SHOP SEC Filing News — Shopify Inc.

Latest SEC filings for Shopify Inc. (SHOP) explained in plain English. Covers insider buying and selling (Form 4), proposed insider sales (Form 144), material company events (8-K), and quarterly & annual reports (10-Q / 10-K). StrongBuyAnalytics provides navigation and brief excerpts or summaries; original filings remain at the SEC/source links and were authored by their filers, not StrongBuyAnalytics. Filing dates shown are source dates. Coverage and detection can be delayed or incomplete because of SEC availability, amendments, parsing, caching, or outages. Latest source filing date shown: 2026-09-25.

Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business acr…
Sector: Technology Industry: Software - Application Market Cap: $222.0B
20
Total Filings
0
Bullish Classifications
2
Bearish Classifications
1
Insider Transactions
2
Material Events (8-K)
1
Periodic Reports
Rule-based classifications for SHOP currently lean bearish. Of the 20 filing records displayed, 2 carry bearish classifications (such as insider sales or negative 8-K disclosures) versus 0 bullish. This does not necessarily signal fundamental deterioration — insiders sell for many reasons — but it is worth monitoring alongside the company's core financial metrics.
SHOP Filing Activity Snapshot 2026-06-22 — 2026-09-25
Insider Transactions (Form 4)
0 buys vs 0 sells
Insider buying and selling activity is balanced in this period.
Largest Form 144 Filing
$81.13M
Tobias Lutke · 2026-09-04
550,500 shares · Form 144
Form 144 Notices
16
Proposed insider sales filed — Form 144 is a notice of intent, not a confirmed transaction. Actual sales are confirmed via Form 4.
Insider Transactions 1 · Forms 3, 4 and 5

A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 1 filing in this group is a Form 4 for Shopify Inc.

The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.

Across the 1 insider filing shown, the breakdown is 1 option exercise. None of the classified filings involved a discretionary open-market trade, so this period says nothing about what insiders think of the price.

What each transaction type means

Option exercise ×1
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Form 4 Option exercise Tax / Compensation Filing 2026-08-31

SHOP insider Form 4 filed for equity award, exercise, or tax withholding

Shopify Strategic Holdings 3 LLC (10% Owner) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.

Transactions reported on this filing
Code Nature Shares Price Value
X Option exercise derivative · Warrants to Purchase Series B Common Stock (Right to Buy) 344,383 — —
X Option exercise derivative · Series B Common Stock 344,383 $0.01 $3.4K
Filing: Form 4 (Insider Transaction) Insider: Shopify Strategic Holdings 3 LLC (10% Owner)
View on SEC EDGAR → Open Filing Document →
Proposed Insider Sales 16 · Form 144

A Form 144 is a notice of intent to sell restricted or control securities. It is not a record that anything was sold. Shopify Inc. has 16 such notices in this period.

The distinction matters because a Form 144 is frequently reported as though it were a completed insider sale. The filer may sell all of the shares covered, some of them, or none at all, and there is no obligation to update the notice either way. A sale that is actually executed by an officer or director shows up separately on a Form 4, which is the filing to check before treating a proposed sale as a real one.

Form 144 Proposed Insider Sale 2026-09-25

SHOP Form 144 filed for proposed insider sale by Jeff Hoffmeister (6,152 shares) ~$893.1K

Jeff Hoffmeister filed a Form 144 with the SEC indicating intent to sell SHOP (SHOPIFY INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Jeff Hoffmeister Shares: 6,152 Est. Value: $893.1K
View on SEC EDGAR → Open Filing Document →
Form 144 Proposed Insider Sale 2026-09-18

SHOP Form 144 filed for proposed insider sale by Jean Niehaus (1,537 shares) ~$198.0K

Jean Niehaus filed a Form 144 with the SEC indicating intent to sell SHOP (SHOPIFY INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Jean Niehaus Shares: 1,537 Est. Value: $198.0K
View on SEC EDGAR → Open Filing Document →
Form 144 Large Proposed Insider Sale 2026-09-18

SHOP Form 144 filed for proposed insider sale by Harley Finkelstein (177,318 shares) ~$22.84M

Harley Finkelstein filed a Form 144 with the SEC indicating intent to sell SHOP (SHOPIFY INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4. The proposed dollar value is large enough to merit attention.

