Commerce.com (CMRC) CFO sells 1,544 shares, still directly holds 475,262
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Commerce.com, Inc. reported that its CFO & COO, Daniel Lentz, completed an open-market sale of Series 1 Common Stock. He sold 1,544 shares at a price of $2.96 per share. After this transaction, he continues to hold 475,262 shares directly, indicating it is a relatively small sale compared with his remaining stake.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,544 shares ($4,570)
Net Sell
1 txn
Insider
Lentz Daniel
Role
CFO & COO
Sold
1,544 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Series 1 Common Stock | 1,544 | $2.96 | $5K |
Holdings After Transaction:
Series 1 Common Stock — 475,262 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 1,544 shares
Sale price per share: $2.96 per share
Shares held after transaction: 475,262 shares
3 metrics
Shares sold
1,544 shares
Series 1 Common Stock sold in open-market transaction
Sale price per share
$2.96 per share
Price for Series 1 Common Stock on transaction date
Shares held after transaction
475,262 shares
Direct holdings of Series 1 Common Stock post-sale
Key Terms
open-market sale, Series 1 Common Stock, non-derivative
3 terms
open-market sale financial
"transaction_action: "open-market sale" for the reported shares"
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.
Series 1 Common Stock financial
"security_title: "Series 1 Common Stock" in the transaction details"
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.
non-derivative financial
"transaction_type is listed as "non-derivative" for this sale"
FAQ
What insider transaction did CMRC disclose for Daniel Lentz?
Commerce.com, Inc. disclosed that CFO & COO Daniel Lentz executed an open-market sale of 1,544 shares of Series 1 Common Stock at $2.96 per share. Following this transaction, he directly holds 475,262 shares, according to the Form 4 filing.
Was Daniel Lentz’s CMRC transaction a buy or a sell?
The transaction was a sale. The Form 4 uses transaction code “S” and describes it as an open-market sale of non-derivative Series 1 Common Stock, meaning Lentz reduced his directly held position by 1,544 shares in this specific transaction.
Does the CMRC Form 4 involve any derivative securities or options?
No, this Form 4 transaction involves only non-derivative Series 1 Common Stock. The derivativeSummary section is empty, indicating no options, warrants, or other derivative securities were reported in connection with this specific insider transaction by Daniel Lentz.