Form 4: BigCommerce CFO Daniel Lentz Disposes of Shares to Cover Tax Obligations
SEC Form 4
BigCommerce Holdings CFO Daniel Lentz disposed of 8,091 shares of common stock on March 21, 2025, to satisfy tax withholding obligations.
Summary
- On March 21, 2025, Daniel Lentz, the Chief Financial Officer of BigCommerce Holdings, Inc. (BIGC), disposed of 8,091 shares of common stock.
- The transaction was executed at a price of $5.99 per share.
- This disposition was due to the satisfaction of tax withholding obligations.
- Following the transaction, Lentz directly owns 259,840 shares of BigCommerce common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an insider transaction for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice and provide transparency into insider transactions, allowing investors to monitor the actions of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Date of transaction: Daniel Lentz disposed of shares. |
| 03/25/2025 | Date of signature on the Form 4 filing. |
Keywords
BigCommerce, BIGC, Daniel Lentz, CFO, Form 4, Share Disposal, Tax Withholding, Insider Transaction
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