Daniel Lentz, CFO and COO of Commerce.com, Inc. (NASDAQ:CMRC), filed a Form 4 on October 27, 2026, disclosing the sale of 797 shares of Series 1 Common Stock on October 23, 2026.

Key Highlights

  • Reporting person: Daniel Lentz, serving as CFO and COO of Commerce.com, Inc.
  • Transaction: Disposition of 797 shares of Series 1 Common Stock on October 23, 2026, at a price of $3.62 per share.
  • Transaction code: S (sale), made pursuant to a Rule 10b5-1(c) plan, as indicated by the box checked on the filing.
  • Beneficial ownership following transaction: 470,220 shares of Series 1 Common Stock held directly.
  • Filing signed: By Chuck Cassidy, Attorney-in-Fact for Daniel Lentz, on October 27, 2026.

Daniel Lentz's October 2026 Share Sale Under 10b5-1 Plan

According to the filing, Daniel Lentz, who serves as both CFO and COO of Commerce.com, Inc., disposed of 797 shares of the company's Series 1 Common Stock on October 23, 2026, at a price of $3.62 per share. The transaction is coded "S," indicating a sale, and the filing indicates it was executed pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Following the reported transaction, Lentz directly beneficially owned 470,220 shares of Series 1 Common Stock, according to the filing. No derivative securities transactions were reported in Table II of the form. The filing covers only non-derivative securities in Table I.

The Form 4 was filed with the SEC on October 27, 2026, with Chuck Cassidy signing as Attorney-in-Fact on behalf of Daniel Lentz. The issuer is identified in the filing as Commerce.com, Inc., trading on NASDAQ under the symbol CMRC.

What Was Disclosed

Commerce.com CFO and COO Daniel Lentz reported the sale of 797 shares of Series 1 Common Stock at $3.62 per share on October 23, 2026, under a Rule 10b5-1 plan, leaving him with direct beneficial ownership of 470,220 shares.