Every Form 4 that SPS Commerce, Inc. (SPSC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow SPSC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SPSC filings page.
Gaurav Razat reported acquisition or exercise transactions in this Form 4 filing.
SPS Commerce director Gaurav Razat received a new equity grant in the form of restricted stock units. The award covers 3,736 shares of Common Stock at no cash cost, reflecting stock-based compensation rather than an open-market purchase.
The footnotes explain that these restricted stock units will vest in four equal installments on the last day of each fiscal quarter, starting on June 30, 2026, as long as Razat continues serving on the board through each vesting date. Following this grant, Razat directly holds 5,046 shares of SPS Commerce common stock.
SPS Commerce director Michael J. McConnell received a stock-based compensation grant. He acquired 3,736 shares of SPS Commerce common stock on May 28, 2026 through a restricted stock unit award at no cash cost. Following this grant, he directly holds 7,187 shares.
The award will vest in four equal installments on the last day of each fiscal quarter, beginning on June 30, 2026, as long as he continues to serve on the board through each vesting date.
Partin Mark reported acquisition or exercise transactions in this Form 4 filing.
SPS Commerce director Mark Partin received an equity grant of 3,736 shares of Common Stock as a restricted stock unit award. The award vests in four equal installments on the last day of each fiscal quarter, starting on June 30, 2026, if he remains on the board at each vesting date. Following this award, he holds 6,221 shares of Common Stock directly.
Reaume Marty M reported acquisition or exercise transactions in this Form 4 filing.
SPS Commerce director Marty M. Reaume received a grant of 3,736 shares of Common Stock in the form of restricted stock units. The award was made at no cash cost per share and increased his direct holdings to 12,894 shares after the transaction.
The footnotes state that these restricted stock units will vest in four equal installments on the last day of each fiscal quarter, beginning on June 30, 2026, as long as he continues to serve on the board on each vesting date.
Reller Tami reported acquisition or exercise transactions in this Form 4 filing.
SPS Commerce director Tami Reller received an equity grant in the form of restricted stock units covering 3,736 shares of common stock. This is a compensation-related award rather than an open‑market purchase.
After this grant, Reller directly holds 54,908 shares. The award will vest in four equal installments on the last day of each fiscal quarter, starting on June 30, 2026, as long as she continues to serve on the board through each vesting date.
SORAN PHILIP reported acquisition or exercise transactions in this Form 4 filing.
SPS Commerce director Philip Soran received an equity grant in the form of restricted stock units. On May 28, 2026, he was awarded 3,736 shares of Common Stock at no cash cost as a grant or award, increasing his direct holdings to 25,913 shares.
The award vests in four equal installments on the last day of each fiscal quarter, with the first vesting on June 30, 2026, as long as he continues serving on the board through each vesting date. This is a routine, compensation-related equity grant rather than an open‑market stock purchase or sale.
Chima Fumbi F. reported acquisition or exercise transactions in this Form 4 filing.
SPS Commerce director Fumbi F. Chima reported receiving an equity award of 3,736 shares of Common Stock as a grant, not a market purchase. The award is structured as restricted stock units that carry no purchase price. Following this grant, Chima directly holds 7,187 shares of SPS Commerce common stock.
The restricted stock unit award will vest in four equal installments on the last day of each fiscal quarter, starting on June 30, 2026, as long as Chima remains a member of the board on each vesting date. This filing reflects routine director compensation rather than an open-market transaction.
Ward Anne Sempowski reported acquisition or exercise transactions in this Form 4 filing.
SPS Commerce director Anne Sempowski Ward received a grant of 3,736 shares of Common Stock in the form of a restricted stock unit award. The grant price is shown as $0.00 per share, indicating it is compensation rather than an open-market purchase.
These restricted shares will vest in four equal installments on the last day of each fiscal quarter, with the first vesting on June 30, 2026, as long as she remains a board member on each vesting date. After this award, she directly holds 7,870 shares of SPS Commerce common stock.
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.
THINGELSTAD JAMIE reported acquisition or exercise transactions in this Form 4 filing.
SPS Commerce EVP and CTO Jamie Thingelstad received a new equity award. He was granted 39,433 shares of common stock as a restricted stock unit award at a stated price of $0.0000 per share. The award vests in four equal 25% installments on each anniversary of the grant date. Following this grant, he directly holds 95,777 shares of common stock and also has 499.189 shares held indirectly through a 401(k) plan.
SPS Commerce director Marty M. Reaume reported an exercise-and-sell transaction in company stock. On May 7, 2026, Reaume exercised stock options for 1,000 shares of common stock at $51.80 per share, then sold 1,000 shares in an open-market sale at an average price of $57.03 per share. After these transactions, Reaume directly holds 9,158 shares of SPS Commerce common stock. The filing notes the option exercise and sale were carried out under a pre-arranged Rule 10b5-1 trading plan, indicating the activity was scheduled in advance rather than timed opportunistically.
SPS Commerce director Marty M. Reaume exercised stock options for 1,000 shares of common stock at $51.80 per share and on the same day sold 1,000 shares at $57.90 per share. These transactions were carried out under a pre-arranged Rule 10b5-1 trading plan. Following the sale, he holds 9,158 common shares directly.
SPS Commerce director Tami Reller exercised stock options for 5,732 shares of Common Stock on March 13, 2026. The options had a $51.80 per share exercise price. After the exercise, she directly owned 51,172 shares of SPS Commerce Common Stock. No shares were reported as sold in this filing.
SPS Commerce director Marty M. Reaume exercised stock options to acquire 1,000 shares of Common Stock at an exercise price of $51.80 per share, then sold 1,000 shares at $62.73 per share the same day. The filing notes these option exercises and sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 10, 2025. Following the transactions, Reaume directly holds 9,158 shares of SPS Commerce Common Stock.
