Commerce.com (CMRC) insider uses 406 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Commerce.com, Inc. insider tax-withholding move
General Counsel and Secretary Cassidy Charles D reported a Form 4 transaction involving 406 shares of Series 1 Common Stock at $2.96 per share, used as a tax-withholding disposition rather than an open-market sale. After this transaction, Cassidy directly holds 167,193 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cassidy Charles D
Role
General Counsel and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Series 1 Common Stock | 406 | $2.96 | $1K |
Holdings After Transaction:
Series 1 Common Stock — 167,193 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares: 406 shares
Price per share: $2.96 per share
Shares held after transaction: 167,193 shares
3 metrics
Tax-withholding shares
406 shares
Shares delivered for tax liability on 2026-05-21
Price per share
$2.96 per share
Value applied to tax-withholding disposition
Shares held after transaction
167,193 shares
Direct holdings following Form 4 transaction
Key Terms
tax-withholding disposition, Series 1 Common Stock, Form 4
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Series 1 Common Stock financial
"security_title: "Series 1 Common Stock""
A class of common shares labeled "Series 1" that represents one specific group of ordinary ownership stakes in a company. Like different slices of the same pie, Series 1 shares can carry particular voting rights, dividend priorities or conversion features that distinguish them from other share classes, so investors should check those terms to understand their claim on profits, voting power and potential value changes.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did CMRC’s Cassidy Charles D report?
Cassidy Charles D reported a tax-related share disposition. He delivered 406 shares of Series 1 Common Stock at $2.96 per share to cover tax obligations, rather than executing an open-market sale, and remains a significant shareholder afterward.
What does transaction code F mean in the CMRC Form 4 filing?
Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this case, it shows 406 CMRC shares were used to satisfy tax obligations, distinguishing the move from a voluntary open-market purchase or sale decision.