FALSE000109269900010926992025-05-132025-05-13

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
May 13, 2025
Date of report (Date of earliest event reported)
SPS COMMERCE, INC. 
(Exact Name of Registrant as Specified in its Charter)
Delaware 001-34702 41-2015127
(State of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.)
 
333 South Seventh Street, Suite 1000
Minneapolis, Minnesota
 55402
(Address of Principal Executive Offices) (Zip Code)
 
(612) 435-9400 
(Registrant's Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $0.001 per shareSPSC
The Nasdaq Stock Market LLC
(Nasdaq Global Market)
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act
 




Item 5.07. Submission of Matters to a Vote of Security Holders.
On May 13, 2025, the Company held its 2025 Annual Meeting of Stockholders and the Company's stockholders voted on the following matters:
1.Election of Directors
The following nominees were elected to serve as directors for a term that will last until the Company’s 2026 Annual Meeting of Stockholders or until his or her successor is duly elected and qualified. The voting with respect to the election of directors was as follows:
NomineeVotes ForVotes AgainstAbstainBroker Non-Votes
Chad Collins33,012,209 208,346 22,709 1,549,903 
Razat Gaurav33,202,849 16,729 23,686 1,549,903 
Marty Réaume32,428,331 683,517 131,416 1,549,903 
Tami Reller32,958,193 261,402 23,669 1,549,903 
Philip Soran32,169,986 1,049,706 23,572 1,549,903 
Anne Sempowski Ward32,069,197 1,129,482 44,585 1,549,903 
Sven Wehrwein32,102,373 1,117,317 23,574 1,549,903 

2. Ratification of the Selection of KPMG LLP as Independent Auditor for the Year Ending 2025
The Company’s stockholders ratified the appointment of KPMG LLP to serve as the independent auditor for the year ending December 31, 2025 by voting as follows:
Votes ForVotes AgainstAbstainBroker Non-Votes
34,561,885 216,546 14,736 — 

3. Advisory Approval of the Compensation of Named Executive Officers ("Say-on-Pay")
The Company’s stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers by voting as follows:
Votes ForVotes AgainstAbstainBroker Non-Votes
31,866,376 1,354,175 22,713 1,549,903 

4. Advisory Vote regarding the Frequency of Holding Future Say-on-Pay Votes
The Company's stockholders voted, on an advisory basis, to hold a Say-on-Pay vote every year by voting as follows:
1 Year2 Years3 YearsAbstain
32,789,860 2,442 430,005 20,957 
After considering the results of the advisory vote, the Board of Directors has determined that it will continue to hold Say-on-Pay votes every year until the next required vote on the frequency of shareholder votes on the compensation of executives.



Item 9.01. Financial Statements and Exhibits.
(d)    Exhibits
Exhibit No.Exhibit
104Cover Page Interactive Data File (embedded within the Inline XBRL document)







SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 SPS COMMERCE, INC.
   
  
Date: May 13, 2025
By:/s/ KIMBERLY NELSON
  Kimberly Nelson
  Executive Vice President and Chief Financial Officer