Trade Summary

1 week ago, Collins Chadwick, serving as CEO at Sps Commerce Inc (SPSC), sold 13,384 shares at $58.66 per share, for a total transaction value of $785,128.00. Following this transaction, Collins Chadwick now holds 174,238 shares of SPSC.

This sale represents a 7.00% decrease in Collins Chadwick's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, February 20, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, February 24, 2026, 4 days after the trade was made.

Sps Commerce Inc operates in the TECHNOLOGY sector, specifically within the SOFTWARE - APPLICATION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.