Newegg Commerce insider files to sell 0.12% stake via Form 144

Rhea-AI Filing Summary

Newegg Commerce Inc. (NEGG) has filed a Form 144 indicating an insider’s intention to sell 23,699 common shares through Tiger Brokers (Singapore) on or about 7 Aug 2025. The planned sale carries an aggregate market value of ≈ $1.40 million and equals roughly 0.12 % of the 19.48 million shares outstanding, making the transaction quantitatively immaterial to the public float. The shares were originally acquired on 18 Aug 2016 from the issuer at $14.40 each under a share-purchase agreement. No other dispositions have been reported by the seller during the past three months. Because Form 144 serves only as advance notice, execution is not guaranteed; nonetheless, it signals potential insider liquidity. The filing provides no operational or earnings data and does not alter company fundamentals.

Positive

• Sale represents only 0.12 % of outstanding shares, posing negligible dilution or supply risk.
• Timely Form 144 filing demonstrates regulatory compliance and transparency.

Negative

• Insider intends to sell $1.4 million in stock, which can signal reduced confidence or create mild overhang.

Insights

Financial Analyst

TL;DR: Minor insider sale (0.12 % float)—negligible financial impact, mildly negative sentiment.

The planned divestiture is small relative to outstanding shares and unlikely to move NEGG’s valuation or liquidity profile. With no concurrent negative disclosures, the sale appears motivated by personal liquidity rather than strategic concerns. Still, insider selling can generate short-term bearish sentiment, so investors may watch subsequent Form 4s for follow-through. Overall, I view the filing as immaterial to NEGG’s investment thesis.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Tiger Brokers (Singapore) Pte. Ltd. 1 Raffles Place, #35-61 One Raffles Place Tower 2 Singapore U0 048616	23699	1398004.01	19478394	08/07/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	08/18/2016	Shares were purchased from the Issuer pursuant to a Share Purchase Agreement dated April 28, 2016	Issuer			1064000	08/18/2016	The securities were purchased for $14.40 per share

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Newegg (NEGG) shares are being sold under this Form 144?

The notice covers 23,699 common shares.

What is the market value of the planned NEGG share sale?

The aggregate market value is estimated at $1,398,004.01.

What percentage of Newegg’s shares outstanding does the sale represent?

Approximately 0.12 % of the company’s 19.48 million shares outstanding.

When were the shares originally acquired and at what price?

They were purchased on 18 Aug 2016 at $14.40 per share via a share-purchase agreement with the issuer.

Does the Form 144 guarantee the shares will be sold?

No. Form 144 is a notice of intent; the sale may or may not occur depending on market conditions and insider decisions.