Commerce.com (CMRC) accounting chief logs 1,781-share tax disposition

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.

SEC Form 4

FORM 4

UNITED 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

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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^*

Ban Hubert S

(Last) (First) (Middle)

11920 ALTERRA PARKWAY, DL 11 /

SUITE 100, 8TH FLOOR

(Street)

AUSTIN TX 78758

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Commerce.com, Inc. [ CMRC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/21/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Series 1 Common Stock	02/21/2026		F		1,781	D	$3.02	50,868	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Chuck Cassidy, Attorney-in-Fact for Ban, Hubert S.	02/24/2026
	** Signature of Reporting Person	Date
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).
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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.

How many CMRC shares did the insider dispose of in this filing?

Ban Hubert S disposed of 1,781 shares of CMRC Series 1 Common Stock. The transaction is coded as tax-related, indicating shares were delivered to cover obligations rather than sold through the market, based on the Form 4 disclosure details provided.

At what price were the CMRC shares valued in the insider tax disposition?

The 1,781 CMRC shares were valued at $3.02 per share in the reported transaction. This price is used for the tax-withholding disposition, where shares are delivered to satisfy tax liabilities instead of being directly sold to another market participant.

How many CMRC shares does Ban Hubert S hold after this Form 4 transaction?

After the tax-withholding disposition, Ban Hubert S directly owns 50,868 CMRC Series 1 Common Stock shares. This post-transaction balance reflects his remaining direct holdings following the surrender of 1,781 shares to cover tax obligations documented in the filing.

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.

Is the CMRC insider transaction a market sale of shares?

The CMRC insider transaction is not characterized as an open-market sale. It is a tax-withholding disposition (code F), where 1,781 shares were surrendered to satisfy tax obligations, based on the transaction description in the Form 4 data provided.