CMRC accounting chief's 1,781-share tax disposition
Commerce.com, Inc. Chief Accounting Officer Ban Hubert S reported a tax-related share disposition under a Form 4 filing.
Rhea-AI Filing Summary
Commerce.com, Inc. Chief Accounting Officer Ban Hubert S reported a tax-related share disposition under a Form 4 filing. On the transaction date, 1,781 shares of Series 1 Common Stock were surrendered at $3.02 per share to cover tax obligations, leaving him with 50,868 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 1,781 shares
Exercise Price or Tax Liability
1 txn
Insider
Ban Hubert S
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Series 1 Common Stock | 1,781 | $3.02 | $5K |
Holdings After Transaction:
Series 1 Common Stock — 50,868 shares (Direct)
FAQ
What insider transaction did CMRC report for Ban Hubert S on this Form 4?
The Form 4 reports that CMRC Chief Accounting Officer Ban Hubert S disposed of 1,781 shares of Series 1 Common Stock. The shares were surrendered to satisfy tax obligations, not as an open-market sale, according to the transaction code and description.
What does transaction code F mean in the CMRC Form 4 filing?
Transaction code F in the CMRC Form 4 indicates a tax-withholding disposition. It means shares were delivered to pay an exercise price or tax liability, rather than representing a typical open-market buy or sell, according to the filing’s transaction code description.
AI-generated analysis. How Rhea-AI works. Not financial advice.