Yong Feng Hou reports option exercise and brokered sale of NEGG shares

Rhea-AI Filing Summary

Newegg Commerce, Inc. (NEGG) Form 144 discloses an insider notice to sell 150 common shares through Fidelity Brokerage with an aggregate market value of $11,010. The filing reports 19,478,394 shares outstanding, making this notice a very small fraction of the company’s equity.

The filer indicates the 150 shares were acquired on 08/12/2025 by exercise of an option originally granted on 06/15/2020 and paid for in cash. The form also lists prior sales by the same individual of 750 shares between 08/07/2025 and 08/11/2025 for combined gross proceeds of $46,006.64. Broker, transaction and acquisition details are disclosed in accordance with Rule 144.

Positive

• Filing discloses planned sale of 150 common shares through Fidelity with an aggregate market value of $11,010.
• Shows acquisition by option exercise (granted 06/15/2020, acquired 08/12/2025) and payment in cash, and reports prior sales totaling 750 shares for $46,006.64.

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider exercised options and plans a small sale; transactions are immaterial to total share count.

The filing shows a proposed sale of 150 shares with an aggregate market value of $11,010. Recent reported sales by the same person total 750 shares, with combined gross proceeds of $46,006.64. Against the reported 19,478,394 shares outstanding, even the combined recent activity (~900 shares) represents roughly 0.0046% of outstanding shares, so these transactions are unlikely to affect market valuation or ownership control. The disclosure of option exercise details and broker routing supports straightforward liquidity activity rather than a material corporate event.

Corporate Governance Expert

TL;DR: Filing appears procedurally complete and transparent; no plan adoption date is provided for a 10b5-1 plan.

The Form 144 identifies the broker (Fidelity Brokerage Services LLC), the acquisition method (option exercise) and payment in cash, which are useful for compliance review. The filing includes the standard attestation that the filer is not aware of undisclosed material adverse information. The section for a Rule 10b5-1 plan adoption or instruction date is present but contains no date, so there is no explicit evidence in this filing that a 10b5-1 plan was used.

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	11010.00	19478394	08/12/2025	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	08/12/2025	Option Granted - 06/15/2020	Issuer			150	08/12/2025	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

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 report about the planned sale?

The filing reports a proposed sale of 150 common shares via Fidelity Brokerage with an aggregate market value of $11,010.

Who conducted recent insider sales reported in the filing?

The recent sales were reported by Yong Feng Hou, who sold 450, 150, and 150 shares on 08/07/2025, 08/08/2025, and 08/11/2025 respectively.

How and when were the 150 shares to be sold acquired?

The 150 shares were acquired on 08/12/2025 by exercise of an option originally granted on 06/15/2020, with payment made in cash on 08/12/2025.

What were the gross proceeds from the prior insider sales?

Prior sales listed in the form generated gross proceeds of $25,431.14, $9,000.00, and $11,575.50, totaling $46,006.64.

Does the filing indicate use of a Rule 10b5-1 trading plan?

The filing includes the field for a plan adoption date but provides no specific plan adoption or instruction date, so no 10b5-1 plan is documented in this notice.

How large are these transactions relative to NEGG's outstanding shares?

The company reports 19,478,394 shares outstanding. The 150-share notice equals about 0.00077% of outstanding shares; combined recent activity of 900 shares equals about 0.0046%.