Commerce.com Director Sarah Gilligan Receives 4,042-Share Award

What Happened

• Sarah Gilligan, a director of Commerce.com, received an award of 4,042 shares on August 13, 2026. The shares were reported as acquired at $0.00, indicating a stock award/grant rather than an open-market purchase or sale. No cash value or sale proceeds are reported in the filing.

Key Details

• Transaction date: 2026-08-13; Form 4 filed: 2026-08-17 (filed within the standard two-business-day window).
• Transaction type/code: A — Award/Grant (acquisition).
• Shares acquired: 4,042 at $0.00 per share.
• Shares owned after the transaction: not specified in the information provided.
• Footnotes/conditions: filing does not specify vesting terms, tax withholding, or a 10b5-1 plan.

Context

• Awards reported at $0.00 typically reflect compensation grants (e.g., restricted stock or RSUs) rather than purchases; such grants may be subject to vesting and tax withholding rules, but those details weren’t disclosed in this filing.
• Because this is an award (not a purchase or sale), it does not directly signal a trading decision by the insider.