Michael B. Gorman, Director at SPS COMMERCE INC (SPSC), sold 25,934 shares at $27.85 ($466K) on 2012-05-16, disclosed to the SEC on 2012-05-18.
Open-market sale of $466k SPSC by Director. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.00 | 9,045 | $0 | 0.0% |
| 2 | $27.85 | 433 | $12K | 2.6% |
| 3 | $27.68 | 3,256 | $90K | 19.3% |
| 4 | $27.58 | 13,200 | $364K | 78.1% |
| Total | $17.98 avg | 25,934 | $466K | 100% |
| Filing → |
| SPSC | SELL | 2011-11-16 | $11K | — | Filing → |
| SPSC | SELL | 2010-04-29 | $1.6M | — | Filing → |