Commerce.com (CMRC) CFO & COO sells 6,840 shares in open-market trade

Rhea-AI Filing Summary

Commerce.com, Inc. executive Daniel Lentz, the company’s CFO & COO, reported an open-market sale of Series 1 Common Stock. On May 26, 2026, he sold 6,840 shares at a weighted average price of $2.9086 per share, with individual trade prices ranging from $2.87 to $2.97. Following this transaction, he directly holds 480,145 shares of Commerce.com stock, so the sale reflects only a small portion of his reported ownership.

Insider Trade Summary 10b5-1

Net Seller: 6,840 shares ($19,895)

Net Sell 1 txn

Insider Lentz Daniel

Role CFO & COO

Sold 6,840 shs ($20K)

Type	Security	Shares	Price	Value
Sale	Series 1 Common Stock	6,840	$2.9086	$20K

Holdings After Transaction: Series 1 Common Stock — 480,145 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 6,840 shares Weighted average sale price: $2.9086 per share Price range: $2.87–$2.97 per share +2 more

5 metrics

Shares sold 6,840 shares Open-market sale on May 26, 2026

Weighted average sale price $2.9086 per share Series 1 Common Stock transaction

Price range $2.87–$2.97 per share Range for multiple trade executions

Shares owned after transaction 480,145 shares Direct holdings following sale

Net shares sold 6,840 shares Net-sell direction in transaction summary

Key Terms

open-market sale, weighted average price, Series 1 Common Stock

3 terms

open-market sale financial

"reported an open-market sale of Series 1 Common Stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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).

X

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO & COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Series 1 Common Stock	05/26/2026		S		6,840	D	$2.9086(1)	480,145	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.87 to $2.97, inclusive. The reporting person undertakes to provide to Commerce.com, Inc., any security holder of Commerce.com, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price with the ranges set forth in Footnote 1 to this Form 4.

Remarks:

	/s/ Chuck Cassidy, Attorney-in-Fact for Lentz, Daniel	05/28/2026
	** Signature of Reporting Person	Date
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 sold 6,840 shares of Series 1 Common Stock in an open-market transaction at a weighted average price of $2.9086 per share, with trade prices ranging from $2.87 to $2.97.

What price did the Commerce.com (CMRC) CFO receive for the shares sold?

The CFO & COO received a weighted average price of $2.9086 per share for the 6,840 shares sold. According to the filing, the individual trades were executed at prices between $2.87 and $2.97 per share, all within that narrow range.

How many Commerce.com (CMRC) shares does Daniel Lentz hold after this Form 4 sale?

After the reported sale, Daniel Lentz directly holds 480,145 shares of Commerce.com Series 1 Common Stock. This means the 6,840 shares sold on May 26, 2026 represent a relatively small fraction of his disclosed direct ownership position.

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

Yes. The Form 4 classifies the transaction as an open-market sale of non-derivative Series 1 Common Stock. It involves 6,840 shares sold on May 26, 2026, at a weighted average price of $2.9086 per share, based on multiple trades within a tight price range.

Does the Commerce.com (CMRC) Form 4 mention multiple trade prices for the insider sale?

Yes. A footnote explains that the reported $2.9086 price is a weighted average. The reported 6,840-share transaction was executed in multiple trades, with individual prices ranging from $2.87 to $2.97 per share, all on the same reported transaction date.