SPS Commerce director McConnell files initial Form 3

SPS Commerce Inc filed an initial insider ownership report for director Michael J. McConnell on Form 3.

Rhea-AI Filing Summary

SPS Commerce Inc filed an initial insider ownership report for director Michael J. McConnell on Form 3. This filing establishes his status as a reporting insider of the company but does not list any specific share transactions or changes in ownership.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 3 filing by Michael J. McConnell for SPSC indicate?

The Form 3 filing shows that Michael J. McConnell is now a reporting director of SPS Commerce Inc. It establishes his insider status with the SEC but does not report any stock purchases, sales, or changes in his ownership position.

Does the SPSC Form 3 for Michael J. McConnell report any stock transactions?

No, the Form 3 for Michael J. McConnell lists no reported transactions or share amounts. It functions as an initial beneficial ownership statement, confirming his role as a director subject to ongoing insider reporting obligations under SEC rules.

Why is Michael J. McConnell required to file a Form 3 for SPS Commerce Inc (SPSC)?

Form 3 is required when someone becomes an insider, such as a director, of a public company like SPS Commerce Inc. This filing formally starts his obligation to report future changes in beneficial ownership through subsequent Forms 4 or 5.

How does Michael J. McConnell’s Form 3 affect SPSC shareholders?

The Form 3 itself does not change shareholder value; it is a disclosure of insider status. It signals that McConnell, as a director, must publicly report future trades in SPS Commerce Inc shares, improving transparency around insider activity.

Are any ownership details disclosed in the SPSC Form 3 for Michael J. McConnell?

The provided data do not list specific share amounts or transaction details for Michael J. McConnell. The filing mainly identifies him as a director and establishes his reporting relationship with SPS Commerce Inc under SEC beneficial ownership rules.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/23/2026 - 04:06 PM EST Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

McConnell Michael J

(Last) (First) (Middle)

333 SOUTH SEVENTH STREET

SUITE 1000

(Street)

MINNEAPOLIS MN 55402

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/12/2026

3. Issuer Name and Ticker or Trading Symbol
SPS COMMERCE INC [ SPSC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

No securities are beneficially owned.

	/s/ Jonathan R. Zimmerman, Attorney-in-Fact for Michael J. McConnell	02/23/2026
	** Signature of Reporting Person	Date
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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.