Commerce.com (CMRC) CFO granted 266,584 shares, surrenders some for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Commerce.com, Inc. reported that CFO & COO Daniel Lentz received two grants of Series 1 Common Stock on 2026-03-03, totaling 266,584 shares at a stated price of $0.0000 per share. On the same date, 13,477 shares were disposed of at $2.9600 per share to cover tax obligations. After these transactions, Lentz held 501,783 Series 1 Common Stock shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Lentz Daniel
Role
CFO & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Series 1 Common Stock | 236,407 | $0.00 | -- |
| Grant/Award | Series 1 Common Stock | 30,177 | $0.00 | -- |
| Tax Withholding | Series 1 Common Stock | 13,477 | $2.96 | $40K |
Holdings After Transaction:
Series 1 Common Stock — 485,083 shares (Direct)
Footnotes (1)
FAQ
What insider transactions did CMRC CFO Daniel Lentz report?
Daniel Lentz reported two stock grants and one tax-related share disposition. He acquired 266,584 Series 1 Common Stock shares at a stated price of $0.0000, then disposed of 13,477 shares at $2.9600 to satisfy tax obligations, ending with 501,783 shares held directly.
What type of Form 4 transactions occurred for CMRC on March 3, 2026?
The Form 4 shows two grant or award acquisitions and one tax-withholding disposition of Series 1 Common Stock. All transactions occurred on March 3, 2026, resulting in a net increase in Daniel Lentz’s directly held shares to a total of 501,783 after the activity.
Were Daniel Lentz’s CMRC transactions open-market buys or sells?
The reported acquisitions were classified as grants or awards at a stated price of $0.0000, not open-market purchases. The disposition used transaction code “F,” indicating shares were delivered to pay an exercise price or tax liability, rather than being sold in an open market transaction.
What was the price used for Daniel Lentz’s CMRC tax-withholding disposition?
The tax-withholding disposition of 13,477 Series 1 Common Stock shares used a transaction price of $2.9600 per share. This transaction was coded “F,” meaning the shares were delivered to satisfy an exercise price or tax liability, not recorded as an ordinary market sale.