Newegg officer plans sale of 67 common shares

Rhea-AI Filing Summary

Newegg Commerce, Inc. (NEGG) has a Rule 144 notice filed on behalf of officer Michael Chen for a planned sale of 67 shares of common stock through Fidelity Brokerage Services LLC on or about 09/01/2026 on NASDAQ. The filing lists an aggregate market value of $1,090.76 for these shares and states that 20,972,505 shares of common stock are outstanding. It also reports Chen’s prior sales of 67 shares each on 06/01/2026, 07/01/2026, and 08/03/2026. The shares to be sold relate to Restricted Stock Vesting from the issuer as compensation.

Key Figures

Planned shares to be sold: 67 shares of common stock Aggregate market value of planned sale: $1,090.76 Shares outstanding: 20,972,505 shares +3 more

6 metrics

Planned shares to be sold 67 shares of common stock Rule 144 planned sale on or about 09/01/2026

Aggregate market value of planned sale $1,090.76 67 shares of common stock in planned Rule 144 sale

Shares outstanding 20,972,505 shares Common stock outstanding referenced in Rule 144 notice

Sale on 06/01/2026 67 shares for $1,218.06 Securities sold during past 3 months

Sale on 07/01/2026 67 shares for $1,097.46 Securities sold during past 3 months

Sale on 08/03/2026 67 shares for $853.58 Securities sold during past 3 months

Key Terms

Rule 144, Restricted Stock Vesting, attorney-in-fact

3 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Restricted Stock Vesting financial

"Common | 08/31/2026 | Restricted Stock Vesting | Issuer"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

attorney-in-fact regulatory

"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Michael Chen"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What is the key action disclosed for NEGG in this Form 144 filing?

The notice reports a planned sale of 67 shares of Newegg Commerce, Inc. common stock by officer Michael Chen under Rule 144, to be sold through Fidelity Brokerage Services LLC on or about 09/01/2026 on NASDAQ.

How many NEGG shares does Michael Chen plan to sell under this Form 144?

Michael Chen plans to sell 67 shares of Newegg Commerce, Inc. common stock. The filing lists an aggregate market value of $1,090.76 for these 67 shares.

How many Newegg Commerce, Inc. shares are outstanding according to this filing?

The filing states that 20,972,505 shares of Newegg Commerce, Inc. common stock are outstanding in connection with this Rule 144 notice.

What prior NEGG share sales by Michael Chen are disclosed?

The filing discloses three prior sales by Michael Chen: 67 shares on 06/01/2026 for $1,218.06, 67 shares on 07/01/2026 for $1,097.46, and 67 shares on 08/03/2026 for $853.58.

What is the source of the NEGG shares being sold in this Form 144?

The shares to be sold are related to Restricted Stock Vesting from Newegg Commerce, Inc., identified in the filing as being received from the issuer as compensation on 08/31/2026.

Who is executing the planned NEGG share sale for Michael Chen?

The planned sale will be executed through Fidelity Brokerage Services LLC, which is listed as the broker for the 67 shares of Newegg Commerce, Inc. common stock to be sold on NASDAQ.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/01/2026 - 10:00 AM Accepted by SEC EDGAR 09/01/2026 - 09:59 AM Learn about SEC filing dates

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	0001966016
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Newegg Commerce, Inc.
SEC File Number	001-34661
Address of Issuer	21688 GATEWAY CENTER DR #300 DIAMOND BAR CALIFORNIA 91765
Phone	(8610)8860-9850
Name of Person for Whose Account the Securities are To Be Sold	Chen Michael
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	Officer

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	67	1090.76	20972505	09/01/2026	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	08/31/2026	Restricted Stock Vesting	Issuer			67	08/31/2026	Compensation

* 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
Michael Chen 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	06/01/2026	67	1218.06
Michael Chen 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	07/01/2026	67	1097.46
Michael Chen 21688 Gateway Center Drive Suite 300 Diamond Bar CA 91765	Common	08/03/2026	67	853.58

144: Remarks and Signature

Remarks
Date of Notice	09/01/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	08/25/2025
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	/s/Wade Moss, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Michael Chen
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)