Filing: Form 144 (Proposed Sale Notice) Insider: Harley Finkelstein Shares: 177,318 Est. Value: $22.84M
View on SEC EDGAR → Open Filing Document →
Form 144 Proposed Insider Sale 2026-09-18

SHOP Form 144 filed for proposed insider sale by Jessica Hertz (11,171 shares) ~$1.44M

Jessica Hertz filed a Form 144 with the SEC indicating intent to sell SHOP (SHOPIFY INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Jessica Hertz Shares: 11,171 Est. Value: $1.44M
View on SEC EDGAR → Open Filing Document →
Form 144 Proposed Insider Sale 2026-09-14

SHOP Form 144 filed for proposed insider sale by JEFF HOFFMEISTER (11,647 shares) ~$1.50M

JEFF HOFFMEISTER filed a Form 144 with the SEC indicating intent to sell SHOP (SHOPIFY INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: JEFF HOFFMEISTER Shares: 11,647 Est. Value: $1.50M
View on SEC EDGAR → Open Filing Document →
Form 144 Large Proposed Insider Sale 2026-09-04

SHOP Form 144 filed for proposed insider sale by Tobias Lutke (550,500 shares) ~$81.13M

Tobias Lutke filed a Form 144 with the SEC indicating intent to sell SHOP (SHOPIFY INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4. The proposed dollar value is large enough to merit attention.

Filing: Form 144 (Proposed Sale Notice) Insider: Tobias Lutke Shares: 550,500 Est. Value: $81.13M
View on SEC EDGAR → Open Filing Document →
Form 144 Proposed Insider Sale 2026-08-27

SHOP Form 144 filed for proposed insider sale by JESSICA HERTZ (10,394 shares) ~$1.61M

JESSICA HERTZ filed a Form 144 with the SEC indicating intent to sell SHOP (SHOPIFY INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: JESSICA HERTZ Shares: 10,394 Est. Value: $1.61M
View on SEC EDGAR → Open Filing Document →
Form 144 Proposed Insider Sale 2026-08-07

SHOP Form 144 filed for proposed insider sale by Gail Goodman (4,000 shares) ~$589.8K

Gail Goodman filed a Form 144 with the SEC indicating intent to sell SHOP (SHOPIFY INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Gail Goodman Shares: 4,000 Est. Value: $589.8K
View on SEC EDGAR → Open Filing Document →
Form 144 Proposed Insider Sale 2026-08-06

SHOP Form 144 filed for proposed insider sale by Jean Niehaus (3,450 shares) ~$425.4K

Jean Niehaus filed a Form 144 with the SEC indicating intent to sell SHOP (SHOPIFY INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Jean Niehaus Shares: 3,450 Est. Value: $425.4K
View on SEC EDGAR → Open Filing Document →
Form 144 Proposed Insider Sale 2026-08-05

SHOP Form 144 filed for proposed insider sale by Gail Goodman (7,650 shares) ~$943.2K

Gail Goodman filed a Form 144 with the SEC indicating intent to sell SHOP (SHOPIFY INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Gail Goodman Shares: 7,650 Est. Value: $943.2K
View on SEC EDGAR → Open Filing Document →
Form 144 Proposed Insider Sale 2026-07-28

SHOP Form 144 filed for proposed insider sale by Gail Goodman (5,000 shares) ~$634.4K

Gail Goodman filed a Form 144 with the SEC indicating intent to sell SHOP (SHOPIFY INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Gail Goodman Shares: 5,000 Est. Value: $634.4K
View on SEC EDGAR → Open Filing Document →
Form 144 Proposed Insider Sale 2026-07-10

SHOP Form 144 filed for proposed insider sale by Gail Goodman (5,000 shares) ~$615.9K

Gail Goodman filed a Form 144 with the SEC indicating intent to sell SHOP (SHOPIFY INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Gail Goodman Shares: 5,000 Est. Value: $615.9K
View on SEC EDGAR → Open Filing Document →
Form 144 Proposed Insider Sale 2026-06-30

SHOP Form 144 filed for proposed insider sale by Gail Goodman (1,000 shares) ~$114.2K

Gail Goodman filed a Form 144 with the SEC indicating intent to sell SHOP (SHOPIFY INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Gail Goodman Shares: 1,000 Est. Value: $114.2K
View on SEC EDGAR → Open Filing Document →
Form 144 Proposed Insider Sale 2026-06-22

SHOP Form 144 filed for proposed insider sale by Jessica Hertz (11,361 shares) ~$1.23M

