[144] Newegg Commerce, Inc. SEC Filing

Rhea-AI Filing Summary

Newegg Commerce, Inc. (NEGG) Form 144: This notice reports a proposed sale of 17,675 shares of common stock on or about 08/22/2025 through Fidelity Brokerage Services, to be executed on NASDAQ. The filing states an aggregate market value of $1,799,369.78 and total shares outstanding of 19,478,394. The securities are shown as acquired via options granted on 06/15/2020 with an acquisition date listed as 08/22/2025, and the consideration at sale is indicated as cash. The filer reports no securities sold in the past three months and includes the standard representation that the seller does not possess undisclosed material adverse information about the issuer.

Positive

• Clear disclosure of trade details: broker, share count, aggregate value, and approximate sale date
• No securities sold in the past three months by the filer, as stated

Negative

• Insider liquidity event: proposed sale of 17,675 shares valued at $1,799,369.78 may be viewed negatively by some investors
• Missing filer identity and relationship in the provided content, limiting ability to assess material governance or insider context

Insights

Securities Analyst

TL;DR: Routine insider sale notice for ~17.7k shares (~$1.8M); provides clear execution details but no broader financial context.

The Form 144 supplies specific execution data: broker, share count, aggregate market value, and approximate sale date. The shares derive from options granted 06/15/2020 with an acquisition date shown as 08/22/2025 and proceeds to be received in cash. The filing confirms no related sales in the past three months, which limits short-term trading pattern signals. As a standalone document, it does not disclose the seller's identity, insider role, or any intent beyond the proposed sale, so its market impact is constrained to routine insider liquidity.

Corporate Governance Expert

TL;DR: Disclosure meets Rule 144 mechanics; it flags an insider liquidity event but lacks contextual governance details.

The notice fulfills Rule 144 disclosure by stating class, broker, share count, value, and sale timing. It also includes the seller's representation about absence of undisclosed material information and the signature warning about false statements. The filing omits the filer’s identity and relationship to the issuer in the provided text, so stakeholders cannot assess whether this sale reflects routine diversification, option exercise, or potential governance signaling. Governance analysis requires the missing identity and any trading plan details.

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	17675	1799369.78	19478394	08/22/2025	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	08/22/2025	Options Granted - 06/15/2020	Issuer			17675	08/22/2025	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

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

What does Newegg's (NEGG) Form 144 report?

The filing reports a proposed sale of 17,675 common shares on or about 08/22/2025 via Fidelity on NASDAQ with an aggregate market value of $1,799,369.78.

When is the approximate sale date listed in the NEGG Form 144?

The approximate date of sale is listed as 08/22/2025.

How were the securities acquired according to the filing?

The securities are reported as acquired via options granted on 06/15/2020, with the acquisition date recorded as 08/22/2025.

What is the aggregate market value of the shares to be sold?

The aggregate market value is stated as $1,799,369.78 for the 17,675 shares.

Did the filer sell any NEGG securities in the past three months?

The filing states Nothing to Report for securities sold during the past three months.