STOCK TITAN

Commerce.com (CMRC) CEO reports tax-withholding share disposition

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Commerce.com, Inc. director and Chief Exec Officer Christopher Travis Hess reported a tax-withholding disposition of 3,448 shares of Series 1 Common Stock at $2.96 per share. These shares were withheld to cover tax obligations, and he still directly owns 922,360 shares after the transaction.

Positive

  • None.

Negative

  • None.
Insider Hess Christopher Travis
Role Chief Exec Officer
Type Security Shares Price Value
Tax Withholding Series 1 Common Stock 3,448 $2.96 $10K
Holdings After Transaction: Series 1 Common Stock — 922,360 shares (Direct, null)
Footnotes (1)
Shares used for tax withholding 3,448 shares Tax-withholding disposition, code F
Tax-withholding price $2.96/share Price per share for withheld shares
Shares held after transaction 922,360 shares Direct ownership after tax-withholding disposition
Tax-withholding transactions 1 transaction, 3,448 shares Form 4 transactionSummary taxWithholdingCount and Shares
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 3,448 shares"
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" in the reported transaction"
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) describes the insider transaction"
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*
Hess Christopher Travis

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Exec Officer
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 Stock05/21/2026F3,448D$2.96922,360D
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:
/s/ Chuck Cassidy, Attorney-in-Fact for Hess, Christopher Travis05/26/2026
** 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 Commerce.com (CMRC) report for Christopher Travis Hess?

Commerce.com reported that CEO and director Christopher Travis Hess had shares withheld for taxes. The Form 4 shows a tax-withholding disposition, not an open-market trade, related to 3,448 shares of Series 1 Common Stock on a recent transaction date.

How many Commerce.com (CMRC) shares were used for tax withholding?

The filing shows that 3,448 shares of Commerce.com Series 1 Common Stock were disposed of for tax withholding. The price reported was $2.96 per share, reflecting shares delivered to satisfy tax obligations rather than shares sold in the open market.

Did Commerce.com CEO Christopher Travis Hess sell shares on the open market?

The transaction is classified as a tax-withholding disposition, not an open-market sale. Shares were delivered to cover tax liabilities, as indicated by the Form 4 code F and description, meaning this was a mechanical step tied to equity compensation rather than a discretionary trade.

How many Commerce.com (CMRC) shares does Christopher Travis Hess own after this transaction?

After the tax-withholding disposition, Christopher Travis Hess directly holds 922,360 shares of Series 1 Common Stock. This post-transaction balance, disclosed in the Form 4, shows he retains a substantial equity position in Commerce.com despite the tax-related share delivery.

What does transaction code F mean in the Commerce.com Form 4 filing?

Transaction code F on the Form 4 indicates payment of an exercise price or tax liability by delivering securities. For Commerce.com, this means 3,448 shares were used to satisfy tax obligations tied to equity awards, rather than representing a typical market purchase or sale.