Form 4: BigCommerce CFO Daniel Lentz Reports Pre-Planned Stock Disposition for Tax Purposes

BigCommerce Holdings, Inc.'s Chief Financial Officer, Daniel Lentz, reported the pre-planned disposition of 3,339 shares of common stock at $5 per share, primarily for tax withholding, effective June 30, 2025.

Summary

• Daniel Lentz, Chief Financial Officer of BigCommerce Holdings, Inc. (BIGC), reported a transaction involving company stock.
• The transaction, which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), is scheduled for June 30, 2025.
• It involves the disposition of 3,339 shares of Series 1 Common Stock at a price of $5 per share.
• The transaction code "F" indicates that the disposition is for the payment of tax liability by withholding securities.
• Following this transaction, Daniel Lentz will directly beneficially own 256,501 shares of Series 1 Common Stock.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction for tax purposes, not indicative of positive or negative company performance or outlook.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine, small-scale disposition for tax purposes by an executive, not a significant sale indicating lack of confidence.

Key Dates

Keywords

BigCommerce Holdings Inc., BIGC, Daniel Lentz, CFO, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Common Stock, Beneficial Ownership, Rule 10b5-1