{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-036162","form_type":"8-K","ticker":"CMRC","cik":"0001626450","company_name":"Commerce.com, Inc.","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.602851+00:00","generated_at":"2026-06-12T18:22:33.459040+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"BigCommerce appoints Steven Chung as President to lead enterprise push","bullets":["Steven Chung named President effective Aug 14, 2023; will lead sales, marketing, and services.","Chung previously President at Delphix and SVP Worldwide Sales at Demandware (acquired by Salesforce).","Base salary of $460,000, target bonus 80%, option for 175,263 shares plus 272,632 RSUs.","Chung's equity vests over 4 years (stock option over 4 years, RSUs annually over 4 years).","CEO Brent Bellm cites Chung's enterprise ecommerce playbook experience at Demandware."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-036162","json":"https://secwatch.observer/filing/0000950170-23-036162.json","markdown":"https://secwatch.observer/filing/0000950170-23-036162.md","text":"https://secwatch.observer/filing/0000950170-23-036162.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1626450/000095017023036162/0000950170-23-036162-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1626450/000095017023036162/bigc-20230801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T18:22:33.459040+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d376c43342","claim":"Steven Chung was appointed as President at Commerce.com, Inc..","evidence_excerpt":"appointed Steven Chung, age 56, as its President, effective August 14, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1626450/000095017023036162/0000950170-23-036162-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}