JAMIE THINGELSTAD - 20 Feb 2026 Form 4 Insider Report for SPS COMMERCE INC (SPSC)

Role
EVP, Chief Technology Officer
Signature
/s/ Jonathan Zimmerman, Attorney-in-Fact for Jamie Thingelstad
Issuer symbol
SPSC
Transactions as of
20 Feb 2026
Net transactions value
-$132,852
Form type
4
Filing time
24 Feb 2026, 16:49:40 UTC
Previous filing
06 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
THINGELSTAD JAMIE EVP, Chief Technology Officer 333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS /s/ Jonathan Zimmerman, Attorney-in-Fact for Jamie Thingelstad 24 Feb 2026 0001187473

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPSC Common Stock Award $0 +23,295 +66% $0.000000 58,762 20 Feb 2026 Direct F1
transaction SPSC Common Stock Sale $104,119 -1,900 -3.2% $54.80 56,862 24 Feb 2026 Direct F2, F3
transaction SPSC Common Stock Sale $28,733 -518 -0.91% $55.47 56,344 24 Feb 2026 Direct F2, F4
holding SPSC Common Stock 446 20 Feb 2026 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 Restricted Stock Unit award that vests as to 25% of the units on each anniversary of the date of the grant.
F2 Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 4, 2025.
F3 Reflects the weighted average price of 1,900 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 24, 2026, with sales prices ranging from $54.35 to $55.31 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 518 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 24, 2026, with sales prices ranging from $55.38 to $55.72 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.