STOCK TITAN

Commerce.com (CMRC) CEO delivers 15,649 shares to cover equity tax bill

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

Rhea-AI Filing Summary

Commerce.com, Inc. director and Chief Executive Officer Christopher Travis Hess reported a tax-withholding disposition of 15,649 shares of Series 1 Common Stock at $3.02 per share to cover tax obligations. After this transaction, he directly owns 486,524 shares.

Positive

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Negative

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Insider Hess Christopher Travis
Role Chief Exec Officer
Type Security Shares Price Value
Tax Withholding Series 1 Common Stock 15,649 $3.02 $47K
Holdings After Transaction: Series 1 Common Stock — 486,524 shares (Direct)
Footnotes (1)
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*
Hess Christopher Travis

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Exec 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 15,649 D $3.02 486,524 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 Hess, Christopher Travis 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).
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 transaction did CMRC’s CEO report on this Form 4?

Christopher Travis Hess reported a tax-withholding disposition of 15,649 shares of Series 1 Common Stock. The shares were valued at $3.02 each, satisfying tax obligations related to equity compensation rather than reflecting an open-market sale.

Was the CMRC CEO’s Form 4 transaction an open-market stock sale?

The transaction was not an open-market sale. It is coded "F," meaning a tax-withholding disposition where shares are delivered to satisfy tax liabilities tied to equity awards, rather than voluntarily selling shares into the market for cash proceeds.

How many CMRC shares did the CEO dispose of for tax withholding?

Christopher Travis Hess disposed of 15,649 shares of Commerce.com, Inc. Series 1 Common Stock. The disposition price was $3.02 per share, and the transaction was characterized as payment of a tax liability by delivering securities instead of cash.

How many CMRC shares does the CEO own after this Form 4 transaction?

After the tax-withholding disposition, Christopher Travis Hess directly owns 486,524 shares of Series 1 Common Stock. This post-transaction balance reflects shares remaining under his direct ownership following delivery of shares to cover equity-related tax obligations.

What does transaction code "F" mean in the CMRC Form 4 filing?

Transaction code "F" indicates payment of an exercise price or tax liability by delivering securities. In this CMRC filing, it shows the CEO used 15,649 shares to satisfy tax obligations linked to equity compensation instead of conducting an ordinary market sale.