Spotify Technology S.A. insider Alex Norstrom reported a series of same-day changes in ownership of Spotify ordinary shares on July 6, 2026, centered on an option-related acquisition and subsequent sales under a prearranged trading plan. The filing shows Norstrom acquired 5,436 Spotify ordinary shares at $151.25 per share, consistent with an option exercise or similar conversion reported under transaction code “M.” The exercise price implies an aggregate exercise cost of about $822,195. The document also references restricted stock unit activity, noting that a fractional amount shown in the filing resulted from the computational effect of RSU vesting and tax withholding, and that no fractional ordinary shares were actually issued. Norstrom also sold Spotify ordinary shares on July 6 in multiple open-market sale transactions reported under transaction code “S.” Among the disclosed sale lots were 1,224 shares sold at a weighted average price of $480.3751 per share and 1,409 shares sold at a weighted average price of $481.2312 per share. Those two listed lots alone generated roughly $1.27 million in gross proceeds before commissions, taxes, and other costs. The filing states that the sales were made.