Commerce.com (CMRC) Director Reports 3,169-Share Acquisition

Rhea-AI Filing Summary

Donald E. Clarke, a director of Commerce.com, Inc. (CMRC), reported a non-derivative acquisition of 3,169 Series 1 Common Stock on 08/14/2025. The reported price for the acquisition is shown as $0.00. After the reported transaction, Mr. Clarke is shown as beneficially owning 126,660 shares directly and 68,090 shares indirectlyDonald E Clarke Irrevocable Trust. Additional indirect holdings of 15,564 shares08/18/2025.

Positive

• Director increased direct holdings with acquisition of 3,169 Series 1 Common Stock on 08/14/2025
• Substantial total beneficial ownership is disclosed: 126,660 shares direct and multiple indirect trust holdings

Negative

• Transaction price reported as $0.00 with no explanation provided in the filing
• No explanatory remarks or details about the nature of the $0.00 transfer or whether it relates to issuance, gift, or other transfer

Insights

Securities Analyst

TL;DR: Director reported a small acquisition and retains substantial direct and indirect holdings; transaction recorded at $0.00.

The filing documents a non-derivative acquisition of 3,169 shares by a director, with the transaction dated 08/14/2025 and a reported price of $0.00. Post-transaction beneficial ownership totals are explicitly stated: 126,660 shares direct and 68,090 shares indirect via the Donald E Clarke Irrevocable Trust, plus multiple 15,564-share indirect holdings across other named trusts. The $0.00 price suggests the shares were issued or transferred without a cash purchase reflected on this form, but the filing contains no explanatory text or instrument details. For investors, the material facts are the quantities, dates, and the mix of direct and trust-based indirect ownership; no derivative activity is reported.

Corporate Governance Expert

TL;DR: Disclosure shows insider accumulation and layered trust holdings; no amendments or derivative transactions reported.

The Form 4 is filed by one reporting person identified as a director. It lists an acquisition of 3,169 Series 1 Common Stock and detailed post-transaction ownership by direct and several indirect trust accounts. There are no entries in the derivatives table and no explanatory remarks provided. The filing was executed by an attorney-in-fact. From a governance standpoint, the document conveys the ownership structure explicitly but does not explain the mechanics of the reported $0.00 transaction or any plan under Rule 10b5-1.

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
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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^*

Clarke Donald E

(Last) (First) (Middle)

11920 ALTERRA PARKWAY, DL 11 /

SUITE 100, 8TH FLOOR

(Street)

AUSTIN TX 78758

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Commerce.com, Inc. [ CMRC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	08/14/2025		A		3,169	A	$0.00	126,660	D
Series 1 Common Stock								68,090	I	By Donald E Clarke Irrevocable Trust
Series 1 Common Stock								15,564	I	By Ellen C. Whittet Irrevocable Trust
Series 1 Common Stock								15,564	I	By John A. Clarke Irrevocable Trust
Series 1 Common Stock								15,564	I	By Leanne C. Allan Irrevocable Trust
Series 1 Common Stock								15,564	I	By Robin K. Clarke Irrevocable Trust
Series 1 Common Stock								15,564	I	By Thomas J. Clarke Irrevocable Trust

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:

Remarks:

	/s/ Chuck Cassidy, Attorney-in-Fact for Clarke, Donald E.	08/18/2025
	** 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.

FAQ

What did Donald E. Clarke report on Form 4 for CMRC?

He reported a non-derivative acquisition of 3,169 Series 1 Common Stock dated 08/14/2025.

How many CMRC shares does Donald E. Clarke beneficially own after the reported transaction?

The filing shows 126,660 shares directly and 68,090 shares indirectly15,564 shares each for several named trusts.

Was any derivative security reported by the insider in this Form 4 for CMRC?

No. The derivatives table contains no reported transactions or holdings.

What price was reported for the acquisition on the Form 4?

The reported price for the acquisition is listed as $0.00 in the filing.

Who signed the Form 4 filing for Donald E. Clarke?

The form was signed by /s/ Chuck Cassidy, Attorney-in-Fact for Clarke, Donald E. on 08/18/2025.