Last updated: 21 August 2024 at 4:54pm EST

Philip Soran Net Worth




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.

Mr. Soran SPSC stock SEC Form 4 insiders trading

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 Soran biography

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.

What is the salary of Philip Soran?

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.



How old is Philip Soran?

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.

What's Philip Soran's mailing address?

Philip's mailing address filed with the SEC is Nicollet Mall, Minneapolis, Hennepin County, Minnesota, 55402, United States.

Insiders trading at SPS Commerce

Over the last 14 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.



What does SPS Commerce do?

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.



What does SPS Commerce's logo look like?

SPS Commerce Inc. logo

Complete history of Mr. Soran stock trades at SPS Commerce and Piper Sandler Co`s

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
21 Aug 2024 Philip Soran
Director
Sale 1,792 $263.92 $472,945
21 Aug 2024
18,341
12 Aug 2024 Philip Soran
Director
Sale 2,583 $254.90 $658,407
12 Aug 2024
20,133
12 Jul 2024 Philip Soran
Director
Option 6,570 $37.22 $244,535
12 Jul 2024
21,242
14 Nov 2023 Philip Soran
Director
Option 3,026 $29.15 $88,208
14 Nov 2023
21,413
7 Nov 2023 Philip Soran
Director
Option 3,026 $29.15 $88,208
7 Nov 2023
21,413
11 Nov 2022 Philip Soran
Director
Option 1,000 $26.14 $26,140
11 Nov 2022
18,684
5 Aug 2022 Philip Soran
Director
Option 5,792 $26.14 $151,403
5 Aug 2022
23,476
3 Nov 2021 Philip Soran
Director
Option 4,506 $33.69 $151,807
3 Nov 2021
18,348
27 Jul 2020 Philip Soran
Director
Option 7,120 $8.33 $59,310
27 Jul 2020
23,030
26 May 2020 Philip Soran
Director
Option 8,020 $5.07 $40,661
26 May 2020
23,930
7 May 2020 Philip Soran
Director
Option 9,180 $20.90 $191,862
7 May 2020
23,650
18 Feb 2020 Philip Soran
Director
Option 8,020 $5.07 $40,661
18 Feb 2020
22,490
26 Jul 2019 Philip Soran
Director
Option 5,340 $10.13 $54,094
26 Jul 2019
13,248
20 Jun 2019 Philip Soran
Director
Option 2,060 $10.13 $20,868
20 Jun 2019
9,968
10 Jun 2019 Philip Soran
Director
Option 600 $10.13 $6,078
10 Jun 2019
8,508
27 Feb 2019 Philip Soran
Director
Option 2,644 $48.66 $128,657
27 Feb 2019
9,732
16 Nov 2016 Philip Soran
Director
Option 2,672 $27.55 $73,614
16 Nov 2016
7,938
5 Mar 2012 Philip Soran
Director
Buy 1,320 $27.61 $36,445
5 Mar 2012
1,924


SPS Commerce executives and stock owners

SPS Commerce executives and other stock owners filed with the SEC include: