STOCK TITAN

Commerce.com (CMRC) insider uses 406 shares to cover tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
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
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cassidy Charles D

(Last)(First)(Middle)
11920 ALTERRA PARKWAY, DL 11 /
SUITE 100, 8TH FLOOR

(Street)
AUSTIN TEXAS 78758

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Commerce.com, Inc. [ CMRC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel and Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Series 1 Common Stock05/21/2026F406D$2.96167,193D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
Charles D. Cassidy05/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

Was the CMRC Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Code F indicates shares were delivered to satisfy tax liabilities, so it reflects a mechanical obligation rather than a discretionary decision to sell shares in the market.

How many CMRC shares does Cassidy Charles D hold after this Form 4?

Following the reported transaction, Cassidy Charles D directly holds 167,193 shares of Series 1 Common Stock. This post-transaction balance suggests the 406 shares used for tax withholding represent a very small portion of his overall reported equity position.

What price per share was used in the CMRC tax-withholding transaction?

The tax-withholding disposition used a price of $2.96 per share. This price is reported on the Form 4 as the value applied to the 406 shares delivered to cover tax obligations, helping quantify the size of the non-market transaction in dollar terms.

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.