SPOTNYSERadio Broadcasting StationsFiscal year ends December 31
Spotify Technology S.A.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Feb 10, 2026
$518.76−11.70 (-2.21%)
Close on Oct 19, 2026
Ownership
Who owns Spotify Technology's shares
Held by institutions
–
Shares held, 13F filers
Institutional holders
–
Net institutional buying
–
Insider trades, 12 months
0 buys · 64 sales
Net sold $98.92M
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| D.G.E. Investments Limited | 30,856,376 | 15.60% | 13G (passive) amendment | Dec 31, 2023 |
| Martin Lorentzon | 21,528,184 | 10.90% | 13G (passive) amendment | Dec 31, 2023 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Gustav Soderstrom | Co-Chief Executive Officer, Director | 37,256 | 0.02% | Sep 16, 2026 |
| Alex Norstrom | Co-Chief Executive Officer, Director | 65,964 | 0.03% | Sep 3, 2026 |
| Anna Lundstrom | Chief Human Resources Officer | 16,504 | 0.01% | Sep 3, 2026 |
| Dustee Jenkins | Chief Public Affairs Officer | 39,400 | 0.02% | Sep 3, 2026 |
| Christian Luiga | Chief Financial Officer | 8,923 | 0.00% | Sep 3, 2026 |
| John P. Giraldo | Chief Accounting Officer | 1,852 | 0.00% | Aug 31, 2026 |
| Christopher P. Marshall | Director | 1,077,366 | 0.52% | May 29, 2026 |
| Mona Sutphen | Director | 1,656 | 0.00% | May 29, 2026 |
| Thomas O. Staggs | Director | 26,713 | 0.01% | May 29, 2026 |
| Sven Hans Martin Lorentzon | Director | 19,006,383 | 9.23% | May 29, 2026 |
| Heidi O'Neill | Director | 10,060 | 0.00% | May 29, 2026 |
| Theodore A. Sarandos | Director | 19,907 | 0.01% | May 29, 2026 |
| Shishir Mehrotra | Director | 56,228 | 0.03% | May 29, 2026 |
| BARRY McCARTHY | Director | 351,332 | 0.17% | May 29, 2026 |
| Padmasree Warrior | Director | 11,413 | 0.01% | May 29, 2026 |
| Daniel G. Ek | Director | 11,993,298 | 5.83% | Mar 18, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Gustav Soderstrom Co-Chief Executive Officer, Director | Sep 14, 2026 | Sale(10b5-1 plan) | −2,230 | $541.72 | $1.21M | 37,256 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Sep 14, 2026 | Sale(10b5-1 plan) | −1,259 | $540.69 | $680.73K | 39,486 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Sep 14, 2026 | Sale(10b5-1 plan) | −154 | $539.92 | $83.15K | 40,745 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Sep 14, 2026 | Sale(10b5-1 plan) | −39 | $537.19 | $20.95K | 40,899 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Sep 14, 2026 | Option exercise | +20,913 | $151.25 | $3.16M | 40,938 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Sep 14, 2026 | Sale(10b5-1 plan) | −3,829 | $542.71 | $2.08M | 33,427 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Sep 14, 2026 | Sale(10b5-1 plan) | −4,400 | $544.64 | $2.40M | 25,958 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Sep 14, 2026 | Sale(10b5-1 plan) | −1,958 | $545.60 | $1.07M | 24,000 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Sep 14, 2026 | Sale(10b5-1 plan) | −2,194 | $546.68 | $1.20M | 21,806 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Sep 14, 2026 | Sale(10b5-1 plan) | −755 | $547.81 | $413.60K | 21,051 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Sep 14, 2026 | Sale(10b5-1 plan) | −693 | $548.74 | $380.28K | 20,358 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Sep 14, 2026 | Sale(10b5-1 plan) | −333 | $549.49 | $182.98K | 20,025 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Sep 14, 2026 | Sale(10b5-1 plan) | −3,069 | $543.79 | $1.67M | 30,358 |
