The estimated Net Worth of Philip Soran is at least $4.78 Million dollars as of 21 August 2024. Mr. Soran owns over 1,792 units of SPS Commerce stock worth over $3,427,749 and over the last 14 years he sold SPSC stock worth over $1,131,351. In addition, he makes $224,818 as Independent Director at SPS Commerce.
Philip has made over 18 trades of the SPS Commerce stock since 2012, according to the Form 4 filled with the SEC. Most recently he sold 1,792 units of SPSC stock worth $472,945 on 21 August 2024.
The largest trade he's ever made was exercising 9,180 units of SPS Commerce stock on 7 May 2020 worth over $191,862. On average, Philip trades about 724 units every 44 days since 2010. As of 21 August 2024 he still owns at least 18,341 units of SPS Commerce stock.
You can see the complete history of Mr. Soran stock trades at the bottom of the page.
Philip E. Soran serves as Independent Director of the Company. Mr. Soran serves as Lead Director on the board of directors of Piper Sandler Companies (Piper Jaffray Companies merged with Sandler O’Neill + Partners, L.P. in January 2020), a publicly traded investment bank and asset management firm, on the board of directors for Foodsby, a privately-held food delivery service, on the board of directors of Spineology, a private medical technology company, and on the board of Claros Technologies, Inc., a private advanced materials and environmental company. Mr. Soran was the Executive Chairman and co-founder of Flipgrid, Inc., a privately-held education technology software company, from 2015 until its sale to Microsoft in 2018. Mr. Soran served as President, Chief Executive Officer, and a director of Compellent Technologies, Inc., a publicly traded software company which he co-founded in 2002, until its acquisition by Dell Inc. in 2011, after which he served as the President of Dell Compellent from 2011 to 2012. He previously served on the board of directors of Help Systems, LLC, a privately-held software company, from 2012 until its sale in 2018. From 1995 to 2001, Mr. Soran served as President, Chief Executive Officer and a member of the board of directors of Xiotech, which Mr. Soran co-founded in 1995. Xiotech was acquired by Seagate in 2000. From 1993 to 1995, Mr. Soran served as Executive Vice President of Prodea Software Corporation, a data warehousing software company. Mr. Soran also held a variety of management, sales, marketing, and technical positions with IBM, and served on the board of directors of Hutchinson Technology Incorporated, a public manufacturing company, from 2011 until its acquisition by TDK Corporation in 2016. Mr. Soran served as Chairman of our board of directors from 2014 to 2017.
As the Independent Director of SPS Commerce, the total compensation of Philip Soran at SPS Commerce is $224,818. There are 7 executives at SPS Commerce getting paid more, with Archie Black having the highest compensation of $3,662,220.
Philip Soran is 63, he's been the Independent Director of SPS Commerce since 2017. There are 1 older and 12 younger executives at SPS Commerce. The oldest executive at SPS Commerce Inc. is Sven Wehrwein, 69, who is the Independent Director.
Philip's mailing address filed with the SEC is Nicollet Mall, Minneapolis, Hennepin County, Minnesota, 55402, United States.
Over the last 15 years, insiders at SPS Commerce have traded over $143,064,393 worth of SPS Commerce stock and bought 1,320 units worth $36,445 . The most active insiders traders include Michael A Smerklo, Archie C. Black, and Bradley A. Cleveland. On average, SPS Commerce executives and independent directors trade stock every 17 days with the average trade being worth of $3,747,892. The most recent stock trade was executed by Kimberly K. Nelson on 19 August 2024, trading 3,000 units of SPSC stock currently worth $82,020.
sps commerce perfects the power of trading partner relationships with the industry's most broadly adopted, retail cloud services platform. as a leader in cloud-based supply chain management solutions, we provide proven integrations and comprehensive retail performance analytics to thousands of customers worldwide. sps commerce has achieved 59 consecutive quarters of revenue growth and is headquartered in minneapolis. for additional information, please contact sps commerce at 866-245-8100 or visit www.spscommerce.com.
SPS Commerce executives and other stock owners filed with the SEC include: