[144] Newegg Commerce, Inc. SEC Filing

Rhea-AI Filing Summary

Newegg Commerce insider filings show proposed sale of 150 common shares through Fidelity Brokerage Services with an aggregate market value of $15,148.50, to be sold on 08/25/2025 on NASDAQ. The filer reports acquiring these shares by an option grant originally dated 06/15/2020 with acquisition recorded on 08/25/2025, and intends to receive cash on sale. The filing lists 12 separate prior sales in August 2025 totaling 2,250 shares sold for gross proceeds shown per trade. The issuer’s total shares outstanding are reported as 19,478,394, indicating these transactions represent a small fraction of outstanding stock.

Positive

• Comprehensive disclosure of broker, dates, and amounts consistent with Rule 144 notice requirements
• Recent sales documented with gross proceeds listed, demonstrating transparency about insider transactions

Negative

• Insider selling activity totaling 2,250 shares in August 2025, which may be viewed negatively by some investors despite being small relative to outstanding shares

Insights

Securities Analyst

TL;DR: Insider exercised option-related shares and is selling small, routine blocks; transaction size is immaterial to share count.

The filing documents a planned sale of 150 shares from an option grant and multiple recent small sales totaling 2,250 shares. Against 19,478,394 shares outstanding, the disposition is a de minimis percentage, suggesting the activity is unlikely to affect market supply materially. The timing—concentrated in August 2025—may reflect personal liquidity or option exercise timing rather than company-specific developments. Disclosure appears complete for Rule 144 notice purposes: broker, dates, amounts, and consideration are provided.

Corporate Governance Expert

TL;DR: Filing meets Rule 144 reporting elements; repeated small sales are documented, no material governance red flags evident.

The notice includes required issuer and transaction details, identifies the securities as option-derived, and affirms the seller's representation regarding material nonpublic information. Multiple small sales and the listed broker meet standard transparency expectations. There is no indication of unusual arrangements, gifts, or non-cash consideration beyond the stated cash proceeds. From a governance perspective, the disclosure aligns with routine insider compliance.

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	15148.50	19478394	08/25/2025	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	08/25/2025	Option Granted - 06/15/2020	Issuer			150	08/25/2025	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

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 shares does the Newegg (NEGG) Form 144 propose to sell?

The notice proposes sale of 150 common shares to be sold on 08/25/2025 through Fidelity Brokerage Services on NASDAQ.

How were the shares being sold by the filer acquired?

The filing states the shares were acquired via an option grant dated 06/15/2020, with acquisition recorded as 08/25/2025.

How many shares has the filer sold recently?

The filing lists 12 prior sales in August 2025 and one proposed sale, totaling 2,250 shares sold during the reporting period.

What is the size of these sales relative to Newegg's outstanding shares?

The issuer reports 19,478,394 shares outstanding; the 2,250 shares sold represent a very small fraction of total outstanding stock.

What consideration will the filer receive for the proposed sale?

The filing indicates the filer will receive cash as the nature of payment for the proposed sale.