Form 4: BigCommerce Director Donald Clarke Increases Stake Through Stock Awards

BigCommerce Holdings, Inc. Director Donald E. Clarke reported the acquisition of 37,296 shares of Series 1 Common Stock at no cost, increasing his direct and indirect beneficial ownership.

Summary

• Donald E. Clarke, a Director of BigCommerce Holdings, Inc., reported the acquisition of 34,337 shares of Series 1 Common Stock on June 5, 2025, at a price of $0.00 per share.
• On the same date, he acquired an additional 2,959 shares of Series 1 Common Stock, also at $0.00 per share, bringing his total direct beneficial ownership to 123,491 shares.
• These acquisitions, totaling 37,296 shares, are indicated as being made pursuant to a Rule 10b5-1(c) plan.
• Mr. Clarke also maintains indirect beneficial ownership of 145,910 shares through various irrevocable trusts.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, especially at a $0.00 price (suggesting grants), is generally a positive signal as it aligns management's interests with shareholders and indicates confidence in the company's future.

Positives

• Director Donald E. Clarke increased his direct beneficial ownership in BigCommerce Holdings, Inc. by acquiring 37,296 shares, signaling confidence in the company's future.
• The acquisition of shares at $0.00 suggests these were likely stock grants or awards, which align management's interests with shareholders.
• The transactions were made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan designed to comply with insider trading laws.

Future Outlook

This SEC Form 4 filing reports insider transactions and does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This document is an insider transaction report specific to BigCommerce Holdings, Inc. and does not provide broader industry context or trends. It reflects an individual director's equity holdings and recent acquisitions within the company.

Related Party Transactions

• Donald E. Clarke holds indirect beneficial ownership of 145,910 shares of Series 1 Common Stock through six irrevocable trusts: Donald E Clarke Irrevocable Trust (68,090 shares), Ellen C. Whittet Irrevocable Trust (15,564 shares), John A. Clarke Irrevocable Trust (15,564 shares), Leanne C. Allan Irrevocable Trust (15,564 shares), Robin K. Clarke Irrevocable Trust (15,564 shares), and Thomas J. Clarke Irrevocable Trust (15,564 shares).

Stakeholder Impact

• Shareholders: Increased alignment of a director's interests with shareholders due to increased equity ownership, potentially fostering long-term value creation.

Key Dates

Keywords

BigCommerce, BIGC, Donald E. Clarke, Director, Stock Acquisition, Beneficial Ownership, SEC Form 4, Insider Transaction, Equity Grant, Rule 10b5-1