Tax-withholding share disposition by Commerce.com (CMRC) chief revenue officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Commerce.com, Inc. Chief Revenue Officer Walter Robert reported a tax-related share disposition. On this Form 4, he transferred 2,278 shares of Series 1 Common Stock at $3.02 per share in a tax-withholding disposition to satisfy tax obligations, not as an open-market sale. After this transaction, he directly holds 24,722 shares of Series 1 Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Walter Robert
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Series 1 Common Stock | 2,278 | $3.02 | $7K |
Holdings After Transaction:
Series 1 Common Stock — 24,722 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Commerce.com (CMRC) report on this Form 4?
Commerce.com reported that Chief Revenue Officer Walter Robert disposed of 2,278 Series 1 Common Stock shares in a tax-withholding transaction. The shares were used to cover tax liabilities rather than sold on the open market, and this was recorded under transaction code F.
Who is the insider involved in the CMRC Form 4 filing and what is his role?
The insider is Walter Robert, Chief Revenue Officer of Commerce.com, Inc. He is an officer but not a director or 10% owner. This Form 4 records his direct ownership change from a tax-withholding share disposition, not a traditional market sale or purchase.
What does transaction code F mean in the Commerce.com (CMRC) Form 4?
Transaction code F indicates a tax-withholding disposition, where shares are delivered to pay an exercise price or tax liability. In this filing, Walter Robert used 2,278 Series 1 Common Stock shares to satisfy tax obligations instead of selling them in an ordinary market transaction.