Director Marty M Reaume filed a Form 144 notice of proposed sale of 4,536 shares of SPS Commerce, Inc. common stock on November 3, 2026, following the exercise of options under a registered plan.

Key Highlights

  • Seller: Marty M Reaume, identified in the filing as a Director of SPS Commerce, Inc.
  • Shares proposed for sale: 4,536 shares of common stock, with an aggregate market value of $393,982.44.
  • Source of shares: Exercise of options under a registered plan, acquired from the Issuer on November 3, 2026, with payment made in cash.
  • Approximate date of sale: November 3, 2026, through broker Morgan Stanley Smith Barney LLC Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.
  • Total shares outstanding: 35,440,926 shares of common stock, according to the filing.
  • Prior sales: The filing reports nothing to report for securities sold during the past 3 months.

SPS Commerce Director Files Form 144 for Proposed 4,536-Share Sale

According to the Form 144 filing submitted to the U.S. Securities and Exchange Commission on November 3, 2026, Marty M Reaume, a Director of SPS Commerce, Inc. (NASDAQ:SPSC), has provided notice of a proposed sale of 4,536 shares of the company's common stock. The filing lists the aggregate market value of the shares to be sold as $393,982.44. The shares are proposed to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services.

The filing indicates that the securities were acquired on November 3, 2026, through the exercise of options under a registered plan, with the Issuer listed as the person from whom the shares were acquired. Payment was made in cash on November 3, 2026. The filing notes that total shares of common stock outstanding for SPS Commerce, Inc. number 35,440,926. The notice was filed with the SEC File Number 001-34702, and the issuer address is listed as 333 South Seventh Street, Suite 1000, Minneapolis, Minnesota 55402.

Regarding prior sales activity, the filing states "Nothing to Report" for securities sold during the past three months by the person for whose account the securities are to be sold. The notice was signed as "/s/ Martha Reamue" and dated November 3, 2026. By signing the notice, the filer represented, as stated in the filing, that the person "does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed."

What Was Disclosed

A Form 144 notice was filed on November 3, 2026, disclosing that SPS Commerce Director Marty M Reaume proposes to sell 4,536 shares of common stock, valued at $393,982.44 in aggregate, acquired through the exercise of options under a registered plan.