Key facts
- This page summarizes Archie C. Black's Form 4 filing for SPS COMMERCE INC (SPSC).
- 13 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 01 Dec 2023, 16:49.
Archie C. Black - 29 Nov 2023 Form 4 Insider Report for SPS COMMERCE INC (SPSC)
- Reporting relationship
- Director
- Issuer ticker
- SPSC
- Reported as of
- 29 Nov 2023
- Net transaction value
- -$4,049,470
- SEC form
- 4
- Accepted by SEC
- 01 Dec 2023, 16:49:34 UTC
- Prior SEC filing
- 02 Oct 2023
- Next SEC filing
- 02 Jan 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jonathan R. Zimmerman, Attorney-in-Fact for Archie C. Black
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Archie C. Black filed Form 4 for SPS COMMERCE INC (SPSC) on 01 Dec 2023.
Change
- Previous filing in this sequence was filed on 02 Oct 2023.
- Current net transaction value: -$4,049,470.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SPSC
transaction
Common Stock
Options Exercise
- Transaction value
- $1,094,890
- Shares
- +20,075
- Change %
- +33%
- Price
- $54.54
- Shares after
- 80,118
- Date
- 29 Nov 2023
- Ownership
- Direct
- Footnotes
- F1, F2, F3
SPSC
transaction
Common Stock
Sale
- Transaction value
- $1,821,057
- Shares
- -10,615
- Change %
- -13%
- Price
- $171.56
- Shares after
- 69,503
- Date
- 29 Nov 2023
- Ownership
- Direct
- Footnotes
- F1, F4
SPSC
transaction
Common Stock
Sale
- Transaction value
- $569,802
- Shares
- -3,298
- Change %
- -4.7%
- Price
- $172.77
- Shares after
- 66,205
- Date
- 29 Nov 2023
- Ownership
- Direct
- Footnotes
- F1, F5
SPSC
transaction
Common Stock
Sale
- Transaction value
- $245,232
- Shares
- -1,410
- Change %
- -2.1%
- Price
- $173.92
- Shares after
- 64,795
- Date
- 29 Nov 2023
- Ownership
- Direct
- Footnotes
- F1, F6
SPSC
transaction
Common Stock
Sale
- Transaction value
- $431,592
- Shares
- -2,467
- Change %
- -3.8%
- Price
- $174.95
- Shares after
- 62,328
- Date
- 29 Nov 2023
- Ownership
- Direct
- Footnotes
- F1, F7
SPSC
transaction
Common Stock
Sale
- Transaction value
- $102,818
- Shares
- -585
- Change %
- -0.94%
- Price
- $175.76
- Shares after
- 61,743
- Date
- 29 Nov 2023
- Ownership
- Direct
- Footnotes
- F1, F8
SPSC
transaction
Common Stock
Sale
- Transaction value
- $248,017
- Shares
- -1,400
- Change %
- -2.3%
- Price
- $177.16
- Shares after
- 60,343
- Date
- 29 Nov 2023
- Ownership
- Direct
- Footnotes
- F1, F9
SPSC
transaction
Common Stock
Sale
- Transaction value
- $53,342
- Shares
- -300
- Change %
- -0.5%
- Price
- $177.81
- Shares after
- 60,043
- Date
- 29 Nov 2023
- Ownership
- Direct
- Footnotes
- F1, F10
SPSC
transaction
Common Stock
Options Exercise
- Transaction value
- $785,758
- Shares
- +14,407
- Change %
- +24%
- Price
- $54.54
- Shares after
- 74,450
- Date
- 30 Nov 2023
- Ownership
- Direct
- Footnotes
- F1
SPSC
transaction
Common Stock
Sale
- Transaction value
- $1,750,154
- Shares
- -10,271
- Change %
- -14%
- Price
- $170.40
- Shares after
- 64,179
- Date
- 30 Nov 2023
- Ownership
- Direct
- Footnotes
- F1, F11
SPSC
transaction
Common Stock
Sale
- Transaction value
- $708,103
- Shares
- -4,136
- Change %
- -6.4%
- Price
- $171.20
- Shares after
- 60,043
- Date
- 30 Nov 2023
- Ownership
- Direct
- Footnotes
- F1, F12
SPSC
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 400
- Date
- 29 Nov 2023
- Ownership
- By Son I
SPSC
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 400
- Date
- 29 Nov 2023
- Ownership
- By Son II
SPSC
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 400
- Date
- 29 Nov 2023
- Ownership
- By Son III
SPSC
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 400
- Date
- 29 Nov 2023
- Ownership
- By Son IV
SPSC
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 667
- Date
- 29 Nov 2023
- Ownership
- By IRA
SPSC
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 407
- Date
- 29 Nov 2023
- Ownership
- By 401(k) Plan
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SPSC
transaction
Derivative
Stock Option (right to buy)
Options Exercise
- Transaction value
- $0
- Shares
- -20,075
- Change %
- -58%
- Price
- $0.000000
- Shares after
- 14,407
- Date
- 29 Nov 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 20,075
- Exercise price
- $54.54
- Footnotes
- F1, F3, F13
SPSC
transaction
Derivative
Stock Option (right to buy)
Options Exercise
- Transaction value
- $0
- Shares
- -14,407
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 30 Nov 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 14,407
- Exercise price
- $54.54
- Footnotes
- F1, F13
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 13 footnotes
Footnote F1
Stock option exercise and sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2023.
Footnote F2
On July 25, 2019, the Issuer announced that its board of directors declared a two-for-one stock split of the Common Stock of the Issuer, effected in the form of a 100 percent stock dividend as of the record date on August 8, 2019. The stock split dividend was distributed on August 22, 2019, and at that time pursuant to anti-dilution provisions of the Issuer's 2010 Equity Incentive Plan, an option for 17,241 shares of Common Stock held by the reporting person on August 22, 2019 became an option for 34,482 shares of Common Stock.
Footnote F3
This option was previously reported as an option for 17,241 shares of Common stock at an exercise price of $109.07 per share, but was adjusted to reflect the stock dividend declared by the Issuer on July 25, 2019.
Footnote F4
Reflects the weighted average price of 10,615 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $171.38 to $172.35 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.
Footnote F5
Reflects the weighted average price of 3,298 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $172.40 to $173.37 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.
Footnote F6
Reflects the weighted average price of 1,410 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $173.53 to $174.52 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.
Footnote F7
Reflects the weighted average price of 2,467 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $174.53 to $175.47 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.
Footnote F8
Reflects the weighted average price of 585 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $175.59 to $175.88 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.
Footnote F9
Reflects the weighted average price of 1,400 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $176.68 to $177.56 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.
Footnote F10
Reflects the weighted average price of 300 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 29, 2023 with sales prices ranging from $177.70 to $178.00 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.
Footnote F11
Reflects the weighted average price of 10,271 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 30, 2023 with sales prices ranging from $170.00 to $170.99 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.
Footnote F12
Reflects the weighted average price of 4,136 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on November 30, 2023 with sales prices ranging from $171.01 to $171.62 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.
Footnote F13
Fully vested.