| Christian Luiga Chief Financial Officer | Sep 1, 2026 | Tax withholding | −105.11 | $543.62 | $57.14K | 8,923 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Sep 1, 2026 | Tax withholding | −117.18 | $543.62 | $63.70K | 20,025 |
| Dustee Jenkins Chief Public Affairs Officer | Sep 1, 2026 | Tax withholding | −428 | $543.62 | $232.67K | 39,400 |
| Anna Lundstrom Chief Human Resources Officer | Sep 1, 2026 | Tax withholding | −248.57 | $543.62 | $135.13K | 16,504 |
| Alex Norstrom Co-Chief Executive Officer, Director | Sep 1, 2026 | Tax withholding | −809.01 | $543.62 | $439.79K | 65,964 |
| Dustee Jenkins Chief Public Affairs Officer | Aug 14, 2026 | Option exercise | +1,722 | $151.25 | $260.45K | 41,550 |
| Dustee Jenkins Chief Public Affairs Officer | Aug 14, 2026 | Sale | −1,722 | $513.43 | $884.13K | 39,828 |
| Dustee Jenkins Chief Public Affairs Officer | Aug 14, 2026 | Sale | −2,088.27 | $512.50 | $1.07M | 39,828 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −706 | $511.64 | $361.22K | 20,142 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −4,089 | $510.94 | $2.09M | 20,848 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −2,235 | $510.00 | $1.14M | 24,937 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Option exercise | +20,833 | $151.25 | $3.15M | 40,975 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −769 | $500.03 | $384.52K | 40,206 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −744 | $501.17 | $372.87K | 39,462 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −1,666 | $502.07 | $836.45K | 37,796 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −1,574 | $502.90 | $791.56K | 36,222 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −600 | $504.03 | $302.42K | 35,622 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −242 | $504.76 | $122.15K | 35,380 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −2,377 | $508.99 | $1.21M | 27,172 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −2,224 | $508.19 | $1.13M | 29,549 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −2,054 | $506.87 | $1.04M | 31,773 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −1,553 | $506.04 | $785.88K | 33,827 |
| Alex Norstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −1,865 | $502.05 | $936.32K | 68,501 |
| Alex Norstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −1,253 | $501.16 | $627.95K | 70,366 |
| Alex Norstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −254 | $503.86 | $127.98K | 67,088 |
| Alex Norstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Option exercise | +5,436 | $151.25 | $822.20K | 72,209 |
| Alex Norstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −1,159 | $502.86 | $582.81K | 67,342 |
| Alex Norstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −590 | $499.96 | $294.98K | 71,619 |
| Alex Norstrom Co-Chief Executive Officer, Director | Aug 3, 2026 | Sale(10b5-1 plan) | −315 | $506.04 | $159.40K | 66,773 |
| Anna Lundstrom Chief Human Resources Officer | Aug 1, 2026 | Tax withholding | −443.34 | $499.94 | $221.64K | 16,753 |
| Christian Luiga Chief Financial Officer | Aug 1, 2026 | Tax withholding | −315.36 | $499.94 | $157.66K | 9,028 |
| Alex Norstrom Co-Chief Executive Officer, Director | Aug 1, 2026 | Tax withholding | −808.27 | $499.94 | $404.09K | 66,773 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Aug 1, 2026 | Tax withholding | −116.64 | $499.94 | $58.31K | 20,142 |
| Dustee Jenkins Chief Public Affairs Officer | Aug 1, 2026 | Tax withholding | −559.08 | $499.94 | $279.51K | 41,917 |
