Kimberly K. Nelson - 26 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
26 Feb 2025
Net transactions value
-$754,654
Form type
4
Filing time
28 Feb 2025, 16:22:31 UTC
Previous filing
28 Feb 2025
Next filing
19 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Sale $360,615 -2,646 -1.7% $136.29 154,596 26 Feb 2025 Direct F1, F2
transaction SPSC Common Stock Sale $67,830 -495 -0.32% $137.03 154,101 26 Feb 2025 Direct F1, F3
transaction SPSC Common Stock Sale $151,473 -1,095 -0.71% $138.33 153,006 26 Feb 2025 Direct F1, F4
transaction SPSC Common Stock Sale $174,735 -1,254 -0.82% $139.34 151,752 26 Feb 2025 Direct F1, F5
holding SPSC Common Stock 468 26 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 2,646 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 26, 2025, with sales prices ranging from $135.74 to $136.70 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 495 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 26, 2025, with sales prices ranging from $136.805 to $137.78 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.
F4 Reflects the weighted average price of 1,095 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 26, 2025, with sales prices ranging from $137.83 to $138.73 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 1,254 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 26, 2025, with sales prices ranging from $139.16 to $139.61 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.