Lentz Daniel 4

What Happened Daniel Lentz, Commerce.com’s Chief Financial Officer and Chief Operating Officer, reported an open-market sale of 6,840 shares on 2026-05-26. The filing lists a weighted-average price of $2.91 per share for total proceeds of $19,895. This transaction is a sale (disposition), not a purchase.

Key Details

• Transaction date: 2026-05-26; Form 4 filed: 2026-05-28 (timely filing).
• Transaction code: S (sale); reported weighted-average price: $2.91.
• Footnote: the $2.91 is a weighted average; individual trades occurred between $2.87 and $2.97. The filer offers to provide a breakdown by price on request (Footnote F1).
• Shares owned after the transaction: not disclosed in the information provided with this summary.

Context

• Sales by officers can be routine (e.g., liquidity, diversification, tax needs) and do not by themselves indicate company outlook. No 10b5-1 plan, option exercise, gift, or tax-withholding notation was indicated in the supplied filing.