Commerce.com (CMRC) counsel delivers 1,269 shares to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Commerce.com, Inc. General Counsel and Secretary Cassidy Charles D reported a routine tax-related share disposition. On this Form 4, 1,269 shares of Series 1 Common Stock were delivered at $2.67 per share to cover tax obligations. Following this non-market transaction, he directly owns 167,599 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cassidy Charles D
Role
General Counsel and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Series 1 Common Stock | 1,269 | $2.67 | $3K |
Holdings After Transaction:
Series 1 Common Stock — 167,599 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did CMRC’s Cassidy Charles D report on this Form 4?
Cassidy Charles D reported a tax-related share disposition of 1,269 shares of Series 1 Common Stock. The shares were delivered at $2.67 per share to satisfy tax obligations, not sold on the open market, according to the Form 4 details.
What does transaction code F mean in the CMRC insider filing?
Transaction code F indicates a tax-related disposition, specifically payment of an exercise price or tax liability by delivering securities. In this CMRC filing, it reflects 1,269 shares used to cover tax obligations, not an ordinary purchase or sale on a stock exchange.
What role does the reporting person hold at Commerce.com, Inc. (CMRC)?
The reporting person, Cassidy Charles D, serves as General Counsel and Secretary at Commerce.com, Inc. This officer role is disclosed in the Form 4 data and explains why his equity-related transactions in CMRC shares must be reported to regulators and investors.
Does the CMRC Form 4 indicate large buying or selling activity by the insider?
No, the Form 4 reflects a small tax-withholding disposition of 1,269 shares, not a large buy or sell. The transaction is administrative in nature, and the insider continues to directly own 167,599 shares of Series 1 Common Stock after the event.