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Equity awards and tax share disposition for CMRC (CMRC) accounting chief

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

Rhea-AI Filing Summary

Commerce.com, Inc. Chief Accounting Officer Hubert S. Ban received two equity awards of Series 1 Common Stock, acquiring 30,733 shares and 6,164 shares on March 3, 2026 at $0 per share. To cover taxes, 2,541 shares were disposed of at $2.9600 per share, leaving direct ownership of 85,224 shares.

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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
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*
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)
03/03/2026
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 03/03/2026 A 30,733 A $0.00 81,601 D
Series 1 Common Stock 03/03/2026 A 6,164 A $0.00 87,765 D
Series 1 Common Stock 03/03/2026 F 2,541 D $2.96 85,224 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. 03/05/2026
** 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).
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.

FAQ

What insider transactions did CMRC’s Hubert S. Ban report on this Form 4?

Hubert S. Ban reported two equity awards and one tax-related share disposition. He acquired 30,733 and 6,164 Series 1 Common Stock shares at no cost, and 2,541 shares were disposed of at $2.9600 per share to satisfy tax obligations.

How many CMRC shares did Hubert S. Ban acquire through awards on March 3, 2026?

On March 3, 2026, Hubert S. Ban acquired 30,733 shares and 6,164 shares of CMRC Series 1 Common Stock. Both transactions were coded as grants or awards, with a reported price of $0.0000 per share, indicating non-cash equity compensation.

Why were 2,541 CMRC shares disposed of in Hubert S. Ban’s Form 4 filing?

The 2,541 CMRC Series 1 Common Stock shares were disposed of under code F, indicating shares delivered to pay an exercise price or tax liability. They were valued at $2.9600 per share, reflecting a tax-withholding disposition rather than an open-market sale.

What is Hubert S. Ban’s CMRC share ownership after these reported transactions?

After the reported equity awards and tax-withholding disposition, Hubert S. Ban directly holds 85,224 shares of CMRC Series 1 Common Stock. The Form 4 lists this figure as the total number of shares owned following the final transaction on March 3, 2026.

What do the transaction codes A and F mean in CMRC’s Form 4 for Hubert S. Ban?

Code A indicates a grant, award, or other acquisition of securities, used for the 30,733 and 6,164 share awards. Code F indicates delivery of shares to pay an exercise price or tax liability, used for the 2,541-share tax-withholding disposition at $2.9600 per share.
Commerce.com, Inc.

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