Ban Hubert S, the Chief Accounting Officer of Commerce.com, Inc., has reported a transaction involving 388 shares of the company's stock. This filing, dated October 23, 2026, is significant as it reflects the ongoing activity and transparency expected from corporate officers in the prepackaged software services industry.
Background
Commerce.com, Inc. operates under the SIC classification for services related to prepackaged software. The company, which was formerly known as BigCommerce Holdings, Inc., is based in Austin, Texas. The recent filing history indicates a series of transactions by Ban Hubert S, with the latest being reported on October 21, 2026.
What the Filing Says
The SEC filing reveals that Ban Hubert S acquired 388 shares of Series 1 Common Stock at a price of $3.62 per share. Following this transaction, Hubert holds a total of 80,606 shares. The filing states, "Transaction Code: D" indicating that the shares were disposed of.
Impact
This transaction may influence investor perceptions of Commerce.com, especially in light of the company's recent activities. As the prepackaged software services sector continues to evolve, such disclosures are crucial for maintaining investor trust and regulatory compliance.
What's Next
The filing does not say what happens next.
Additional Details
In this filing, Ban Hubert S is identified as the Chief Accounting Officer of Commerce.com, Inc., which underscores his role in overseeing the company's financial reporting and compliance. The address listed for both Ban Hubert S and Commerce.com, Inc. is 11920 Alterra Parkway, DL 11, Suite 100, 8th Floor, Austin, TX 78758, indicating a centralized location for corporate operations.
Transaction Context
The transaction, categorized under the SEC Form 4, is part of the regulatory requirements for corporate officers to disclose their trades in the company's securities. This particular transaction was executed on October 21, 2026, and reflects the ongoing commitment to transparency in financial dealings by key executives.
Ownership Structure
Following this transaction, Ban Hubert S holds a total of 80,606 shares of Commerce.com, Inc., which represents a direct ownership stake in the company. The filing indicates that he is not a director or a ten-percent owner, but his position as an officer is significant in terms of corporate governance.
Signatory Information
The filing was signed by Chuck Cassidy, who acted as Attorney-in-Fact for Ban Hubert S, on October 23, 2026. This delegation of signing authority is a common practice in corporate filings, ensuring that necessary disclosures are made in a timely manner.