Sps Commerce Inc director Marty M Reaume sells $393,982 of SPSC shares
4,536 shares sold on the open market on Nov 3, at about $86.86 each.
Marty M Reaume, a director of Sps Commerce Inc (SPSC), sold 4,536 shares on Nov 3 at an average price of $86.86, a total of about $390,000, according to a Form 4 filed with the SEC on Nov 5.
The filing does not mark the sale as made under a Rule 10b5-1 trading plan. The sale reduces the insider's holding by 26%, to 12,894 shares.
The trade was reported within two business days, as Section 16 requires.
Figures come from the Form 4 filed with the SEC; the table lists the open-market rows this article covers.
| Company | Sps Commerce Inc (SPSC) |
|---|---|
| Insider | Marty M Reaume |
| Role | Director |
| Transaction | Open-market sale (code S) |
| Shares | 4,536 |
| Average price | $86.86 |
| Value | $393,982 |
| Trade date | Nov 3, 2026 |
| Filed with the SEC | Nov 5, 2026, 5:38 PM ET |
| Shares held after | 12,894 |
| Ownership | Direct |
| Rule 10b5-1 plan | Not marked in the filing |
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Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.