Company insider dossier

SPS Commerce Inc insider intelligence

SPSC filings assessed for conviction, transaction quality, insider breadth, clustering, freshness, and price confirmation.

Terminal chart Weekly report Factor intelligence Technology Software - Application Data API
63/100

Accumulation bias

55/100 confidence
Exchange
NASDAQ
Sector
Technology
Industry
Software - Application
Latest evidence
28 May 2026

Investment committee read

Accumulation bias

Priced common-share acquisitions carry more weighted evidence than disposals after freshness, role, size, and duplicate controls.

Watch for market confirmation

Evidence in favour

  • Participation spans 10 named insiders rather than one filing source.

Decision risks

  • Most filings are awards, derivatives, unpriced common shares, or other securities and remain contextual.
  • The latest qualifying filing is more than 30 days old.
Conviction63Accumulation bias
Confidence55Developing
Named insiders10participating in the tape
Controlled events4directional common-share events
Acquisition value$103.6Knormalized amount
Disposal value$114.9Knormalized amount

Price confirmation map

Weekly price with common-share events

Acquisitions and disposals are aligned to the nearest completed weekly bar.

150.94126.00101.0676.1151.17 Acquisition · 28 May 2026 · Not reportedAcquisition · 28 May 2026 · Not reportedAcquisition · 28 May 2026 · Not reportedAcquisition · 28 May 2026 · Not reportedAcquisition · 28 May 2026 · Not reportedAcquisition · 8 May 2026 · Not reportedDisposal · 7 May 2026 · $57.0KAcquisition · 7 May 2026 · $51.8KDisposal · 7 Apr 2026 · $57.9KAcquisition · 7 Apr 2026 · $51.8K
Feb 2025Aug 2026
Weekly closeCommon-share acquisitionCommon-share disposal

Market confirmation

Price and trend context

Latest close
73.38 USD
One-week move
-0.0%
Four-week move
+20.6%
Fair-value gap
-47.8%
Trend signal
Inactive
Relative strength
-18.2

Directional balance

Controlled event mix

50.0%acquisition
Acquisition events
2
Disposal events
2
Net value
-$11.3K

Cadence

Twelve-week filing pressure

Volume shows attention. Controlled events determine direction.

825 May
001 Jun
008 Jun
015 Jun
022 Jun
029 Jun
006 Jul
013 Jul
020 Jul
027 Jul
003 Aug
010 Aug

Named participants

Insider conviction by person

REAUME, MARTY MDirector634 events
CHIMA, FUMBI F.Director500 events
DEL, PRETO JOSEPHEXECUTIVE VP AND CFO500 events
GAURAV, RAZATDirector500 events
MCCONNELL, MICHAEL JDirector500 events
PARTIN, MARKDirector500 events
RELLER, TAMIDirector500 events
SORAN, PHILIPDirector500 events
THINGELSTAD, JAMIEEVP, Chief Technology Officer500 events
WARD, ANNE SEMPOWSKIDirector500 events

Evidence quality

Security and transaction context

Common equity10
Equity compensation0
Options and derivatives2
Other securities5

Role architecture

Who is participating

Director14
Finance leadership2
Other executive1

Transaction evidence

Auditable SPSC filing ledger

Showing 1 to 17 of 17.

CHIMA, FUMBI F.Director
AcquisitionOther securities
3736 sharesCommon Stock
Not reportedContext evidence
GAURAV, RAZATDirector
AcquisitionOther securities
3736 sharesCommon Stock
Not reportedContext evidence
MCCONNELL, MICHAEL JDirector
AcquisitionCommon equity
3736 sharesCommon Stock
Not reportedContext evidence
PARTIN, MARKDirector
AcquisitionOther securities
3736 sharesCommon Stock
Not reportedContext evidence
REAUME, MARTY MDirector
AcquisitionCommon equity
3736 sharesCommon Stock
Not reportedContext evidence
RELLER, TAMIDirector
AcquisitionCommon equity
3736 sharesCommon Stock
Not reportedContext evidence
SORAN, PHILIPDirector
AcquisitionCommon equity
3736 sharesCommon Stock
Not reportedContext evidence
WARD, ANNE SEMPOWSKIDirector
AcquisitionCommon equity
3736 sharesCommon Stock
Not reportedContext evidence
THINGELSTAD, JAMIEEVP, Chief Technology Officer
AcquisitionCommon equity
39433 sharesCommon Stock
Not reportedContext evidence
DEL, PRETO JOSEPHEXECUTIVE VP AND CFO
AcquisitionOther securities
33240 sharesCommon Stock
Not reportedContext evidence
DEL, PRETO JOSEPHEXECUTIVE VP AND CFO
AcquisitionOther securities
108467 sharesCommon Stock
Not reportedContext evidence
REAUME, MARTY MDirector
DisposalOptions and derivatives
1000 sharesStock Option (right to buy)
Not reportedContext evidence
REAUME, MARTY MDirector
DisposalCommon equity
1000 sharesCommon Stock
$57.0KDirectional evidence
REAUME, MARTY MDirector
AcquisitionCommon equity
1000 sharesCommon Stock
$51.8KDirectional evidence
REAUME, MARTY MDirector
DisposalOptions and derivatives
1000 sharesStock Option (right to buy)
Not reportedContext evidence
REAUME, MARTY MDirector
DisposalCommon equity
1000 sharesCommon Stock
$57.9KDirectional evidence
REAUME, MARTY MDirector
AcquisitionCommon equity
1000 sharesCommon Stock
$51.8KDirectional evidence

Reading the dossier

Direction and confidence are separate

Conviction

The 0 to 100 score classifies deduplicated priced common-share evidence. Fifty is balanced or non-directional.

Confidence

Confidence rises with controlled event depth, named-insider breadth, fresh evidence, normalized values, and a longer observation span.

Disposals

Selling is not treated as the mirror image of buying. It carries less directional weight because taxes, diversification, compensation, and planned transactions can all create sales.

Price confirmation

The market chart tests whether the filing thesis is being confirmed or rejected by price, fair-value position, relative strength, and the current trend state.

Independent market research for education. This classification is not investment advice, a recommendation, a forecast, or an execution instruction.

Evidence context