Commerce.com (CMRC) CAO logs 599-share tax-withholding disposition, keeps 84,625
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Commerce.com, Inc. Chief Accounting Officer Ban Hubert S reported a routine tax-related share disposition. On March 21, 2026, 599 shares of Series 1 Common Stock were withheld at $2.67 per share to cover tax obligations. After this tax-withholding transaction, he directly holds 84,625 shares, so only a small portion of his position was affected.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ban Hubert S
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Series 1 Common Stock | 599 | $2.67 | $2K |
Holdings After Transaction:
Series 1 Common Stock — 84,625 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Commerce.com (CMRC) report for Ban Hubert S?
Commerce.com reported that Chief Accounting Officer Ban Hubert S had 599 Series 1 Common Stock shares withheld for taxes. The transaction was coded “F,” indicating payment of tax liability by delivering securities rather than an open-market sale of existing holdings.
Was the CMRC insider transaction a tax withholding or an open-market sale?
The CMRC transaction was a tax-withholding event, not an open-market sale. Code “F” and the description show shares were delivered to satisfy tax obligations, a routine administrative step often tied to vesting or equity compensation events.
Does the CMRC Form 4 show any option exercises or derivative activity?
The Form 4 does not show option exercises or other derivative transactions in this event. The filing lists a single non-derivative tax-withholding disposition of 599 common shares, without additional derivative positions or exercises disclosed in the accompanying derivative summary.