercise, 1,377 stock option shares remain directly held by Jenkins.

The filing notes that the fractional share figure of 39,828.238 in beneficial ownership "reflects the computational result of previous RSU vesting and tax withholding" and that "no fractional ordinary shares are issued." All reported ownership is held directly. The Form 4 was signed by Sung Lee as Attorney-in-Fact on August 18, 2026.

What Was Disclosed

Jenkins's Form 4 disclosed two open-market sales, one stock option exercise, and the resulting beneficial ownership in Spotify Ordinary Shares, all with transactions dated August 14, 2026, and the filing submitted August 18, 2026.