Newegg (NEGG) Rule 144 Notice: Multiple August 2025 Insider Sales Detailed

Rhea-AI Filing Summary

Newegg Commerce, Inc. (NEGG) Form 144 shows a notice of proposed sale and recent insider transactions by Yong Feng Hou. The filing lists a proposed sale of 150 common shares through Fidelity Brokerage Services with an aggregate market value of $7,126.50 and an approximate sale date of 08/29/2025 on NASDAQ. The report also discloses multiple recent sales by the same person during August 2025, including a large transaction of 37,609 shares on 08/25/2025 generating $3,219,848.36 in gross proceeds. The filing states the 150 shares to be sold were acquired via an option granted on 06/15/2020 and will be paid in cash on 08/29/2025. The signer certifies no undisclosed material adverse information.

Positive

• Compliance with Rule 144: filing provides required broker, acquisition, and sale details for transparency
• Large prior sale disclosed (37,609 shares for $3,219,848.36), giving investors clear visibility into recent insider transactions

Negative

• Concentrated insider selling across August 2025 could be interpreted as notable insider disposition
• No commentary in the filing explaining purpose or context for the clustered sales (e.g., 10b5-1 plan date not provided)

Insights

Securities Analyst

TL;DR: Insider sold significant shares in late August 2025; a small planned sale follows a large monetization event.

The filing documents a planned sale of 150 shares via Fidelity on 08/29/2025 and a series of prior sales by Yong Feng Hou throughout August 2025. The most material prior sale was 37,609 shares on 08/25/2025 for $3,219,848.36, indicating substantial liquidity events by this insider during the month. The shares subject to the planned sale were acquired under an option (grant date 06/15/2020) and will be paid for in cash. For investors, clustered insider selling can reflect portfolio diversification or liquidity needs; the filing itself provides no explanation for the timing or intent beyond the Rule 144 notice and the signature attestation.

Corporate Governance Expert

TL;DR: Multiple sales reported under Rule 144 highlight insider disposition but the filing contains no statements of material nonpublic information.

The document complies with Rule 144 disclosure requirements, listing broker details, acquisition method, and sale schedule. The signer affirms absence of undisclosed material adverse information and notes the acquisition source as the issuer (option grant). The concentration of sales in a short period is notable from a governance perspective; however, the filing contains no indications of policy breaches or Rule 10b5-1 plan adoption dates. Material motive or timing context is not provided in the filing.

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	7126.50	19478394	08/29/2025	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	08/29/2025	Option Granted - 06/15/2020	Issuer			150	08/29/2025	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
Yong Feng Hou 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	08/21/2025	150	17604.00
Yong Feng Hou 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	08/22/2025	150	19962.00
Yong Feng Hou 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	08/25/2025	37609	3219848.36
Yong Feng Hou 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	08/26/2025	150	11955.00
Yong Feng Hou 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	08/27/2025	150	9630.00
Yong Feng Hou 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	08/28/2025	150	9000.00

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 filed for 08/29/2025 disclose?

The filing discloses a proposed sale of 150 common shares via Fidelity on 08/29/2025 with aggregate market value $7,126.50, and prior August 2025 sales by the same insider.

Who sold shares according to this filing for NEGG?

The transactions and proposed sale are reported for Yong Feng Hou, with multiple sales recorded in August 2025.

How large was the largest insider sale reported in this filing?

The largest reported sale was 37,609 shares on 08/25/2025 for gross proceeds of $3,219,848.36.

Were the shares to be sold acquired recently or via prior option grants?

The 150 shares subject to the proposed sale were acquired via an option granted on 06/15/2020 and payment is to be in cash on 08/29/2025.

Does the filing state the insider knows of any undisclosed material information?

By signing, the person represents they do not know any material adverse information about the issuer that has not been publicly disclosed.