Newegg (NEGG) Form 144: Insider option sale and recent 900-share disposals

Rhea-AI Filing Summary

Newegg Commerce, Inc. (NEGG) Form 144 reports a proposed sale of 150 common shares through Fidelity Brokerage Services LLC, with an aggregate market value of $11,448.00 and an approximate sale date of 08/13/2025. The filing states these shares were acquired by exercise of an option (option granted 06/15/2020) and paid for in cash. The issuer's shares outstanding are listed as 19,478,394. The filing also discloses prior sales by the same person totaling 900 shares for aggregate gross proceeds of $57,016.64 across transactions on 08/07/2025, 08/08/2025, 08/11/2025 and 08/12/2025. The notice includes the standard representation that the seller does not possess undisclosed material adverse information about the issuer.

Insights

Securities Analyst

TL;DR: This is a small, routine insider sale via exercised option; unlikely to materially affect NEGG's valuation.

The filing documents a proposed sale of 150 common shares through Fidelity Brokerage Services for an aggregate market value of $11,448.00. The shares were recorded as acquired by option exercise (option granted 06/15/2020) and paid in cash. Recent disclosed sales total 900 shares for $57,016.64, indicating ongoing disposition activity by the same person. Given the issuer's listed 19,478,394 shares outstanding, these transactions are very small in absolute terms and are routine Rule 144 disclosures rather than material corporate events.

Corporate Governance Expert

TL;DR: The Form 144 shows procedural compliance with Rule 144 for option-related sales; disclosures appear complete for the transactions listed.

The notice identifies the broker (Fidelity Brokerage Services LLC), the nature of acquisition (option granted 06/15/2020), and payment method (cash). It lists prior sales by the same person with dates and gross proceeds, and includes the seller's representation about lack of undisclosed material adverse information. For governance and disclosure purposes this satisfies standard Rule 144 reporting expectations; there are no governance red flags or regulatory exceptions shown in the document itself.

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	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	150	11448.00	19478394	08/13/2025	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	08/13/2025	Option Granted - 06/15/2020	Issuer			150	08/13/2025	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Yong Feng Hou 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	08/07/2025	450	25431.14
Yong Feng Hou 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	08/08/2025	150	9000.00
Yong Feng Hou 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	08/11/2025	150	11575.50
Yong Feng Hou 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	08/12/2025	150	11010.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

What does the NEGG Form 144 disclose?

The Form 144 discloses a proposed sale of 150 common shares through Fidelity Brokerage Services with an aggregate market value of $11,448.00 and prior insider sales totaling 900 shares for $57,016.64.

Who is the broker handling the sale reported on NEGG Form 144?

The broker named in the filing is Fidelity Brokerage Services LLC located at the address shown in the notice.

When were the shares to be sold acquired and how?

The filing states the 150 shares were acquired by option exercise, with the option granted on 06/15/2020, and payment was made in cash.

How many shares does Newegg list as outstanding in the filing?

The filing lists 19,478,394 shares outstanding.

What recent insider sales are disclosed in the filing for NEGG?

The filing lists four recent sales by the same person: 08/07/2025 (450 shares, $25,431.14), 08/08/2025 (150 shares, $9,000.00), 08/11/2025 (150 shares, $11,575.50), and 08/12/2025 (150 shares, $11,010.00), totaling 900 shares and $57,016.64 gross proceeds.