Form 4: Commerce.com Director Acquires 3,275 Shares

Commerce.com Director Donald E. Clarke acquired 3,275 shares of Series 1 Common Stock on November 13, 2025, increasing his direct beneficial ownership.

Summary

• Donald E. Clarke, a Director of Commerce.com, Inc. (CMRC), acquired 3,275 shares of Series 1 Common Stock.
• The transaction occurred on November 13, 2025, with a reported price of $0.00 per share, indicating a grant or award.
• Following this transaction, Donald E. Clarke directly beneficially owns 129,935 shares of Series 1 Common Stock.
• Indirect beneficial ownership includes 68,090 shares held by the Donald E Clarke Irrevocable Trust, and 15,564 shares each by the Ellen C. Whittet, John A. Clarke, Leanne C. Allan, Robin K. Clarke, and Thomas J. Clarke Irrevocable Trusts.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even if granted at no cost, generally aligns the director's interests with the company's performance, which is a positive signal for shareholders. It indicates continued commitment and confidence from a key insider.

Positives

• A director's acquisition of additional shares, even if granted at $0.00, generally indicates continued alignment of management's interests with shareholder value.
• The increase in direct beneficial ownership by a key director could signal confidence in the company's future prospects.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This insider transaction report is specific to Commerce.com, Inc. and does not provide broader industry trends or competitive analysis. Insider buying or grants can be a signal of confidence within the specific company, but its impact on the broader industry is minimal.

Related Party Transactions

• Donald E. Clarke's indirect beneficial ownership includes shares held by various irrevocable trusts, including the Donald E Clarke Irrevocable Trust, Ellen C. Whittet Irrevocable Trust, John A. Clarke Irrevocable Trust, Leanne C. Allan Irrevocable Trust, Robin K. Clarke Irrevocable Trust, and Thomas J. Clarke Irrevocable Trust.

Stakeholder Impact

• Shareholders may view the director's increased ownership as a positive sign of management's commitment and belief in the company's future, potentially fostering increased investor confidence.

Key Dates

Keywords

Commerce.com, CMRC, Form 4, Insider Transaction, Beneficial Ownership, Director Stock Acquisition, Equity Grant