Jessica Hertz filed a Form 144 with the SEC indicating intent to sell SHOP (SHOPIFY INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Jessica Hertz Shares: 11,361 Est. Value: $1.23M
View on SEC EDGAR → Open Filing Document →
Form 144 Proposed Insider Sale 2026-06-22

SHOP Form 144 filed for proposed insider sale by Jeff Hoffmeister (6,091 shares) ~$659.3K

Jeff Hoffmeister filed a Form 144 with the SEC indicating intent to sell SHOP (SHOPIFY INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Jeff Hoffmeister Shares: 6,091 Est. Value: $659.3K
View on SEC EDGAR → Open Filing Document →
Form 144 Proposed Insider Sale 2026-06-22

SHOP Form 144 filed for proposed insider sale by Jean Niehaus (1,307 shares) ~$141.5K

Jean Niehaus filed a Form 144 with the SEC indicating intent to sell SHOP (SHOPIFY INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Jean Niehaus Shares: 1,307 Est. Value: $141.5K
View on SEC EDGAR → Open Filing Document →
Material Events 2 · Form 8-K

An 8-K reports a material event in the window between scheduled reports. There are 2 in this period for Shopify Inc. Each 8-K names the item number it is filed under, and that number is the fastest way to tell a routine disclosure from a consequential one.

Item 2.02 is an earnings release, Item 5.02 is a change of directors or officers, and Item 1.01 or 2.01 covers a material agreement or a completed acquisition. Item 7.01 and Item 8.01 are the general-purpose disclosure items and carry no fixed meaning on their own.

Form 8-K Material Company Update 2026-08-05

SHOP filed 8-K — material company event

SHOPIFY INC. filed an 8-K with the SEC reporting a material event. Summary unavailable — view the original SEC filing for the full text.

Filing: 8-K (Material Event)
View on SEC EDGAR → Open Filing Document →
Form 8-K Material Company Update 2026-07-02

SHOP filed 8-K — material company event

SHOPIFY INC. filed an 8-K with the SEC reporting a material event. Summary unavailable — view the original SEC filing for the full text.

Filing: 8-K (Material Event)
View on SEC EDGAR → Open Filing Document →
Periodic Reports 1 · Forms 10-K and 10-Q

The periodic reports are where the audited and reviewed financial statements live. This period contains 1 quarterly report (10-Q) for Shopify Inc.

The two are not equivalent in weight. A 10-K is audited by an external firm and includes the full risk factor disclosure, business description and management discussion; a 10-Q is unaudited, reviewed rather than examined, and much shorter. When a figure in a quarterly report is later revised, the annual report is usually where the correction appears.

An amended report — 10-K/A or 10-Q/A — restates or corrects something in the original filing, and is worth reading against the version it replaces.

Form 10-Q Quarterly Report 2026-08-05

SHOP filed Quarterly Report (10-Q)

SHOPIFY INC. filed its quarterly report with the SEC. This report includes unaudited financial statements and management discussion for the quarter.

Filing: 10-Q (Quarterly Report)
View on SEC EDGAR → Open Filing Document →

How we classify Shopify Inc.'s filings

Straight from EDGAR

Each displayed record links to an original source document. StrongBuyAnalytics provides navigation and brief excerpts or summaries, not the filing itself. Parsing may omit context or contain errors, so read the original document in full.

Transaction codes, not guesswork

The nature shown on each insider filing comes from the transaction code the filer entered on the form itself — P for an open-market purchase, A for a compensation award, F for shares withheld to pay tax, M for an option exercise. Where one filing contains several codes, the transaction table lists them line by line.

Why the distinction matters

Insider activity is routinely summarised as buying or selling, which flattens together decisions that mean very different things. Shares withheld for tax on a vesting grant are an automatic administrative step; shares bought on the open market are someone committing their own money at the current price.

What this page does not tell you

A filing records what happened, not why. Form 4 does not always disclose whether a sale was executed under a pre-arranged Rule 10b5-1 plan, and no single filing is a basis for a decision on SHOP. Read these alongside the fundamentals rather than in isolation.

Frequently Asked Questions — SHOP SEC Filings

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Publisher, sources & limitations — September 15, 2026. StrongBuyAnalytics provides navigation and brief excerpts or summaries for educational use. Original filings remain at SEC EDGAR or other displayed source links; StrongBuyAnalytics does not author them. Filing dates are source dates, not publication dates for this page. Coverage can be delayed, incomplete, amended, or unavailable because of SEC/source availability, parsing, caching, or outages. Verify every material statement in the original filing.
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