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sellWeak cluster of 310b5-1 plan

Marty M Reaume sold $80k of SPSC

director at SPS COMMERCE INC. 1,000 shares at an average of $79.92, traded Feb 9, 2026, filed Feb 11, 2026.

Warning score
4
Value
$80k
1,000 shares
Holdings after
9,158
-10% from before
From 52-week low
0%
low $75.48, close $75.48
From 52-week high
-57%
high $177.17, as of Feb 9, 2026

Score components

  • Role
    Director
    +15
  • Trade size
    $80k at market
    +9
  • Share of holdings sold
    Sold 9.8% of holdings
    0
  • Cluster
    3 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -11.7%, 3m -27.2%, 6m +11.5%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

SPSCOct 9, 2026 · close 84.59
Since filing Feb 11, 2026: +23.4%SPY +13.4% · excess +10.0%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001735354-26-000008, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Feb 9, 2026MOption exercise
Common Stock10b5-1
+1,000$51.80$52k10,158Feb 11, 2026
Feb 9, 2026SOpen-market sale
Common Stock10b5-1
-1,000$79.92$80k9,158Feb 11, 2026
Feb 9, 2026MOption exercise
Stock Option (right to buy)derivative10b5-1
-1,000$0.00$03,000Feb 11, 2026

Related signals

Other insiders at SPS COMMERCE INC and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
0Weak
SPSCsell10b5-1
SPS COMMERCE INC
Marty M Reaume
director
$57k
1,000 shares
-10%
0Weak
SPSCsell10b5-1
SPS COMMERCE INC
Marty M Reaume
director
$58k
1,000 shares
-10%
0Weak
SPSCsell 210b5-1
SPS COMMERCE INC
Marty M Reaume
director
$63k
1,000 shares
-10%
47Moderate
SPSCsell 410b5-1
SPS COMMERCE INC
Chadwick Collins
Chief Executive Officer
$785k
13,384 shares
-16%
32Weak
SPSCsell 410b5-1
SPS COMMERCE INC
Kimberly K. Nelson
EVP & CFO
$370k
6,300 shares
-4%
21Weak
SPSCsell 410b5-1
SPS COMMERCE INC
Jamie Thingelstad
EVP, Chief Technology Officer
$133k
2,418 shares
-4%
0Weak
SPSCsell10b5-1
SPS COMMERCE INC
Marty M Reaume
director
$160k
1,732 shares
-16%
33Weak
SPSCsell 210b5-1
SPS COMMERCE INC
Chadwick Collins
Chief Executive Officer
$662k
4,512 shares
-0%
21Weak
SPSCsell 210b5-1
SPS COMMERCE INC
Dan Juckniess
EVP, Chief Sales Officer
$490k
3,326 shares
-0%
30Weak
SPSCsell10b5-1
SPS COMMERCE INC
Dan Juckniess
EVP, Chief Sales Officer
$2.3M
12,214 shares
-38%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Marty M Reaume sold $80k of SPSC | InsiderTell