---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-114540"
form_type: "8-K"
ticker: "CMRC"
cik: "0001626450"
company_name: "Commerce.com, Inc."
filed_at: "2025-09-12T23:59:59+00:00"
generated_at: "2026-05-17T06:44:52.425295+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Commerce.com extends Executive Chair Siminoff's term through Sept 2026 with $200K and options

## Summary
- Board extended Ellen F. Siminoff's term as Executive Chair for one year, beginning October 1, 2025.
- Approved annual cash payment of $200,000, payable quarterly.
- Granted option to purchase 247,963 shares of CMRC common stock, vesting monthly over 12 months.
- Option awarded under 2020 Equity Incentive Plan, subject to continued service.

## SEC filing metadata
- accession: 0000950170-25-114540
- form_type: 8-K
- ticker: CMRC
- cik: 0001626450
- company_name: Commerce.com, Inc.
- filed_at: 2025-09-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1626450/000095017025114540/0000950170-25-114540-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1626450/000095017025114540/bigc-20250912.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-114540
- JSON: https://secwatch.observer/filing/0000950170-25-114540.json
- Plain text: https://secwatch.observer/filing/0000950170-25-114540.txt

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