Marty M Reaume sold $394K of SPSC stock

Marty M Reaume, Dir of Sps Commerce Inc (SPSC), sold 4,536 shares of SPSC stock worth $394K, per an SEC Form 4 filed Nov 5, 2026.

The sale was pre-arranged (a 10b5-1 plan or an option exercise), not a fresh decision.

The trade happened on Nov 3, 2026, 2 days before it was made public.

SPSC has moved -4.9% since the trade date, from $85.25 to $81.04 (Nov 9, 2026 close).