Lentz Daniel 4

What Happened
Daniel Lentz, CFO & COO of Commerce.com, reported a disposition of 1,724 shares on May 21, 2026. The shares were recorded at $2.96 each for a total value of $5,103. The filing shows the shares were disposed to satisfy a tax obligation (code F), not an open-market sale.

Key Details

• Transaction date: 2026-05-21; reported filing date: 2026-05-26. The filing appears to be one business day late (Form 4 is generally due within two business days).
• Price/value: 1,724 shares at $2.96 each, total $5,103.
• Transaction code F: indicates payment of exercise price or tax liability via share withholding.
• Shares owned after the transaction: not specified in the provided filing summary.
• This was a tax-withholding disposition (routine administrative action), not a typical sale that signals a market trade.

Context
Code F transactions commonly occur when executives exercise options or when restricted stock units vest and shares are withheld to cover taxes. These withholdings are administrative and generally less informative about insider sentiment than open-market buys or sales.