Newegg (NASDAQ: NEGG) interim CFO Christina Ching discloses stock and RSU holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Newegg Commerce, Inc. interim CFO Christina Ching filed an initial ownership report showing both common stock and restricted stock units. She beneficially owns 3,402 shares of Common Stock directly. She also holds a restricted stock unit (RSU) award originally covering 6,250 units.
According to the disclosure, 5,348 RSUs vested before she became a Section 16 officer. The remaining 902 RSUs, each convertible into one share of common stock at an exercise price of $0.00, will vest in equal monthly installments until fully vested on September 6, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ching Christina
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 902 shares (Direct);
Common Stock — 3,402 shares (Direct)
Footnotes (1)
- Represents an award of 6,250 restricted stock units ('RSUs'). 5,348 RSUs vested prior to the Reporting Person becoming a Section 16 officer. The remaining 902 RSUs vest in equal monthly installments until fully vested on September 6, 2026. N/A
FAQ
What does the Newegg (NEGG) Form 3 filing by interim CFO Christina Ching show?
The Form 3 shows Christina Ching’s initial ownership in Newegg. She directly holds 3,402 common shares and an RSU award originally for 6,250 units, with 902 RSUs remaining unvested and scheduled to vest monthly through September 6, 2026.
What are the key details of Christina Ching’s RSU award reported for Newegg (NEGG)?
Christina Ching’s RSU award originally covered 6,250 units tied to Newegg common stock. Of these, 5,348 vested before she became a Section 16 officer, while 902 RSUs remain and will vest in equal monthly installments until fully vested on September 6, 2026.
When will Christina Ching’s remaining Newegg (NEGG) RSUs fully vest?
The remaining 902 Newegg RSUs held by Christina Ching will fully vest on September 6, 2026. They vest in equal monthly installments through that date, each RSU convertible into one common share at an exercise price of $0.00 per share.
Does the Newegg (NEGG) Form 3 indicate any recent stock purchases or sales by Christina Ching?
The Form 3 does not report any explicit stock purchases or sales. It primarily records Christina Ching’s existing holdings of 3,402 common shares and her RSU position, including the 902 unvested RSUs that will vest monthly through September 6, 2026.