Newegg (NEGG) Form 144 — 150 Shares Proposed Sale via Fidelity

Rhea-AI Filing Summary

Newegg Commerce, Inc. (NEGG) Form 144 shows a proposed sale of 150 common shares to be executed through Fidelity Brokerage Services on 08/15/2025 with an aggregate market value of $17,532.00. The filing reports the 150 shares were acquired on 08/15/2025 pursuant to an option granted on 06/15/2020 and that payment for the sale will be made in cash. The issuer's outstanding shares are listed as 19,478,394. The filing also discloses that Yong Feng Hou sold 1,200 common shares across six transactions from 08/07/2025 to 08/14/2025, generating total gross proceeds of $84,964.64. The signer certifies no undisclosed material adverse information and notes potential reliance on a Rule 10b5-1 trading plan if applicable.

Positive

• Transaction transparency: Filing provides broker, dates, amounts, acquisition method, and prior sales as required under Rule 144
• Securities acquired via option exercise: Acquisition and planned sale are documented, clarifying the basis for the disposition

Negative

• Insider selling activity: Beneficial owner sold 1,200 shares in the prior week and proposes to sell an additional 150 shares, which may concern some investors despite being small relative to outstanding shares

Insights

Securities Analyst

TL;DR This is a routine insider notification of a small block sale following option acquisition, with limited market impact.

The filing documents a proposed sale of 150 shares executed through a broker on 08/15/2025 and confirms those shares were acquired contemporaneously via option exercise tied to a 06/15/2020 grant. Recent dispositions by the same beneficial owner total 1,200 shares over the prior week, producing roughly $84,965 in proceeds. For a company with 19,478,394 shares outstanding, these transactions represent de minimis dilution and are typical of scheduled sales by insiders exercising options or monetizing holdings. No new financial results, claims, or material developments about the issuer are disclosed.

Corporate Governance Expert

TL;DR Filing meets Rule 144 disclosure requirements; activity appears to be structured insider sales without disclosed material issues.

The notice includes required details: broker, number of shares, acquisition date and nature (option exercise), payment method (cash), and prior three-month sales by the same person. The signer asserts no undisclosed material adverse information, and the form references Rule 10b5-1 plan mechanics if applicable. From a governance perspective, the document is a standard transparency filing; it does not allege any governance changes, insider departures, or regulatory concerns.

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	17532.00	19478394	08/15/2025	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	08/15/2025	Option Granted 06/15/2020	Issuer			150	08/15/2025	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
Yong Feng Hou 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	08/13/2025	150	11448.00
Yong Feng Hou 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	08/14/2025	150	16500.00

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 NEGG's Form 144 filed for 08/15/2025 disclose?

It discloses a proposed sale of 150 common shares through Fidelity on 08/15/2025 with aggregate market value $17,532.00, acquired via option exercise.

How many shares did the insider sell in the past three months for NEGG?

The filing lists six sales by Yong Feng Hou from 08/07/2025 to 08/14/2025 totaling 1,200 shares for gross proceeds of $84,964.64.

What was the acquisition method for the shares being sold in the NEGG Form 144?

The 150 shares to be sold were acquired on 08/15/2025 via an option granted on 06/15/2020.

Through which broker will the NEGG shares be sold?

The proposed sale is to be executed through Fidelity Brokerage Services LLC at their Smithfield, RI address.

How many outstanding shares does the filing report for NEGG?

The filing reports 19,478,394 shares outstanding.