[144] Newegg Commerce, Inc. SEC Filing

Rhea-AI Filing Summary

Newegg Commerce, Inc. (NEGG) filing a Form 144 discloses a proposed sale of 150 common shares through Fidelity Brokerage Services on 08/28/2025 with an aggregate market value of $9,000. The filer reports the shares were acquired on 08/28/2025 pursuant to an option originally granted on 06/15/2020 and will be paid for in cash. The filing lists recent sales by the same person, Yong Feng Hou, totaling multiple transactions in August 2025, including a single large sale of 37,609 shares on 08/25/2025 for $3,219,848.36. The notice affirms the seller does not possess undisclosed material adverse information about the issuer.

Positive

• Compliance disclosure: The filer submitted a Form 144 and provided required details for proposed and recent sales, indicating procedural transparency.
• Source of shares disclosed: The 150 shares to be sold were acquired via an option (granted 06/15/2020), with payment in cash, clarifying the transaction origin.

Negative

• Substantial insider selling: A large sale of 37,609 shares on 08/25/2025 for $3,219,848.36 represents material disposition by the reporting person.
• Concentrated August activity: Multiple sales by the same individual throughout August 2025 could be viewed as significant selling pressure from an insider.

Insights

Securities Analyst

TL;DR: Insider sales are ongoing in late August 2025, including a large block and a scheduled 150-share sale from option exercise proceeds.

The filing documents a routine Rule 144 notice for the proposed sale of 150 shares by an individual who has executed several sales earlier in August 2025. The source of the 150 shares is an option granted 06/15/2020 and reported as acquired on 08/28/2025 with cash payment, consistent with typical officer/director option exercises and subsequent disposition. The presence of a sizeable sale of 37,609 shares on 08/25/2025 (gross proceeds $3,219,848.36) is notable for scale but the filing does not state any reason for the disposition. No forward-looking guidance, financial results, or undisclosed material information are provided in this notice.

Corporate Governance Expert

TL;DR: This Form 144 reflects compliance with disclosure requirements for insider sales; multiple disposals occurred over several days.

The document evidences compliance with Rule 144 for sales aggregated by the reporting person. It lists sequential disposals across August 2025 and a planned sale tied to an option acquisition dated the same day as the proposed sale. The signature representation regarding absence of undisclosed material adverse information is standard. The filing does not disclose any changes in control, policy, or other governance actions; it is a transactional disclosure without additional corporate governance 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	150	9000.00	19478394	08/28/2025	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	08/28/2025	Option Granted - 06/15/2020	Issuer			150	08/28/2025	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

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 Newegg's (NEGG) Form 144 filed here report?

The Form 144 reports a proposed sale of 150 common shares08/28/2025 valued at $9,000 and lists multiple prior sales by the same person in August 2025.

Who is the seller of the shares in this NEGG Form 144?

The filing shows recent sales and the proposed sale are for the account of Yong Feng Hou, with an address listed in Diamond Bar, CA.

What was the largest recent sale disclosed in the filing?

On 08/25/2025 the filer sold 37,609 shares producing gross proceeds of $3,219,848.36.

How were the 150 shares to be sold on 08/28/2025 acquired?

They were acquired on 08/28/2025 via an option granted on 06/15/2020, and the payment method is listed as cash.

Does the Form 144 indicate any undisclosed material information about NEGG?

The signer represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.