SPS Commerce officer Jamie J. Thingelstad filed a Form 144 notice on November 6, 2026, disclosing a proposed sale of 11,196 shares of SPS Commerce, Inc. common stock acquired through the exercise of options under a registered plan.

Key Highlights

  • Proposed seller: Jamie J. Thingelstad, an officer of SPS Commerce, Inc.
  • Shares proposed for sale: 11,196 shares of common stock
  • Aggregate market value: $913,496.19
  • Shares outstanding: 35,440,926 shares of common stock
  • Acquisition method: Exercise of options under a registered plan, acquired from the issuer on November 6, 2026, with payment made in cash
  • Approximate date of sale: November 6, 2026, through Morgan Stanley Smith Barney LLC Executive Financial Services
  • Prior three-month sales: Nothing to report

SPS Commerce Officer Files Rule 144 Notice for November 2026 Option Exercise Sale

According to the Form 144 filing submitted to the U.S. Securities and Exchange Commission, Jamie J. Thingelstad, identified as an officer of SPS Commerce, Inc. (NASDAQ:SPSC), provided notice of a proposed sale of 11,196 shares of the company's common stock. The filing lists an aggregate market value of $913,496.19 for the shares proposed to be sold. SPS Commerce, Inc. is headquartered at 333 South Seventh Street, Suite 1000, Minneapolis, Minnesota 55402.

The filing discloses that the 11,196 shares were acquired on November 6, 2026, through the exercise of options under a registered plan, with the issuer named as the person from whom the securities were acquired. The filing states that payment was made in cash on November 6, 2026. The proposed sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, on the NASDAQ exchange.

The filing reports that Thingelstad had no securities sales to report during the three months preceding this notice. The Form 144 notice, dated November 6, 2026, was signed as "/s/ Jaime Thingelstad." Rule 144 notices represent proposed, not completed, transactions; actual sales may differ from the amounts or timing disclosed.

What Was Disclosed

SPS Commerce officer Jamie J. Thingelstad filed a Form 144 notice proposing to sell 11,196 shares of common stock with an aggregate market value of $913,496.19, acquired via option exercise on November 6, 2026, with no prior-three-month sales reported.