UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 9, 2025
Commerce.com, Inc.
(Exact name of registrant as specified in charter)
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Delaware |
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001-39423 |
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46-2707656 |
(State or Other Jurisdiction of Incorporation) |
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(Commission File Number) |
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(I.R.S. Employer Identification Number) |
11920 Alterra Parkway
D11 / Suite 100
8th Floor
Austin, Texas
(Address of principal executive offices, including zip code)
(512) 865-4500
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
□Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
□Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
□Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
□Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
Series 1 Common Stock, $ 0.0001 par value per share |
CMRC |
The Nasdaq Global Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
□ Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Departure of Chief Commercial Officer
On October 6, 2025, Commerce.com, Inc. (the “Company”) and Russell Klein, the Company’s Chief Commercial Officer, mutually agreed that Mr. Klein would retire from his position as Chief Commercial Officer and as an employee of the Company effective November 1, 2025. The Company thanks Mr. Klein for his many years of leadership and service. In connection with Mr Klein’s departure, and in accordance with the terms of his employment offer letter with the Company, as amended, subject to Mr. Klein signing an effective waiver and general release of claims in favor of the Company and his continued compliance with applicable restrictive covenants, Mr. Klein will be eligible to receive (i) an amount equal to six months’ base salary and (ii) an amount equal to six months of the Company’s share of healthcare premiums for him and his eligible dependents.
Michaela Weber, Senior Vice President, Payments & Global Business Development, will assume primary responsibility for Mr. Klein’s duties and responsibilities.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit No. |
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Description |
104 |
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Cover page interactive data file (embedded within the inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Commerce.com, Inc. |
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Date: |
October 9, 2025 |
By: |
/s/ Chuck Cassidy |
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Chuck Cassidy
General Counsel |
