Commerce.com, Inc. SEC Filings

Commerce.com, Inc. director reports stock acquisition

A director of Commerce.com, Inc. (CMRC), Sarah Gilligan, reported acquiring 2,568 shares of Series 1 Common Stock on 11/13/2025. The transaction was reported at a price of $0.00 per share, indicating it was likely a grant or similar award rather than an open-market purchase. Following this transaction, the director now beneficially owns 115,225 shares of Commerce.com common stock in direct ownership. The filing notes that the transaction was made under a Rule 10b5-1 trading arrangement, which is designed to follow preset instructions for trading company stock.

Commerce.com, Inc. (CMRC)2,620 shares of Series 1 Common Stock on 11/13/2025 in a transaction reported at a price of $0.00 per share. Following this transaction, the reporting person beneficially owns 114,205 shares of Commerce.com common stock in direct ownership form.

Commerce.com, Inc. (CMRC)3,275 shares of Series 1 Common Stock on 11/13/2025 at a stated price of $0.00 per share. After this transaction, the director beneficially owns 129,935 shares directly, along with additional indirect holdings in Series 1 Common Stock through several irrevocable trusts.

Commerce.com, Inc. (CMRC)$86.0 million, up from $83.7 million a year ago, with gross profit of $67.4 million. Loss from operations narrowed to $0.4 million, and net loss was $2.2 million (basic EPS $(0.03)).

For the first nine months, revenue reached $252.8 million and net loss was $11.0 million. Operating cash flow improved, providing $10.6 million in the quarter and $24.5 million year-to-date. Deferred revenue stood at $59.2 million, and remaining performance obligations were $178.9 million, indicating contracted future revenue.

The balance sheet showed $49.9 million in cash and cash equivalents, $1.2 million in restricted cash, and $92.1 million in marketable securities. Convertible notes outstanding included $150.0 million of 7.50% notes due 2028 and $4.1 million of 0.25% notes due 2026. Total stockholders’ equity was $42.8 million. Restructuring activity was minimal in Q3 ($0.1 million). Shares outstanding were 81,263,346 as of November 4, 2025.

Commerce.com, Inc. (CMRC) furnished an earnings press release for the three and nine months ended September 30, 2025. The company, formerly known as BigCommerce Holdings, Inc., disclosed results and forward‑looking statements in Exhibit 99.1.

The information was furnished under Item 2.02 and is not deemed filed for purposes of Section 18 of the Exchange Act, nor incorporated by reference except as specifically stated.

Commerce.com, Inc. reporting persons Lynrock Lake LP, Lynrock Lake Partners LLC and Cynthia Paul each disclose beneficial ownership of 10.3% of the issuer's Series 1 common stock, representing 8,353,818 shares as of September 30, 2025. The shares are held directly by Lynrock Lake Master Fund LP, with the Investment Manager (Lynrock Lake LP) having sole voting and dispositive power over those shares and Cynthia Paul identified as having voting and investment power through her roles at the manager and general partner. The percent figure is calculated using an outstanding share base of 80,735,080 shares reported as of July 29, 2025. The filing certifies the holdings were acquired in the ordinary course of business and are not intended to influence control of the issuer.

Charles D. Cassidy, General Counsel and Secretary of Commerce.com, Inc. (CMRC), reported an insider sale on 09/21/2025. The filing shows he disposed of 405 shares of common stock at $5.03 per share. Following this transaction he beneficially owns 93,813 shares, held directly. The Form 4 was signed on 09/23/2025. The report is a routine officer sale disclosed under Section 16 and includes no derivative transactions or additional remarks.

Russell Scott Klein, listed as Chief Commercial Officer and Director, reported transactions in Commerce.com, Inc. (CMRC) dated 09/12/2025. The filing shows a grant/exercise-type transaction for 98,080 shares of Series 1 Common Stock at a price of $0.39, resulting in 542,081 shares beneficially owned after that acquisition. On the same date the reporting person sold 98,080 shares at a weighted average price of $4.5898, reported as multiple sales between $4.54 and $4.63, leaving 444,001 shares beneficially owned after the sale. The filing also discloses a non-qualified stock option with exercise price $0.39 related to 98,080 underlying shares, exercisable beginning 09/01/2016 and expiring 11/12/2025. The Form 4 was signed by an attorney-in-fact on 09/16/2025.