Razat Gaurav - 01 May 2025 Form 4 Insider Report for SPS COMMERCE INC (SPSC)

Role: Director
Signature: /s/ Jonathan R. Zimmerman, Attorney-in-Fact for Razat Gaurav
Issuer symbol: SPSC
Transactions as of: 01 May 2025
Net transactions value: $0
Form type: 4
Filing time: 05 May 2025, 16:12:59 UTC
Previous filing: 14 Mar 2025
Next filing: 15 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Gaurav Razat	Director	333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS	/s/ Jonathan R. Zimmerman, Attorney-in-Fact for Razat Gaurav	05 May 2025	0002058150

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SPSC	Stock Option (right to buy)	Award	$0	+3,648		$0.000000	3,648	01 May 2025	Common Stock	3,648	$142.09	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This option vests in equal monthly installments over three years commencing on March 1, 2025, provided the recipient remains a member of the Issuer board of directors as of the vesting date.