Newegg Commerce legal chief Michael Chen sells 57 shares

Q: How many NEGG shares did Chief Legal Officer Michael Chen sell, and at what price?

Michael Chen sold 57 common shares on November 2, 2026, at $10.09 per share. The sale was effected pursuant to a Rule 10b5-1 trading plan.

The common-share sale was made pursuant to a Rule 10b5-1 trading plan, while the October 30 transactions included RSU conversion and tax withholding.

Available on EDGAR 11/03/2026 - 06:04 PM EST Accepted by SEC EDGAR 11/03/2026 - 06:03 PM EST

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Rhea-AI Filing Summary

Newegg Commerce, Inc. (NEGG) Chief Legal Officer Michael Chen reported converting 89 restricted stock units into 89 common shares on October 30, 2026; the common-share acquisition was reported at $9.84 per share. 32 shares were withheld to satisfy his tax withholding obligation. He sold 57 common shares on November 2, 2026, at $10.09 per share, pursuant to a Rule 10b5-1 trading plan. The related award covered 5,000 RSUs, of which 4,176 vested before he became a Section 16 officer; the remaining RSUs vest in equal monthly installments until fully vested on October 31, 2026.

Insider Trade Summary 10b5-1

Exercise and sale activity reported; no spread calculated

Exercise and Sale 4 txns

Insider Chen Michael

Role Chief Legal Officer

Sold 57 shs ($575.13)

Approx. gross sale proceeds $575.13

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Sale	Common Stock ^F2	57	$10.09	$575.13
Exercise	Restricted Stock Unit ^{F3, F4}	89	$0.00	$0.00
Exercise	Common Stock	89	$9.84	$875.76
Tax Withholding	Common Stock ^F1	32	$9.84	$314.88

Holdings After Transaction: Restricted Stock Unit — 0 contracts (Direct); Common Stock — 2,388 shares (Direct)

Footnotes (4)

F1. Shares withheld to satisfy tax withholding obligation of the reporting person.
F2. Sale effected pursuant to a Rule 10b5-1 trading plan.
F3. Represents an award of 5,000 restricted stock units ('RSUs'). 4,176 RSUs vested prior to the Reporting Person becoming a Section 16 officer. The remaining RSUs vest in equal monthly installments until fully vested on October 31, 2026.
F4. N/A

Key Figures

Common shares sold: 57 shares Sale price: $10.09 per share Restricted stock units converted: 89 RSUs +5 more

8 metrics

Common shares sold 57 shares November 2, 2026

Sale price $10.09 per share November 2, 2026 sale

Restricted stock units converted 89 RSUs October 30, 2026

Common shares acquired 89 shares October 30, 2026

Common-share acquisition price $9.84 per share October 30, 2026

Shares withheld for tax withholding 32 shares October 30, 2026

RSU award 5,000 RSUs Award described in the transaction footnote

RSUs vested before Section 16 officer status 4,176 RSUs Award described in the transaction footnote

Key Terms

Rule 10b5-1 trading plan, restricted stock units, tax withholding obligation

3 terms

Rule 10b5-1 trading plan regulatory

"Sale effected pursuant to a Rule 10b5-1 trading plan."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

restricted stock units financial

"Represents an award of 5,000 restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligation financial

"Shares withheld to satisfy tax withholding obligation"

FAQ

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How many NEGG shares did Chief Legal Officer Michael Chen sell, and at what price?

Michael Chen sold 57 common shares on November 2, 2026, at $10.09 per share. The sale was effected pursuant to a Rule 10b5-1 trading plan.

What happened to Michael Chen's NEGG RSUs on October 30, 2026?

The transaction reported 89 restricted stock units converted into 89 common shares, with the common-share acquisition reported at $9.84 per share. Another 32 shares were withheld to satisfy his tax withholding obligation. The related award covered 5,000 RSUs; 4,176 vested before he became a Section 16 officer, and the remaining RSUs vest in equal monthly installments until fully vested on October 31, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Chen Michael

(Last)

(First)

(Middle)

21688 GATEWAY CENTER DRIVE, SUITE 300

(Street)

DIAMOND BAR

CALIFORNIA

91765

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Newegg Commerce, Inc. [ NEGG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/30/2026		M		89	A	$9.84	2,477	D
Common Stock	10/30/2026		F⁽¹⁾		32	D	$9.84	2,445	D
Common Stock	11/02/2026		S⁽²⁾		57	D	$10.09	2,388	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	$0	10/30/2026		M			89	⁽³⁾	⁽⁴⁾	Common Stock	89	$0	0	D

Explanation of Responses:

1. Shares withheld to satisfy tax withholding obligation of the reporting person.

2. Sale effected pursuant to a Rule 10b5-1 trading plan.

3. Represents an award of 5,000 restricted stock units ('RSUs'). 4,176 RSUs vested prior to the Reporting Person becoming a Section 16 officer. The remaining RSUs vest in equal monthly installments until fully vested on October 31, 2026.

4. N/A

	/s/ Michael Chen	11/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR