Reller Tami 4

What Happened

• Tami Reller, a director of SPS Commerce (SPSC), received an award of 3,736 restricted stock units (transaction code A) on May 28, 2026. The award is reported at $0 per share (total reported value $0) because it is an equity grant, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-28; Form 4 filed: 2026-06-01 (filed within the two-business-day SEC deadline).
• Transaction type/code: Award/Grant (A).
• Shares granted: 3,736 RSUs; grant price reported as $0.00 (typical for RSU awards).
• Shares owned after transaction: not provided in the summary filing information available here.
• Footnote: The RSUs vest in four equal installments on the last day of each fiscal quarter, with the first vesting on June 30, 2026, provided Reller remains a board member as of each vesting date.

Context

• This was an equity award (RSUs), which does not involve an immediate cash outlay or sale; such grants are common for directors and are not direct indicators of near‑term buying or selling by the insider. Vesting conditions mean the shares will transfer over time if service requirements are met.