Form 4: Spotify Technology CEO Sells Shares
Insider Transaction (Form 4)
Gustav Soderstrom, Co-Chief Executive Officer and a Director of Spotify Technology S.A., sold 20,910 shares of common stock on October 12, 2026.
Summary
- Option exercise/conversion: acquired 20,910 Ordinary Share at $151.25 ($3,162,638) on October 12, 2026; holds 40,818 after (Direct).
- Open-market sale: disposed of 1,086 Ordinary Share at $527.05 ($572,381) on October 12, 2026; holds 39,732 after (Direct).
- Open-market sale: disposed of 4,081 Ordinary Share at $527.95 ($2,154,574) on October 12, 2026; holds 35,651 after (Direct).
- Open-market sale: disposed of 6,282 Ordinary Share at $529.11 ($3,323,845) on October 12, 2026; holds 29,369 after (Direct).
- Open-market sale: disposed of 1,818 Ordinary Share at $530.21 ($963,926) on October 12, 2026; holds 27,551 after (Direct).
- Open-market sale: disposed of 1,666 Ordinary Share at $531.03 ($884,688) on October 12, 2026; holds 25,885 after (Direct).
- Open-market sale: disposed of 1,850 Ordinary Share at $532.14 ($984,464) on October 12, 2026; holds 24,035 after (Direct).
- Open-market sale: disposed of 2,610 Ordinary Share at $533.03 ($1,391,197) on October 12, 2026; holds 21,425 after (Direct).
- Open-market sale: disposed of 1,517 Ordinary Share at $533.97 ($810,038) on October 12, 2026; holds 19,908 after (Direct).
- Option exercise/conversion: disposed of 20,910 Stock Option on October 12, 2026; holds 83,640 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $11,085,113 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Gustav Soderstrom — Director, Officer (Co-Chief Executive Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-12 | Option exercise/conversion | Ordinary Share | 20,910 | $151 | $3.2M | 40,818.44 |
| 2026-10-12 | Open-market sale | Ordinary Share | 1,086 | $527 | $572.4K | 39,732.44 |
| 2026-10-12 | Open-market sale | Ordinary Share | 4,081 | $528 | $2.2M | 35,651.44 |
| 2026-10-12 | Open-market sale | Ordinary Share | 6,282 | $529 | $3.3M | 29,369.44 |
| 2026-10-12 | Open-market sale | Ordinary Share | 1,818 | $530 | $963.9K | 27,551.44 |
| 2026-10-12 | Open-market sale | Ordinary Share | 1,666 | $531 | $884.7K | 25,885.44 |
| 2026-10-12 | Open-market sale | Ordinary Share | 1,850 | $532 | $984.5K | 24,035.44 |
| 2026-10-12 | Open-market sale | Ordinary Share | 2,610 | $533 | $1.4M | 21,425.44 |
| 2026-10-12 | Open-market sale | Ordinary Share | 1,517 | $534 | $810.0K | 19,908.44 |
| 2026-10-12 | Option exercise/conversion | Stock Option | 20,910 | — | — | 83,640 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-12 | Option exercise/conversion (20,910 shares) |
| 2026-10-12 | Open-market sale (1,086 shares) |
| 2026-10-12 | Open-market sale (4,081 shares) |
| 2026-10-12 | Open-market sale (6,282 shares) |
| 2026-10-12 | Open-market sale (1,818 shares) |
| 2026-10-12 | Open-market sale (1,666 shares) |
| 2026-10-12 | Open-market sale (1,850 shares) |
| 2026-10-12 | Open-market sale (2,610 shares) |
| 2026-10-12 | Open-market sale (1,517 shares) |
| 2026-10-12 | Option exercise/conversion (20,910 shares) |
Keywords
insider transaction, Form 4, SPOT, Spotify Technology S.A., bearish, Gustav Soderstrom
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