Vanguard disaggregates holdings after realignment (CMRC) — reports 0 shares

Rhea-AI Filing Summary

Commerce.com Inc: The Vanguard Group files an Amendment No. 5 to Schedule 13G/A reporting zero beneficial ownership. The filing states 0 shares and 0% of Common Stock as beneficially owned. It notes an internal realignment of The Vanguard Group on January 12, 2026 that produced disaggregated reporting by subsidiaries. The filing is signed by Ashley Grim on 03/26/2026.

Insights

Securities Compliance Counsel

Amendment records disaggregated reporting and reports no beneficial ownership.

The filing formally documents that The Vanguard Group and certain affiliates will report holdings separately following an internal reorganization effective January 12, 2026. The filing shows 0 shares and 0% beneficial ownership of Common Stock.

From a compliance view, this is an administrative amendment aligning public disclosures with the SEC Release No. 34-39538 framework. Future filings from specific Vanguard subsidiaries may show holdings separately.

Index Fund/ETF Operations Analyst

Zero ownership here indicates no direct Vanguard stake reported under this entity.

The statement that subsidiaries will report disaggregated holdings suggests portfolio positions, if any, will appear under other Vanguard filers rather than this central reporting entity. The filing explicitly lists 0 shares and 0%.

Operationally, this limits investor inference from this specific filing; any position changes will depend on subsequent subsidiary-level 13G/A or 13D filings.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

Commerce.com Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

(CUSIP Number)

03/13/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP No.

1

Names of Reporting Persons

The Vanguard Group

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Commerce.com Inc
(b)	Address of issuer's principal executive offices: 11920 Alterra Pkwy, D11 / Suite 100, 8th Floor, Austin, TX, 78758
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd.,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.:
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	03/26/2026

FAQ

What does The Vanguard Group report for Commerce.com Inc (CMRC)?

The Vanguard Group reports 0 shares and 0% beneficial ownership of Commerce.com Inc common stock. The amendment notes an internal realignment on January 12, 2026 and is signed on 03/26/2026.

Why does the filing mention an internal realignment by Vanguard?

The filing explains Vanguard reorganized on January 12, 2026, causing certain subsidiaries to report holdings separately under SEC Release No. 34-39538. That change leads to disaggregated 13G/A reporting by affiliates.

Does this Schedule 13G/A show any Vanguard subsidiaries owning CMRC shares?

This amendment reports only The Vanguard Group's position and shows 0 shares. It states subsidiaries will report separately, so any subsidiary holdings would appear in separate filings, not in this amendment.

Who signed the amendment and when was it executed?

The amendment is signed by Ashley Grim, Head of Global Fund Administration, with the signature date shown as 03/26/2026. The cover lists 03/13/2026 near the header.

Does this filing change Commerce.com Inc's ownership structure?

No ownership change for Commerce.com Inc is shown here; the filing records 0 shares and 0% for The Vanguard Group. It documents reporting adjustments within Vanguard, not a transfer of company ownership.