Newegg (NEGG) Form 144 Files Proposed 150-Share Sale on NASDAQ

Rhea-AI Filing Summary

Form 144 notice for Newegg Commerce, Inc. (NEGG) indicates a proposed sale of 150 shares of common stock through Fidelity Brokerage Services on 08/19/2025 on NASDAQ with an aggregate market value of $15,283.50. The shares are reported as acquired by option granted 06/15/2020 and the payment method is cash on 08/19/2025. The filing lists multiple sales by the same person, Yong Feng Hou, totaling eight transactions from 08/07/2025 to 08/18/2025, including 450 shares on 08/07/2025 and several 150-share sales thereafter. The form includes the standard signature representation that the seller is not aware of undisclosed material adverse information.

Insights

Financial Analyst

TL;DR: Routine insider sale of a small block of shares from option exercise; not clearly material to company valuation.

The filing reports a 150-share proposed sale valued at $15,283.50 and documents prior sales by the same holder across eight transactions in August 2025. Given the issuer's reported 19,478,394 shares outstanding, the disclosed sales represent a de minimis percentage of the float. The shares were acquired via an option grant dated 06/15/2020, indicating this is a disposition of previously granted compensation-related equity. From a financial-significance perspective, these sales appear routine and are unlikely to materially affect market capitalization or imply corporate-financial stress based solely on this filing.

Corporate Governance Expert

TL;DR: Compliance-focused disclosure of insider sales consistent with Rule 144; no governance red flags disclosed.

The form provides required Rule 144 details: acquisition date, nature of acquisition (option grant), broker, sale dates, and gross proceeds for recent transactions. The seller makes the standard attestation about lack of undisclosed material adverse information. There is no indication in this filing of reliance on a Rule 10b5-1 plan or of any unusual transfer mechanisms. From a governance standpoint, the document reflects standard insider reporting and transparency obligations being met.

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	15283.50	19478394	08/19/2025	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	08/19/2025	Option Granted - 06/15/2020	Issuer			150	08/19/2025	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

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 here report?

The form reports a proposed sale of 150 NEGG common shares via Fidelity on 08/19/2025 with aggregate market value $15,283.50.

How were the 150 shares being sold acquired?

The shares were acquired via an option grant dated 06/15/2020 and the payment method on sale is listed as cash.

Has the seller made other NEGG sales recently?

Yes; the filing lists eight sales by Yong Feng Hou from 08/07/2025 to 08/18/2025, including a 450-share sale on 08/07/2025 and multiple 150-share sales thereafter.

What exchange will the shares be sold on?

The proposed sale is reported to occur on NASDAQ through Fidelity Brokerage Services LLC.

Does the filing indicate any undisclosed material information?

The signer attests they do not know of any material adverse information about the issuer that has not been publicly disclosed; no undisclosed material facts are stated in the filing.