Sec Form 4 Filing - Norstrom Alex @ Spotify Technology S.A. - 2026-04-01

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Norstrom Alex 2. Issuer Name and Ticker or Trading Symbol Spotify Technology S.A. [ SPOT] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Co-Chief Executive Officer (Last) (First) (Middle) C/O SPOTIFY AB, REGERINGSGATAN 19 3. Date of Earliest Transaction (MM/DD/YY) 04/01/2026 (Street) STOCKHOLM111 53 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Ordinary Share 04/01/2026 F 807.71 ( 1 ) D $ 484.91 69,989.29 ( 2 ) D Ordinary Share 04/01/2026 M 5,436 ( 3 ) A $ 151.25 75,425.29 ( 2 ) D Ordinary Share 04/01/2026 S 5,436 ( 3 ) D $ 479.5124 ( 4 ) 69,989.29 ( 2 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Stock Option $ 151.25 04/01/2026 M 5,436 ( 3 ) ( 5 ) 03/01/2027 Ordinary Share 5,436 $ 0 21,744 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Norstrom Alex C/O SPOTIFY AB REGERINGSGATAN 19 STOCKHOLM111 53 X Co-Chief Executive Officer Signatures /s/ Sung Lee, Attorney-in-fact 04/03/2026 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs") ( 2 )The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued. ( 3 )Transaction made pursuant to a Rule 10b-51 trading plan adopted by the Reporting Person on December 11, 2025 ( 4 )The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $477.0600 to $483.2200, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. ( 5 )The stock option is fully vested and currently exercisable.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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