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  4. [Form 4/A] SPS Commerce, Inc. Amended Insider Trading Activity

SPS Commerce Sales Chief Granted $2M+ in Stock Awards with 4-Year Vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

SPS Commerce has filed an amended Form 4/A to correct previously reported insider trading activity for Dan Juckniess, EVP and Chief Sales Officer. The amendment rectifies an error from the February 28, 2025 filing which incorrectly reported awards meant for a different reporting person.

Key transaction details:

  • Transaction Date: February 18, 2025
  • Securities Acquired: 11,627 Restricted Stock Units (RSUs)
  • Acquisition Price: $0
  • Vesting Schedule: 25% annually over four years
  • Current Holdings: 31,802 shares (Direct ownership) and 348.8 shares (Indirect through 401(k) Plan)

This amended filing ensures accurate disclosure of Mr. Juckniess's beneficial ownership position in compliance with SEC regulations under Section 16(a) of the Securities Exchange Act of 1934.

Positive

  • EVP & Chief Sales Officer received 11,627 RSUs as part of performance-based compensation, demonstrating long-term retention incentives with 4-year vesting schedule

Negative

  • None.
Insider Juckniess Dan
Role EVP, Chief Sales Officer
Type Security Shares Price Value
Grant/Award Common Stock 11,627 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 31,802 shares (Direct); Common Stock — 348.8 shares (Indirect, By 401(k) Plan)
Footnotes (1)
  1. This amendment corrects the amounts reported on the Form 4/A filed on February 28, 2025 for the reporting person, which inadvertently reported the awards granted to a different reporting person. Restricted Stock Unit award that vests as to 25% of the units on each anniversary of the date of the grant.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Juckniess Dan
(Last) (First) (Middle)
333 SOUTH SEVENTH STREET
SUITE 1000
(Street)
MINNEAPOLIS MN 55402
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SPS COMMERCE INC [ SPSC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Sales Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/28/2025 		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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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
Common Stock 02/18/2025 A 11,627(1)(2) A $0 31,802 D
Common Stock 348.8 I By 401(k) Plan
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Explanation of Responses:
1. This amendment corrects the amounts reported on the Form 4/A filed on February 28, 2025 for the reporting person, which inadvertently reported the awards granted to a different reporting person.
2. Restricted Stock Unit award that vests as to 25% of the units on each anniversary of the date of the grant.
Remarks:
/s/ Jonathan R. Zimmerman, Attorney-in-Fact for Dan Juckniess 06/27/2025
** 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 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).
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction was amended for SPSC's EVP Dan Juckniess in June 2025?

Dan Juckniess's Form 4 from February 28, 2025 was amended to correct the Restricted Stock Unit (RSU) award amount to 11,627 shares, which was initially reported incorrectly with another reporting person's awards. The RSUs vest 25% annually from the grant date.

How many shares of SPSC does Dan Juckniess own directly after the reported transaction?

Following the reported RSU grant, Dan Juckniess directly owns 31,802 shares of SPSC common stock. Additionally, he indirectly owns 348.8 shares through his 401(k) plan.

What is the vesting schedule for SPSC EVP Dan Juckniess's February 2025 RSU grant?

The Restricted Stock Unit award granted to Dan Juckniess vests in four equal installments, with 25% of the units vesting on each anniversary of the grant date.

What was the purchase price of the RSUs granted to SPSC's Chief Sales Officer?

The 11,627 Restricted Stock Units were granted to Dan Juckniess, EVP and Chief Sales Officer, at a price of $0 per unit.

When was the original Form 4 filed for this SPSC insider transaction?

The original Form 4 for this transaction was filed on February 28, 2025, reporting a transaction that occurred on February 18, 2025.