Newegg (NEGG) insider files Form 144 to sell 37,459 shares worth $3.78M

Rhea-AI Filing Summary

Newegg Commerce, Inc. (NEGG) Form 144 notice: An officer/affiliate plans to sell equity previously received by option exercise. The filing shows 37,459 shares of Common stock to be sold through Fidelity Brokerage Services with an aggregate market value of $3,782,984.41 based on a total outstanding share count of 19,478,394. The securities are reported as acquired under an option granted 06/15/2020 and to be sold on 08/25/2025 for cash. The filer also reported multiple small open-market sales of Common shares by Yong Feng Hou during August 2025.

Insights

Securities Analyst

TL;DR: This is a routine Rule 144 notice for the proposed sale of vested option shares by an affiliate; it appears procedural rather than company-changing.

The filing discloses a proposed sale of 37,459 common shares via Fidelity with an aggregate reported market value of $3.78 million. Acquisition is recorded as an option grant from 06/15/2020 with sale planned for 08/25/2025 and payment in cash. The filing also lists multiple small open-market dispositions by Yong Feng Hou in August 2025. There are no operational, financial or disclosure items about Newegg itself in this notice.

Corporate Governance Expert

TL;DR: Insider sale notice reflects personal liquidity event under Rule 144; no governance or regulatory red flags disclosed.

The notice affirms the seller represents no undisclosed material adverse information. The shares stem from an option granted in 2020 and will be sold for cash through a broker. The record of several modest prior sales in August 2025 suggests staged disposition rather than a single block sale. The form contains standard attestations and signature requirements; it does not report departures, related-party transactions beyond the sale, or other governance actions.

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	37459	3782984.41	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			37459	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

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 (NEGG) Form 144 disclose?

The filing discloses a proposed sale of 37,459 common shares to be executed through Fidelity Brokerage Services with an aggregate market value of $3,782,984.41 and planned sale date of 08/25/2025.

Who is the seller reported in the NEGG Form 144?

The seller associated with the recent open-market sales is named as Yong Feng Hou; the Form 144 identifies the account for which the proposed sale of 37,459 shares is reported.

How were the shares to be sold acquired according to the filing?

The shares were reported as acquired via an option grant dated 06/15/2020, with acquisition recorded on 08/25/2025, and the planned sale proceeds to be received in cash.

Did the filer report prior sales of NEGG stock?

Yes. The filing lists multiple small open-market sales by Yong Feng Hou in August 2025, including transactions between 08/07/2025 and 08/22/2025.

Does the Form 144 disclose any material undisclosed company information?

No. The signer represents that they do not know any material adverse information regarding the issuer that has not been publicly disclosed.