| Alex Norstrom Co-Chief Executive Officer, Director | Jul 6, 2026 | Sale(10b5-1 plan) | −324 | $477.33 | $154.65K | 72,185 |
| Alex Norstrom Co-Chief Executive Officer, Director | Jul 6, 2026 | Sale(10b5-1 plan) | −135 | $485.47 | $65.54K | 67,622 |
| Alex Norstrom Co-Chief Executive Officer, Director | Jul 6, 2026 | Sale(10b5-1 plan) | −625 | $484.48 | $302.80K | 67,757 |
| Alex Norstrom Co-Chief Executive Officer, Director | Jul 6, 2026 | Option exercise | +5,436 | $151.25 | $822.20K | 73,018 |
| Alex Norstrom Co-Chief Executive Officer, Director | Jul 6, 2026 | Sale(10b5-1 plan) | −509 | $476.31 | $242.44K | 72,509 |
| Alex Norstrom Co-Chief Executive Officer, Director | Jul 6, 2026 | Sale(10b5-1 plan) | −40 | $486.00 | $19.44K | 67,582 |
| Alex Norstrom Co-Chief Executive Officer, Director | Jul 6, 2026 | Sale(10b5-1 plan) | −385 | $478.45 | $184.20K | 71,800 |
| Alex Norstrom Co-Chief Executive Officer, Director | Jul 6, 2026 | Sale(10b5-1 plan) | −1,224 | $480.38 | $587.99K | 70,576 |
| Alex Norstrom Co-Chief Executive Officer, Director | Jul 6, 2026 | Sale(10b5-1 plan) | −1,409 | $481.23 | $678.05K | 69,167 |
| Alex Norstrom Co-Chief Executive Officer, Director | Jul 6, 2026 | Sale(10b5-1 plan) | −635 | $482.37 | $306.30K | 68,532 |
| Alex Norstrom Co-Chief Executive Officer, Director | Jul 6, 2026 | Sale(10b5-1 plan) | −150 | $483.64 | $72.55K | 68,382 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Jul 6, 2026 | Option exercise | +20,833 | $151.25 | $3.15M | 41,092 |
| Gustav Soderstrom Co-Chief Executive Officer, Director | Jul 6, 2026 | Sale(10b5-1 plan) | −1,376 | $474.96 | $653.54K | 39,716 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Gustav Victor Soderstrom Stig Officer | Sep 14, 2026 | 83,643 | $46.53M | Sep 14, 2026 | Acquired as compensation -- Stock Options |
| Jenkins Dustee Officer | Aug 14, 2026 | 3,813 | $1.96M | Aug 14, 2026 | Stock Option Exercise |
| Gustav Victor Soderstrom Stig Officer | Jul 6, 2026 | 41,666 | $20.13M | Jul 6, 2026 | Acquired as compensation -- Stock Options |
| Ming Norstroem Alex Officer | Jul 6, 2026 | 10,872 | $5.25M | Jul 6, 2026 | Acquired as compensation -- Stock Options |
| Christopher P. Marshall for the benefit of TCV VIII Management, L.L.C. and TCV XI Management, L.L.C. Director | May 26, 2026 | 2,650 | $1.38M | May 26, 2026 | Stock Option Exercise |
| Staggs Thomas Director | May 26, 2026 | 5,477 | $2.88M | May 26, 2026 | Stock Option Exercise |
| Lorentzon Martin Director | May 22, 2026 | 35,380 | $18.60M | May 22, 2026 | Stock Option Exercise |
| Gustav Victor Soderstrom Stig Officer | Mar 16, 2026 | 83,334 | $43.67M | Mar 16, 2026 | Acquired as compensation -- Stock Options |
| Ming Norstroem Alex Officer | Mar 16, 2026 | 21,745 | $11.39M | Mar 16, 2026 | Acquired as compensation -- Stock Options |
| Jenkins Dustee Officer | Mar 10, 2026 | 1,975 | $1.06M | Mar 10, 2026 | Restricted Stock |
| Mehrotra Shishir Director | Mar 5, 2026 | 5,630 | $3.10M | Mar 5, 2026 | Stock Option Exercise |
| Sutphen Mona Director | Jun 5, 2025 | 2,758 | $1.94M | Jun 5, 2025 | Stock Option Exercise |
| Jenkins Dustee Officer | Jun 5, 2025 | 3,384 | $2.41M | Jun 5, 2025 | RESTRICTED STOCK |
| Company Limited Rosello Director | May 21, 2025 | 1,000,000 | $658.61M | May 21, 2025 | Founder's Shares |
| Barry McCarthy William Director | May 20, 2025 | 30,595 | $20.01M | May 16, 2025 | Exercise of options under a registered plan |