STOCK TITAN

Commerce.com (CMRC) CFO has 3,339 shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Commerce.com, Inc. executive Daniel Lentz, the CFO & COO, reported a tax-related share withholding on his Series 1 Common Stock. On this Form 4, 3,339 shares were disposed of at $2.96 per share to satisfy tax obligations rather than through an open-market sale.

After this non-derivative tax-withholding disposition, Lentz directly holds 476,806 shares of Series 1 Common Stock. The transaction reflects routine handling of equity compensation taxes and represents a small portion of his reported ownership position.

Positive

  • None.

Negative

  • None.
Insider Lentz Daniel
Role CFO & COO
Type Security Shares Price Value
Tax Withholding Series 1 Common Stock 3,339 $2.96 $10K
Holdings After Transaction: Series 1 Common Stock — 476,806 shares (Direct, null)
Footnotes (1)
Shares disposed for tax withholding 3,339 shares Non-derivative disposition, transaction code F
Price per share used for tax withholding $2.96 per share Value applied to 3,339-share tax-withholding disposition
Shares held after transaction 476,806 shares Direct ownership of Series 1 Common Stock following disposition
tax-withholding disposition financial
"reported a tax-related share withholding on his Series 1 Common Stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Series 1 Common Stock financial
"3,339 shares of 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.
transaction code F financial
"classified as a non-derivative tax-withholding disposition under transaction code F"
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FAQ

What insider transaction did CMRC executive Daniel Lentz report on this Form 4?

Daniel Lentz reported a tax-withholding disposition of 3,339 shares of Series 1 Common Stock. The shares were delivered at $2.96 each to satisfy tax obligations related to equity compensation, not as an open-market sale.

How many CMRC shares were disposed of for taxes by Daniel Lentz?

Daniel Lentz had 3,339 shares of Series 1 Common Stock disposed of for tax withholding. The transaction used a per-share value of $2.96 and is classified as a non-derivative tax-withholding disposition under transaction code F.

How many CMRC shares does Daniel Lentz hold after this Form 4 transaction?

After the tax-withholding transaction, Daniel Lentz directly holds 476,806 shares of Series 1 Common Stock. This figure reflects his position following the 3,339-share disposition used to cover tax liabilities on equity compensation.

What does transaction code F mean in the CMRC Form 4 filing for Daniel Lentz?

Transaction code F indicates a tax-related disposition where shares are delivered to pay the exercise price or tax liability. In this case, 3,339 CMRC shares were used to satisfy taxes on equity compensation, rather than being sold in the market.

Is the CMRC Form 4 transaction by Daniel Lentz an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were delivered to cover tax liabilities at $2.96 per share, a common mechanism for handling equity compensation taxes for executives.
SEC Form 4
FORM 4UNITED 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).
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO & COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Series 1 Common Stock06/30/2026F3,339D$2.96476,806D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Chuck Cassidy, Attorney-in-Fact for Lentz, Daniel07/02/2026
** Signature of Reporting PersonDate
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)