---
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"
generated_at: "2026-06-12T18:22:33.459040+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# BigCommerce appoints Steven Chung as President to lead enterprise push

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-036162
- JSON: https://secwatch.observer/filing/0000950170-23-036162.json
- Plain text: https://secwatch.observer/filing/0000950170-23-036162.txt

## Key facts
- Executive change
  Steven Chung was appointed as President at Commerce.com, Inc..
  - Action: appointed
  - Role: President
  source text: appointed Steven Chung, age 56, as its President, effective August 14, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1626450/000095017023036162/0000950170-23-036162-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.