SPS Commerce (SPSC) CFO Joseph Del Preto receives two stock grants

Rhea-AI Filing Summary

SPS Commerce Executive VP and CFO Joseph Del Preto reported two stock-based compensation awards of Common Stock. On May 7, 2026, he acquired 33,240 shares and a separate award of 108,467 shares, both at a stated price of $0.00 per share, reflecting equity grants rather than open‑market purchases.

Following one of the awards, his reported direct holdings for that line item increased to 141,707 shares, while the other award shows 108,467 shares held directly. A footnote explains that one award consists of Restricted Stock Units vesting 25% each on March 16, 2027, March 16, 2028, March 16, 2029, and March 16, 2030, tying the grant to long‑term service‑based vesting.

Insights

Equity compensation analyst

CFO received time‑vested stock awards, a routine compensation grant.

Executive VP and CFO Joseph Del Preto reported two A‑code acquisitions of Common Stock totaling 33,240 and 108,467 shares. Code A and the stated price of $0.00 per share indicate stock-based compensation rather than open‑market buying.

A footnote describes one grant as a Restricted Stock Unit award vesting in four equal installments on March 16, 2027, March 16, 2028, March 16, 2029, and March 16, 2030. With no sales and no derivative exercises reported, this looks like a standard long‑term incentive grant, typically neutral in signaling terms for investors.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Del Preto Joseph

Role EXECUTIVE VP AND CFO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	108,467	$0.00	--
Grant/Award	Common Stock	33,240	$0.00	--

Holdings After Transaction: Common Stock — 108,467 shares (Direct, null)

Footnotes (1)

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Key Figures

First stock grant: 33,240 shares Second stock grant: 108,467 shares Holdings after first grant: 141,707 shares +3 more

6 metrics

First stock grant 33,240 shares Common Stock grant on May 7, 2026

Second stock grant 108,467 shares Common Stock grant on May 7, 2026

Holdings after first grant 141,707 shares Direct Common Stock holdings after one transaction

Holdings after second grant 108,467 shares Direct Common Stock holdings for second award line

RSU vesting schedule start March 16, 2027 First 25% of RSU award vests

RSU vesting schedule end March 16, 2030 Final 25% of RSU award vests

Key Terms

Restricted Stock Unit, Grant, award, or other acquisition, Common Stock, Executive VP and CFO

4 terms

Restricted Stock Unit financial

"Restricted Stock Unit award that vests as to 25% of the units"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Executive VP and CFO financial

"officer_title: EXECUTIVE VP AND CFO"

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^*

Del Preto Joseph

(Last) (First) (Middle)

333 SOUTH SEVENTH STREET

SUITE 1000

(Street)

MINNEAPOLIS MINNESOTA 55402

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	EXECUTIVE VP AND CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

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

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

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

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	05/07/2026		A		108,467(1)	A	$0	108,467	D
Common Stock	05/07/2026		A		33,240(1)	A	$0	141,707	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 (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. Restricted Stock Unit award that vests as to 25% of the units on each of March 16, 2027, March 16, 2028, March 16, 2029, and March 16, 2030.

Remarks:

	/s/ Jonathan R. Zimmerman, Attorney-in-Fact for Joseph Del Preto	05/11/2026
	** 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 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SPS Commerce (SPSC) report for CFO Joseph Del Preto?

SPS Commerce reported that CFO Joseph Del Preto acquired two awards of Common Stock on May 7, 2026, totaling 33,240 shares and 108,467 shares. These were coded as grants at a price of $0.00 per share, indicating stock-based compensation rather than market purchases.

Was the SPS Commerce (SPSC) CFO buying shares on the open market?

No. Both transactions for CFO Joseph Del Preto were coded as “Grant, award, or other acquisition” at $0.00 per share. This shows they were equity compensation grants, not open‑market stock purchases executed through public trading on an exchange.

How many SPS Commerce shares does the CFO hold after these Form 4 transactions?

After one reported grant of 33,240 shares, Joseph Del Preto’s direct holdings for that line item rose to 141,707 shares. The separate 108,467‑share award shows 108,467 direct shares following the transaction, reflecting the newly granted equity position for that award.

What are the vesting terms of the SPS Commerce CFO’s Restricted Stock Unit award?

A footnote states the Restricted Stock Unit award vests 25% on each of March 16, 2027, March 16, 2028, March 16, 2029, and March 16, 2030. This structure ties the compensation to continued service across four consecutive annual vesting dates.

Did the SPS Commerce (SPSC) Form 4 include any stock sales or option exercises?

No. The Form 4 summary shows two acquisition transactions coded as grants, with zero sell transactions, zero exercises, and no tax‑withholding or gift entries. This filing reflects only equity awards granted to the CFO, not dispositions or option exercises.