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Chad Collins received $11.4M in total compensation as Chief Executive Officer of SPS COMMERCE, INC. in FY2025. The largest component was $10.8M in stock awards. That’s down 21% from FY2024. Source: SEC DEF 14A.
In fiscal year 2025, Chad Collins, Chief Executive Officer of SPS COMMERCE, INC. (SPSC), received total compensation of $11.4 million.
Chad Collins's compensation breakdown includes: base salary of $610K, stock awards valued at $10.8 million, and other compensation of $11K.
Compared to fiscal year 2024, Chad Collins's total compensation decreased 21% from $14.4 million to $11.4 million.
SPS COMMERCE, INC.'s top 5 named executive officers received combined total compensation of $33.0 million in fiscal year 2025.
The named executive officers disclosed in SPS COMMERCE, INC.'s 2025 proxy statement are:Chad Collins (Chief Executive Officer) with total compensation of $11.4 million, Eduardo Rosini () with total compensation of $7.5 million, Dan Juckniess (Former Executive Vice President and) with total compensation of $5.7 million, Kimberly Nelson (Former Executive Vice President and) with total compensation of $5.2 million, and Jamie Thingelstad (Executive Vice President and) with total compensation of $3.2 million.
Source Filing
Executive Record
Chad Collins
Chief Executive Officer
Reported Pay
$11.4MSummary compensation table total · FY2025
Findings
Reviewing FY2025 compensation of $11.4M against -52% shareholder return and the latest filing-backed pay disclosures.
Reported pay changed -21%; spread versus stock performance is pending computation.
Evidence is sourced from the latest executive compensation filing and return series for SPSC.
Team view
5 executives
Chief Executive Officer
Total PayFY2025
$11.4M
Total PayFY2025
$7.5M
Former Executive Vice President and
Total PayFY2025
$5.7M
Former Executive Vice President and
Total PayFY2025
$5.2M
Executive Vice President and
Total PayFY2025
$3.2M
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01FY2025 total compensation breakdown
$11.4M total compensation
Chad Collins earned $11.4M in FY2025— here's how that breaks down.
$10.8M
95% of total
$609.7K
5% of total
$10.9K
0% of total
Activity timeline · FY2025
Recent events from filings
Apr 14, 2026
Annual Cash Bonus Equity award
Dec 1, 2025
RSU Award stock (Grant FV $6,499,978)
Feb 18, 2025
RSU Award stock (Grant FV $5,218,381)
Feb 18, 2025
RSU Award stock (Grant FV $2,299,883)
Feb 18, 2025
RSU Award stock (Grant FV $1,349,957)
Feb 18, 2025
RSU Award stock (Grant FV $1,699,984)
Jan 2, 2025
PSU Award Equity award (28,546 target units, 11,418 threshold, 57,092 maximum, Grant FV $5,571,323)
Jan 2, 2025
PSU Award Equity award (12,581 target units, 5,032 threshold, 25,162 maximum, Grant FV $2,455,434)
A pay-performance summary will appear here once the verdict loads above.
02Pay changes vs. stock performance
1 year of data
Peer context
Dashed line marks the mid-cap median compensation benchmark for companies around $2.2B market cap, based on 475 peers in this size band.
03Recent insider trades by officers and directors
~24 trades
04Showing FY2025 data (latest available)
FY2026does not include director compensation in our current dataset, so we're showing the latest board table we found.
We're loading the latest director compensation and board makeup.
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06For analysts and deep research
Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $0.61M | $0.00M | $10.8M | $0.00M | $0.01M | $11.4M | |
| 2024 | $0.53M | $0.63M | $13.2M | $0.00M | $0.01M | $14.4M | |
| 2023 | $0.12M | $0.13M | $6.50M | $0.00M | $0.00M | $6.75M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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SPS COMMERCE, INC. (SPSC) — Key Facts
Last updated Jun 3, 2026 · DEF 14A filed Apr 13, 2026
| CEO | Chad Collins, Chief Executive Officer |
|---|---|
| Fiscal year | FY2025 |
| Total compensation | $11.4M |
| Base salary | $610K |
| Stock awards | $10.8M |
| Other compensation | $11K |
| Year-over-year change | -21% |
| Source | DEF 14A, 2026-04-13 |
Chad Collins, the Chief Executive Officer of SPS COMMERCE, INC., received total compensation of $11.4 million in fiscal year 2025. This includes base salary of $609,658 and stock awards valued at $10.8 million.
Chad Collins's base salary at SPS COMMERCE, INC. is $609,658 per year as of fiscal year 2025. However, total compensation including stock awards, bonuses, and other benefits is $11.4 million.
SPS COMMERCE, INC.'s CEO, Chad Collins, earned $11.4 million in total compensation for fiscal year 2025. The majority of this compensation comes from stock awards ($10.8 million) rather than base salary ($609,658).