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Spotify Technology SA

03/18/2026 | Press release | Distributed by Public on 03/18/2026 14:16

Initial Statement of Beneficial Ownership (Form 3)

FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Soderstrom Gustav
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
Spotify Technology S.A. [SPOT]
(Last) (First) (Middle)
33 BOULEVARD PRINCE HENRI
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Co-Chief Executive Officer
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)
LUXEMBOURG L-1724
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Ordinary Share 20,726(1) D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (2) 03/01/2027 Ordinary Share 229,628 $151.25 D
Stock Option (3) 03/01/2028 Ordinary Share 244,212 $117.2 D
Stock Option (4) 03/01/2029 Ordinary Share 109,596 $263.75 D
Stock Option (5) 05/01/2030 Ordinary Share 31,133 $602.26 D
Stock Option (6) 01/01/2031 Ordinary Share 129,152 $580.71 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Soderstrom Gustav
33 BOULEVARD PRINCE HENRI
LUXEMBOURG L-1724
X Co-Chief Executive Officer

Signatures

/s/ Sung Lee, Attorney-in-fact 03/18/2026
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes 8,216 restricted stock units ("RSUs"), which vest in accordance with the terms of the applicable awards. Each RSU represents a contingent right to receive one Ordinary Share.
(2) The stock option is fully vested and currently exercisable.
(3) The stock option is vested and exercisable with respect to 177,659 Ordinary Shares and will vest with respect to the remaining shares in substantially equal monthly installments through March 1, 2027.
(4) The stock option is vested and exercisable with respect to 38,506 Ordinary Shares and will vest with respect to the remaining shares in substantially equal monthly installments through March 1, 2028.
(5) The stock option is vested and exercisable with respect to 6,486 Ordinary Shares and will vest with respect to the remaining shares in substantially equal monthly installments through May 1, 2029.
(6) The stock option will vest as to 6.25% of the total number of the stock option on April 1, 2026 and then will vest in substantially equal monthly installments through January 1, 2030.

Remarks:
Exhibit 24 - Power of Attorney.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
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