STOCK TITAN

Commerce.com (CMRC) counsel uses 1,463 shares for tax withholding

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

Rhea-AI Filing Summary

Commerce.com, Inc. General Counsel and Secretary Charles D. Cassidy reported a routine tax-related share withholding. On the transaction date, 1,463 shares of Series 1 Common Stock were disposed of at $3.18 per share to cover tax obligations, rather than through an open-market sale. After this tax-withholding disposition, Cassidy directly held 165,730 shares of Series 1 Common Stock.

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Insider Cassidy Charles D
Role General Counsel and Secretary
Type Security Shares Price Value
Tax Withholding Series 1 Common Stock 1,463 $3.18 $5K
Holdings After Transaction: Series 1 Common Stock — 165,730 shares (Direct, null)
Footnotes (1)
Tax-withholding shares 1,463 shares Shares delivered to cover tax or exercise costs
Transaction price per share $3.18 per share Reference price for tax-withholding disposition
Shares held after transaction 165,730 shares Direct holdings of Series 1 Common Stock after Form 4 event
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Series 1 Common Stock financial
"security_title": "Series 1 Common Stock""
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 by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
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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*
Cassidy Charles D

(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)
General Counsel and Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026
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 Stock06/02/2026F1,463D$3.18165,730D
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:
Charles D. Cassidy06/04/2026
** 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 Charles D. Cassidy?

Commerce.com reported that Charles D. Cassidy had 1,463 shares of Series 1 Common Stock withheld to cover tax obligations. This was a tax-withholding disposition, not an open-market sale, and relates to payment of exercise price or tax liability.

Was the Commerce.com (CMRC) Cassidy transaction a stock sale in the market?

No, the transaction was a tax-withholding disposition, coded "F" on Form 4. Shares were delivered to satisfy tax or exercise costs, meaning Cassidy did not execute an open-market sale despite a dispose classification in the filing data.

How many Commerce.com (CMRC) shares does Charles D. Cassidy hold after this filing?

Following the tax-withholding disposition, Charles D. Cassidy directly holds 165,730 shares of Commerce.com Series 1 Common Stock. This figure reflects his position after 1,463 shares were delivered to cover tax or exercise-related obligations.

What price per share was used for Cassidy’s Commerce.com (CMRC) tax withholding?

The tax-withholding disposition used a reference price of $3.18 per share for 1,463 shares. This price is shown in the Form 4 as the transaction price per share for the Series 1 Common Stock used to satisfy the tax-related obligation.

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

Transaction code "F" indicates payment of exercise price or tax liability by delivering securities. In Cassidy’s case, 1,463 shares of Series 1 Common Stock were disposed of to meet tax or exercise costs, rather than representing an ordinary market sale.