Commerce.com (CMRC) Chief Accounting Officer Hubert Ban Surrenders 3,243 Shares

What Happened
Hubert S. Ban, Chief Accounting Officer of Commerce.com, surrendered 3,243 shares to cover a tax liability (transaction code F). The shares were disposed at $2.22 per share for a total value of $7,199. This was a tax-withholding disposition, a routine administrative action rather than an open-market sale.

Key Details

• Transaction date: August 21, 2026
• Price per share: $2.22; Total value: $7,199
• Transaction type/code: Disposition for payment of tax liability (Code F)
• Filing date: August 25, 2026 (Form 4 accession no. 0001980265-26-000009) — filed within the standard two-business-day window for Section 16 reporting in this case
• Shares owned after the transaction: Not specified in the provided filing excerpt

Context
Code F indicates shares were withheld or surrendered to satisfy tax obligations arising from an equity award or option exercise. These withholding transactions are routine and primarily administrative; they generally do not signal the insider taking a directional position in the stock. Purchases are typically more indicative of insider bullishness, while withholding disposals are common following vesting or exercise events.