Commerce.com (CMRC) CFO uses shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Commerce.com, Inc. executive Daniel Lentz, the CFO & COO, reported a tax-withholding disposition of 7,825 shares of Series 1 Common Stock on February 21, 2026 at $3.02 per share. After this transaction, he directly owns 248,676 shares of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lentz Daniel
Role
CFO & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Series 1 Common Stock | 7,825 | $3.02 | $24K |
Holdings After Transaction:
Series 1 Common Stock — 248,676 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Commerce.com (CMRC) report for Daniel Lentz?
Commerce.com reported that CFO & COO Daniel Lentz executed a tax-withholding disposition of 7,825 shares of Series 1 Common Stock. The transaction used shares to cover tax obligations rather than representing an open-market purchase or sale of new shares.
What does transaction code F mean in the Commerce.com (CMRC) Form 4?
Transaction code F indicates a tax-withholding disposition, meaning shares were delivered to satisfy tax obligations. For Commerce.com, Daniel Lentz used 7,825 shares this way, rather than executing a typical open-market buy or sell transaction.
Is the Commerce.com (CMRC) insider transaction a buy or a sell?
The Commerce.com transaction is classified as a disposition for tax withholding, not a standard buy or sell. Code F shows shares were surrendered to pay taxes, so it does not represent an open-market sale by Daniel Lentz.
What role does Daniel Lentz hold at Commerce.com (CMRC) in this Form 4?
In this Form 4, Daniel Lentz is identified as an officer serving as CFO & COO of Commerce.com. His reported transaction involves a tax-withholding disposition of shares related to his equity compensation, while he continues to hold a substantial direct share position.