Spotify Technology S.A. executive Alex Norström reported changes in his holdings of Spotify ordinary shares on July 6, 2026, in a Form 4 filed July 8. The filing reflects transactions in Spotify ordinary shares by Norström, including an acquisition of 5,436 shares at $151.25 per share and subsequent market sales made under a prearranged Rule 10b5-1 trading plan adopted on December 11, 2025. The reported activity included sales of Spotify ordinary shares at weighted-average prices, including 1,224 shares sold at $480.3751 per share and 1,409 shares sold at $481.2312 per share. The filing notes that the sale prices were reported as weighted averages, with individual transactions occurring across specified price ranges. One group of shares was sold between $476.00 and $476.96, another between $477.08 and $477.67, another between $478.04 and $478.72, and another between $480.00 and $480.88. As is typical for Form 4 filings, Norström undertook to provide detailed per-price transaction information upon request. The filing also includes an explanatory note that a fractional amount shown in the report resulted from the computational treatment of restricted stock units vesting and tax withholding. Spotify does not issue fractional ordinary shares, so the fractional figure reflects calculation mechanics rather than the delivery of a fractional share. Because the transactions were made pursuant to a Rule 10b5-1 plan, the reported sales appear to have been planned in advance rather than initiated as discretionary open-market trades at the time of sale. Such plans allow insiders to schedule future trades under predetermined conditions, helping address concerns about trading on material nonpublic information.