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Commerce.com (CMRC) CFO & COO reports routine tax share withholding

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

Rhea-AI Filing Summary

Commerce.com, Inc. executive Daniel Lentz, the CFO & COO, reported a routine tax-related share disposition. On the Form 4 date, 13,074 shares of Series 1 Common Stock were withheld at $2.67 per share to cover tax obligations. After this non-market transaction, Lentz directly holds 488,709 shares.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED 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*
Lentz Daniel

(Last)(First)(Middle)
11920 ALTERRA PARKWAY, DL 11 /
SUITE 100, 8TH FLOOR

(Street)
AUSTIN TEXAS 78758

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Commerce.com, Inc. [ CMRC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO & COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Series 1 Common Stock03/21/2026F13,074D$2.67488,709D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Chuck Cassidy, Attorney-in-Fact for Lentz, Daniel03/24/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Commerce.com (CMRC) report for Daniel Lentz?

Commerce.com reported that CFO & COO Daniel Lentz had 13,074 shares of Series 1 Common Stock withheld to satisfy tax obligations. The Form 4 characterizes this as a tax-withholding disposition, not an open-market sale or purchase of CMRC shares.

Was the Commerce.com (CMRC) Form 4 transaction an open-market sale?

The Form 4 shows a tax-withholding disposition, not an open-market sale. 13,074 shares were delivered at $2.67 per share to cover tax liability, as described by the F code, rather than sold voluntarily on the market.

How many Commerce.com (CMRC) shares does Daniel Lentz hold after this filing?

After the reported tax-withholding transaction, Daniel Lentz directly holds 488,709 shares of Commerce.com Series 1 Common Stock. This figure reflects his position following the 13,074-share disposition used to satisfy tax obligations associated with his equity compensation.

What does transaction code F mean in the Commerce.com (CMRC) Form 4?

Transaction code F on the Form 4 indicates payment of an exercise price or tax liability by delivering securities. For Commerce.com, this means 13,074 CMRC shares were withheld from Daniel Lentz to cover tax obligations, not sold in a discretionary market trade.

Is the Commerce.com (CMRC) insider transaction likely to be a major signal for investors?

The filing describes a tax-withholding disposition, which is typically a routine administrative event. Daniel Lentz still holds 488,709 CMRC shares directly, indicating this transaction is relatively small compared with his overall equity position in Commerce.com.
Commerce.com, Inc.

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