Del Preto Joseph 4
4 · SPS COMMERCE INC · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
SPS Commerce CFO Del Preto Receives Restricted Stock Award
What Happened
Del Preto, Executive Vice President and Chief Financial Officer of SPS Commerce, was granted a total of 141,707 restricted stock units (RSUs) on May 7, 2026 (108,467 RSUs and 33,240 RSUs). The awards were reported at a $0.00 acquisition price (typical for RSU compensation grants) and therefore have no immediate cash purchase value.
Key Details
- Transaction date and price: May 7, 2026 — 108,467 RSUs @ $0.00 and 33,240 RSUs @ $0.00 (total 141,707 RSUs).
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 — These RSUs vest 25% on each of March 16, 2027, 2028, 2029 and 2030.
- Filing timeliness: Form 4 filed May 11, 2026; filing is within the standard two-business-day deadline (timely).
Context
RSU grants are a form of compensation and not an open-market purchase or sale; they indicate future equity pay tied to continued service and typically vest over time. Because these are awards (not purchases), they should not be interpreted as a direct buy/sell signal about short-term management sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-07+108,467→ 108,467 total - Award
Common Stock
[F1]2026-05-07+33,240→ 141,707 total
Footnotes (1)
- [F1]Restricted Stock Unit award that vests as to 25% of the units on each of March 16, 2027, March 16, 2028, March 16, 2029, and March 16, 2030.