SPS Commerce Chief Executive Officer Chadwick Collins reported both stock sales and an equity award in company common stock. On February 20, 2026, he executed three open-market sales totaling 13,384 shares at weighted average prices of $58.0937, $59.1809, and $59.7180 per share under a pre-arranged Rule 10b5-1 trading plan adopted on September 12, 2025.
On the same date, Collins also received a grant of 101,932 shares of common stock as a restricted stock unit award, which vests 25% on each anniversary of the grant date. After these transactions, he directly owned 72,241 shares of SPS Commerce common stock and indirectly held 65.166 shares through a 401(k) plan.
SPS Commerce Executive Vice President and CFO Kimberly K. Nelson reported multiple stock transactions. On February 20, 2026, she sold a total of 6,300 shares of common stock in three open-market trades under a Rule 10b5-1 trading plan adopted on May 1, 2025. The weighted average sale prices ranged from $57.55 to $59.91 per share.
On the same date, she acquired 39,689 shares through a restricted stock unit award that vests 25% on each anniversary of the grant date. After these transactions, she directly owned 145,452 shares of common stock and held an additional 476.375 shares indirectly through a 401(k) plan.
SPS Commerce executive Eduardo Rosini received a grant of 29,335 shares of Common Stock on February 20, 2026, reported as a grant, award, or other acquisition at a price of $0.00 per share. The award is in the form of Restricted Stock Units that vest 25% on each anniversary of the grant date.
After this award, Rosini directly owned 109,860 shares of SPS Commerce Common Stock and indirectly held 10.469 shares through a 401(k) plan. The vesting schedule means the units convert into shares over four years, subject to the stated time-based conditions.
Chima Fumbi F. reported acquisition or exercise transactions in this Form 4 filing.
SPS Commerce director Fumbi F. Chima received an equity award of 3,451 shares of common stock in the form of restricted stock units. The award was granted at no cash cost per share and represents her total reported direct holdings after the transaction. These units will vest in equal monthly installments over 36 months, as long as she continues to serve on the board on each vesting date, aligning her compensation with the company’s long-term performance.
SPS Commerce director Michael J. McConnell reported an equity award of company stock. He acquired 3,451 shares of common stock in the form of a restricted stock unit grant at no stated purchase price.
The award will vest in equal monthly installments over 36 months, as long as he continues to serve on the board on each vesting date. After this grant, he is reported as directly owning 3,451 shares tied to this award.
SPS Commerce executive Jamie Thingelstad reported both a stock award and stock sales. On February 20, 2026, he acquired 23,295 shares of Common Stock as a grant, described as a restricted stock unit award vesting 25% on each anniversary of the grant date. On February 24, 2026, he executed open-market sales totaling 2,418 shares of Common Stock in multiple transactions at weighted average prices of $54.7994 for 1,900 shares and $55.4686 for 518 shares, under a Rule 10b5-1 trading plan adopted on November 4, 2025. Following these transactions, he directly owned 56,344 shares of Common Stock and indirectly held 445.857 shares through a 401(k) plan.
SPS Commerce director Marty M. Reaume reported option-related transactions in company stock. On February 9, 2026, Reaume exercised a stock option for 1,000 shares of common stock at $51.80 per share and then sold 1,000 shares at $79.92 per share.
After these transactions, Reaume directly owned 9,158 shares of SPS Commerce common stock and 3,000 stock options. The filing states the option exercise and sale were carried out under a Rule 10b5-1 trading plan adopted on September 10, 2025, indicating the trades were pre-arranged.
SPS Commerce director Marty M. Reaume reported an automatic option exercise and related stock sales. On January 7, 2026, Reaume exercised a stock option for 1,732 shares of common stock at an exercise price of $51.80 per share, increasing direct holdings to 10,890 common shares and 4,000 option shares. On the same day, Reaume sold 400 shares at a weighted average price of $91.3958 and 1,332 shares at a weighted average price of $92.5194, both through multiple transactions, reducing direct common stock ownership to 9,158 shares. The filing notes that the transactions were carried out under a Rule 10b5-1 trading plan adopted on September 10, 2025 and that the exercised option is fully vested.
SPS Commerce director Form 4 shows routine stock option activity. On 11/18/2025, the reporting person exercised a stock option for 5,732 shares of Common Stock at an exercise price of $51.8 per share, converting it into Common Stock. On the same date, 3,717 shares were disposed of in a transaction coded "F," typically used for tax withholding, at a price of $79.89 per share. After these transactions, the reporting person directly owned 22,177 shares of SPS Commerce common stock. The option exercised had previously been adjusted from 2,866 to 5,732 shares due to a two-for-one stock split effected as a 100 percent stock dividend announced on July 25, 2019, and is reported as fully vested.
SPS Commerce (SPSC) reported a director equity grant on Form 4. On 11/06/2025, the reporting person acquired 2,485 shares of Common Stock at $0 via restricted stock units. These RSUs vest in 36 monthly installments beginning on the first day of the month after the director’s initial appointment to the board, subject to continued board service on each vest date. Following the transaction, 2,485 shares were beneficially owned, held directly.
SPS Commerce (SPSC) executive Jamie Thingelstad (EVP, Chief Technology Officer) reported insider transactions on 11/04/2025. He exercised 8,118 stock options at $54.54 (code M) and had 6,621 shares withheld to cover taxes at $82.53 (code F). Following these transactions, he beneficially owns 35,467 shares directly and 438.1 shares indirectly via a 401(k) plan. The exercised option related to 8,118 underlying shares, was fully vested, and showed 0 derivative securities remaining after the transaction; the listed expiration date was 02/19/2026.