[144] Newegg Commerce, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice from Newegg Commerce, Inc. (NEGG) shows a proposed sale of 150 common shares through Fidelity Brokerage Services on NASDAQ, scheduled for 08/21/2025. The shares were acquired via an option exercise dated 06/15/2020 and the filer indicates payment in cash. The filing also discloses multiple recent open-market sales by the same person totaling 1,800 shares between 08/07/2025 and 08/20/2025, with gross proceeds reported for each trade. The company reports 19,478,394 shares outstanding; the proposed 150-share sale is a small fraction of outstanding stock. The filer certifies no undisclosed material adverse information.

Positive

• Compliance with Rule 144: the filer provided required details including broker, dates, acquisition method, and certification of no undisclosed material information
• Small relative size: the proposed 150-share sale is immaterial versus 19,478,394 shares outstanding, suggesting limited market impact

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider executed option-derived sales totaling 1,800 shares recently; new 150-share Form 144 appears routine and immaterial to valuation.

The filer reports an option exercise origin for the shares to be sold and scheduled use of a broker on NASDAQ. Recent disclosed sales sum to 1,800 shares over mid-August 2025, and the new proposed sale is 150 shares. Compared with 19,478,394 shares outstanding, these transactions represent de minimis dilution and are consistent with routine insider monetization rather than a material corporate event. Filing under Rule 144 and the signers representation of no undisclosed material adverse information supports compliance with securities law.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 requirements; frequency of small sales suggests personal liquidity rather than governance concern.

The notice identifies the relationship to the issuer via option grants and documents the broker and sale dates. The signer affirms absence of nonpublic material information, and the filing lists specific proceeds for prior trades. Given the small size relative to total shares outstanding and the clear provenance of the shares (option grant), this appears as routine insider liquidation under an available exemption rather than an indicator of governance issues. Continued transparency on future similar filings would maintain good governance practice.

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	17604.00	19478394	08/21/2025	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	08/21/2025	Option Granted - 06/15/2020	Issuer			150	08/21/2025	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
Yong Feng Hou 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	08/15/2025	150	17532.00
Yong Feng Hou 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	08/18/2025	150	16498.50
Yong Feng Hou 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	08/19/2025	150	15283.50
Yong Feng Hou 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	08/20/2025	150	13200.00

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 Form 144 filed on 08/21/2025 report?

The filing reports a proposed sale of 150 common shares on 08/21/2025 through Fidelity Brokerage Services on NASDAQ, acquired via an option granted 06/15/2020.

How many shares has the filer sold recently according to the filing?

The filing discloses prior open-market sales totaling 1,800 shares between 08/07/2025 and 08/20/2025 with gross proceeds listed for each trade.

What is the filers stated source of the shares to be sold?

The shares were acquired from the issuer via an option grant (option granted 06/15/2020) and payment for the proposed sale is listed as cash.

Does the filing indicate any undisclosed material information about Newegg (NEGG)?

The filer certifies by signing the notice that they do not possess any material adverse information not publicly disclosed.

How significant is the proposed sale relative to NEGG outstanding shares?

The proposed 150-share sale is nominal relative to 19,478,394 shares outstanding and is therefore immaterial in size.