SPS COMMERCE INC — Director's Dealing 2025

Feb 28, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2025-02-26

Reporting Person: Nelson Kimberly K. (EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-26	Common Stock	S	2646	$136.287	Disposed	154596	Direct
2025-02-26	Common Stock	S	495	$137.0308	Disposed	154101	Direct
2025-02-26	Common Stock	S	1095	$138.3319	Disposed	153006	Direct
2025-02-26	Common Stock	S	1254	$139.3419	Disposed	151752	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	467.804	Indirect

Footnotes

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.