Spotify Co-CEO Gustav Soderstrom sold 20,833 ordinary shares for $10.6 million on August 3, 2026, according to an SEC filing. The sale was executed automatically under a pre-arranged Rule 10b5-1 trading plan, reducing his direct holdings by 51% to 20,142 shares. Soderstrom continues to hold 125,463 derivative securities, including vested and unvested awards. Spotify reported trailing twelve-month revenue of $20.3 billion and net income of $3.2 billion, with a market capitalization of $98.3 billion as of the August 4 close.
Spotify Technology SAInsider sale under pre-arranged plan; no material impact on company fundamentals.
