Kimberly K. Nelson - 05 Feb 2025 Form 4 Insider Report for SPS COMMERCE INC (SPSC)

Role
EVP & CFO
Signature
/s/ Jonathan R. Zimmerman, attorney-in-fact for Kimberly K. Nelson
Issuer symbol
SPSC
Transactions as of
05 Feb 2025
Net transactions value
-$1,682,318
Form type
4
Filing time
07 Feb 2025, 17:23:39 UTC
Previous filing
03 Feb 2025
Next filing
28 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Sale $362,826 -2,012 -1.3% $180.33 154,280 05 Feb 2025 Direct F1, F2
transaction SPSC Common Stock Sale $982,135 -5,424 -3.5% $181.07 148,856 05 Feb 2025 Direct F1, F3
transaction SPSC Common Stock Sale $300,810 -1,654 -1.1% $181.87 147,202 05 Feb 2025 Direct F1, F4
transaction SPSC Common Stock Sale $36,547 -200 -0.14% $182.74 147,002 05 Feb 2025 Direct F1, F5
holding SPSC Common Stock 435 05 Feb 2025 By 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 20, 2024.
F2 Reflects the weighted average price of 2,012 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 5, 2025, with sales prices ranging from $179.60 to $180.59 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
F3 Reflects the weighted average price of 5,424 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 5, 2025, with sales prices ranging from $180.60 to $181.58 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
F4 Reflects the weighted average price of 1,654 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 5, 2025, with sales prices ranging from $181.60 to $182.53 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
F5 Reflects the weighted average price of 200 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 5, 2025, with sales prices ranging from $182.73 to $182.78 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.