NEGG insider sales: 150-share Form 144 filing and August divestitures

Rhea-AI Filing Summary

Newegg Commerce, Inc. (NEGG) Form 144 discloses a proposed sale of 150 common shares through Fidelity Brokerage Services with an aggregate market value of $11,955, with an approximate sale date of 08/26/2025 on the NASDAQ. The filing shows the 150 shares were acquired by option grant (original grant date 06/15/2020) and will be paid for in cash at sale. The filer, identified in related sale records as Yong Feng Hou, completed multiple sales in August 2025 totaling 37,609 shares on 08/25/2025 with gross proceeds of $3,219,848.36, and numerous smaller sales earlier in the month. The filer certifies no undisclosed material adverse information.

Positive

• Rule 144 compliance: The filer provided required disclosure including broker, acquisition method, and sale dates
• Transaction provenance disclosed: Shares to be sold were acquired via an option granted on 06/15/2020 and will be paid in cash

Negative

• Concentrated insider selling: Prior sales in August 2025 total 37,609 shares with gross proceeds of $3,219,848.36, indicating substantial recent dispositions
• Frequent disposals: Multiple smaller sales throughout August 2025 may be viewed as increased insider liquidity activity

Insights

Securities Analyst

TL;DR: Insider has been liquidating a meaningful position in August 2025, with a further small proposed sale on 08/26/2025.

The filing is a routine Rule 144 notice showing an additional planned sale of 150 shares acquired via option exercise, and documents extensive prior dispositions by the same individual during August 2025 totaling 37,609 shares for roughly $3.22 million. For investors, the material point is the magnitude and frequency of insider selling within a concentrated time window, which may reflect personal liquidity needs or portfolio rebalancing. The notice itself complies with Rule 144 disclosure requirements and confirms the seller represents no undisclosed material adverse facts.

Corporate Governance Expert

TL;DR: The submission is compliant and transparent but highlights active insider dispositions across multiple days in August 2025.

This Form 144 properly documents the proposed sale mechanism (broker, exchange, cash payment) and provenance of the shares (option granted 06/15/2020). The sequence of prior sales by the same person, including a single-day sale of 37,609 shares, is governance-relevant because clustered insider sales can prompt investor attention. The filing includes the requisite signer representation about material information and follows Rule 144 reporting norms.

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	11955.00	19478394	08/26/2025	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	08/26/2025	Option Granted - 06/15/2020	Issuer			150	08/26/2025	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

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 (NEGG) Form 144 filed here disclose?

The Form 144 notifies a proposed sale of 150 common shares (aggregate market value $11,955) with an approximate sale date of 08/26/2025 on NASDAQ.

Who acquired the shares being sold and how were they obtained?

The 150 shares were acquired by an option grant with the option grant date of 06/15/2020 and will be sold for cash.

Has the filer sold other NEGG shares recently?

Yes. The filing lists multiple sales in August 2025 by Yong Feng Hou, including a large sale of 37,609 shares on 08/25/2025 for $3,219,848.36 and several smaller sales earlier in the month.

Which broker and exchange are involved in the planned sale?

The planned sale lists Fidelity Brokerage Services LLC (900 Salem Street, Smithfield RI) as the broker and NASDAQ as the exchange.

Does the filer assert any undisclosed material information?

The filer signs a representation that they do not know of any material adverse information regarding the issuer that has not been publicly disclosed.