SPS COMMERCE INC — Director's Dealing 2025

Nov 6, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2025-11-04

Reporting Person: THINGELSTAD JAMIE (EVP, Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-04	Common Stock	M	8118	$54.54	Acquired	42088	Direct
2025-11-04	Common Stock	F	6621	$82.53	Disposed	35467	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-11-04	Stock Option (right to buy)	$54.54	M	8118	Disposed	2026-02-19	Common Stock (8118)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	438.1	Indirect

Footnotes

F1: Fully vested.