SPS Commerce EVP Receives 11,627 RSU Grant, Updates Previous Filing
SPS Commerce has filed an amended Form 4/A to correct previously reported insider trading activity for Dan Juckniess, EVP and Chief Sales Officer.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,627 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. Restricted Stock Unit award that vests as to 25% of the units on each anniversary of the date of the grant.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction was amended for SPSC's EVP Dan Juckniess in June 2025?
What is the vesting schedule for SPSC EVP Dan Juckniess's February 2025 RSU grant?
What was the purchase price of the RSUs granted to SPSC's Chief Sales Officer?
When was the original Form 4 filed for this SPSC insider transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.