Reaume Marty M 4

What Happened Marty M. Reaume, a member of the board of directors of SPS Commerce, was granted 3,736 restricted stock units (RSUs) reported as an award (transaction code A) on May 28, 2026. The Form 4 lists an acquisition price of $0.00 (award), so no cash was paid for the shares. This is a compensation award to a director rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-28; Form 4 filed: 2026-06-01 (filed on the standard due date).
• Reported price: $0.00 per share; total cash reported: $0.
• Shares granted: 3,736 RSUs.
• Shares owned after transaction: not specified in the filing.
• Vesting/footnote: RSUs vest in four equal installments on the last day of each fiscal quarter; first vesting on 2026-06-30, contingent on remaining a board member (per footnote F1).
• Transaction type: Award/Grant (typical director compensation).

Context RSU grants to directors are common as compensation or retention and do not represent an immediate cash investment or sale. These units only convert to actual shares (and potential saleable stock) as they vest; their eventual value will depend on SPS Commerce’s stock price at vesting. This filing is informational and does not by itself indicate a buy/sell signal.