SPS Commerce (SPSC) executive compensation, 2026 proxy

Chad Collins, Chief Executive Officer, was paid $11.4M in 2025, down 21% from $14.4M the year before. The CEO-to-median-employee pay ratio was 125:1, on median employee pay of $91,260.

Filed
April 14, 2026
Annual meeting
May 28, 2026
Pay year
2025
Named executives
5
CEO total pay
$11.4M-21% vs prior year
CEO to median employee
125:1median $91,260
CEO pay in equity
95%$10.8M in awards
Prior say-on-pay support
96%of votes cast
CEO Total Compensation
$11,410,2442025 total compensation
Median Employee Pay
$91,2602025 annual total
CEO Pay Ratio
125:1Ratio to median employee
Say-on-Pay Support
96%Prior year approval

How Collins was paid

$11.4M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary5%Stock awards95%All other compensation0%

Named executive officers

ExecutiveTotal
Chad CollinsChief Executive Officer$11,410,244
Kimberly NelsonFormer Executive Vice President and Chief Financial Officer$5,216,127
Eduardo RosiniExecutive Vice President and Chief Commercial Officer$7,526,000
Jamie ThingelstadExecutive Vice President and Chief Technology Officer$3,201,870
Dan JuckniessFormer Executive Vice President and Chief Revenue Officer$5,672,324

What changed and why

  • $11.4MCEO total compensation decreased to $11,410,244 in 2025 from $14,405,176 in 2024.
  • No cash incentive bonuses under the Management Incentive Plan were paid for 2025.
  • $1MEduardo Rosini joined as Executive Vice President and Chief Commercial Officer with a $1,000,000 signing bonus.
  • Dan Juckniess retired as Executive Vice President and Chief Revenue Officer on December 31, 2025.
  • Stock awards for NEOs included performance-based restricted stock units and time-based restricted stock units.
  • The CEO to median employee pay ratio was calculated as 125 to 1.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.