SPOT Spotify Technology S.A. Insider Trading

Director Christopher P Marshall sold 2,650 shares of Spotify (SPOT) at $519.86 for $1.4M; retains 4,039 shares (-39.6%).

Christopher P Marshall, a Spotify director, executed a partial sale of 2,650 shares at $519.86 on 2026-05-26, reducing his non-derivative holdings by 39.6% from 6,689 to 4,039 shares and raising $1,377,629.00. The transaction occurred when SPOT traded at $519.86, which is 34.2% below its 52-week high of $785.00 and 0.3% above its 90-day average, reflecting a stock price that has recovered 19.0% over the past 30 days but remains substantially depressed from peak levels. Marshall retains 4,039 shares post-sale and holds no remaining derivative securities (non-qualified stock options expired to zero), leaving him with a smaller but non-zero equity position in the $106.4B market-cap company.

Spotify Director Sven Lorentzon sells 35,380 shares ($18.6M) at $525.73; retains 6,383 shares post-transaction

Director Sven Hans Martin Lorentzon sold 35,380 shares of Spotify at $525.73 on 2026-05-22, reducing his non-derivative holdings by -84.7% to a remaining 6,383 shares. The transaction occurred at a price that is -34.7% from the 52-week high of $785.00, occurring in a period of modest positive price momentum (30-day change: +3.4%, 90-day change: +3.5%). The derivative holdings table shows zero remaining options, indicating this sale represents a material reduction in his direct equity stake, though the non-derivative holdings filing does not reflect his full economic position through other vehicles.

Director Thomas O Staggs sold 5,477 SPOT shares for $2.9M at $526.00; retains 3,619 shares post-transaction.

Thomas O Staggs, a Director of Spotify, sold 5,477 shares at $526.00 on 2026-05-26 for total proceeds of $2,880,902.00, reducing his non-derivative holdings from 9,096 to 3,619 shares (a -60.2% reduction in that position). The current price of $512.84 is -34.7% from the 52-week high of $785.00, and the stock has appreciated 3.4% over the past 30 days and 3.5% over 90 days. The sale represents a material reduction in his disclosed non-derivative stake, though derivative holdings remain at zero post-transaction. This transaction occurred at a discount to the 52-week range high and warrants examination of whether this sale was scheduled under a trading plan or discretionary.