SPS COMMERCE INC — Director's Dealing 2026

Feb 24, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPS COMMERCE INC (SPSC)
CIK: 0001092699
Period of Report: 2026-02-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-20	Common Stock	S	3700	$58.0868	Disposed	148052	Direct
2026-02-20	Common Stock	S	1200	$59.1854	Disposed	146852	Direct
2026-02-20	Common Stock	S	1400	$59.7027	Disposed	145452	Direct
2026-02-20	Common Stock	A	39689	—	Acquired	185141	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	476.375	Indirect

Footnotes

F1: Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 1, 2025.

F2: Reflects the weighted average price of 3,700 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 20, 2026, with sales prices ranging from $57.55 to $58.46 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 1,200 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 20, 2026, with sales prices ranging from $58.55 to $59.51 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 1,400 shares of Common Stock of the Issuer sold by the reporting person in multiple transactions on February 20, 2026, with sales prices ranging from $59.55 to $59.91 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: Restricted Stock Unit award that vests as to 25% of the units on each anniversary of the date of the grant.