Commerce.com (CMRC) CEO uses 3,448 shares to cover taxes
Rhea-AI Filing Summary
Commerce.com, Inc. (CMRC) reported an insider equity disposition by Chief Exec Officer Christopher Travis Hess. On 2026-08-21, Hess had 3,448 shares of Series 1 Common Stock withheld or delivered at $2.22 per share as a payment of exercise price or tax liability, leaving him with 883,471 directly held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,448 shares
Net Sell
1 txn
Insider
Hess Christopher Travis
Role
Chief Exec Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Series 1 Common Stock | 3,448 | $2.22 | $8K |
Holdings After Transaction:
Series 1 Common Stock — 883,471 shares (Direct)
Key Figures
Shares delivered or withheld: 3,448 shares
Transaction price per share: $2.22 per share
Shares owned after transaction: 883,471 shares
3 metrics
Shares delivered or withheld
3,448 shares
Series 1 Common Stock used for exercise price or tax liability on 2026-08-21
Transaction price per share
$2.22 per share
Price applied to the 3,448-share code F transaction
Shares owned after transaction
883,471 shares
Directly held Series 1 Common Stock by Christopher Travis Hess after the transaction
Key Terms
Series 1 Common Stock, Payment of exercise price or tax liability, Form 4
3 terms
Series 1 Common Stock financial
"security_title: "Series 1 Common Stock" for 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.
Payment of exercise price or tax liability financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering...""
Form 4 regulatory
"INSIDER FILING DATA (Form 4) reporting the CMRC 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.
FAQ
What insider transaction did CMRC report for Christopher Travis Hess?
Commerce.com, Inc. reported that CEO Christopher Travis Hess had 3,448 shares of Series 1 Common Stock withheld or delivered on 2026-08-21 to pay the exercise price or tax liability associated with equity compensation.
Was the CMRC insider transaction made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not checked, and no footnote indicates a trading plan, so the reported withholding or delivery of 3,448 shares is not identified as being made under a Rule 10b5-1 plan.
Does the CMRC Form 4 reflect an open-market sale or purchase?
No. The Form 4 describes a code F transaction: 3,448 shares were withheld or delivered as payment of exercise price or tax liability, rather than an open-market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
