Newegg interim CFO vests 116 RSUs at $15.32
Rhea-AI Filing Summary
Newegg Commerce, Inc. (NEGG) reported that Interim CFO Christina Ching converted 116 restricted stock units into 116 shares of common stock on September 4, 2026, at a reported value of $15.32 per share, with 42 shares withheld to cover her tax withholding obligation.
Positive
- None.
Negative
- None.
Insider Trade Summary
116 shares exercised/converted
Exercise
3 txns
Insider
Ching Christina
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F3 | 116 | $0.00 | $0.00 |
| Exercise | Common Stock | 116 | $15.32 | $2K |
| Tax Withholding | Common Stock F1 | 42 | $15.32 | $643.44 |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 3,974 shares (Direct)
Footnotes (3)
- F1. Shares withheld to satisfy tax withholding obligation of the reporting person.
- F2. 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.
- F3. N/A
Key Figures
RSUs converted: 116 units
Reported value per share: $15.32 per share
Shares withheld for taxes: 42 shares
+4 more
7 metrics
RSUs converted
116 units
Restricted stock units converted into common stock on September 4, 2026
Reported value per share
$15.32 per share
Value used for the common stock received and shares withheld
Shares withheld for taxes
42 shares
Common shares withheld to satisfy the reporting person’s tax withholding obligation
Total RSU award
6,250 units
Size of the restricted stock unit award referenced in the footnote
RSUs vested before Section 16 status
5,348 units
Portion of the RSU award that vested before Christina Ching became a Section 16 officer
Remaining RSUs to vest
902 units
RSUs scheduled to vest in equal monthly installments until September 6, 2026
Final vesting date
September 6, 2026
Date when the remaining RSUs are expected to be fully vested
Key Terms
Restricted Stock Unit, Section 16 officer, tax withholding obligation
3 terms
Restricted Stock Unit financial
"Represents an award of 6,250 restricted stock units ('RSUs')."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Section 16 officer regulatory
"5,348 RSUs vested prior to the Reporting Person becoming a Section 16 officer."
A Section 16 officer is a corporate executive who, under U.S. securities law, must publicly report their purchases and sales of the company’s stock and is subject to rules that can force them to return short-term trading profits. Think of them as an insider required to keep a public trading log so investors can see when executives are buying or selling; that transparency helps investors assess management’s confidence and reduces the risk of undisclosed insider trading.
tax withholding obligation financial
"Shares withheld to satisfy tax withholding obligation of the reporting person."
FAQ
What insider transaction did NEGG’s interim CFO report on September 4, 2026?
Interim CFO Christina Ching reported the conversion of 116 restricted stock units into 116 shares of Newegg common stock on September 4, 2026, at a reported value of $15.32 per share, as part of her equity compensation.
What RSU award details for NEGG’s interim CFO are disclosed in this Form 4?
The Form 4 notes an award of 6,250 restricted stock units to Christina Ching. It states that 5,348 RSUs vested before she became a Section 16 officer and that the remaining 902 RSUs vest in equal monthly installments until fully vested on September 6, 2026.
Was a Rule 10b5-1 trading plan involved in the NEGG insider transaction?
The Form 4 indicates that no Rule 10b5-1 trading plan is reported for these transactions by Newegg interim CFO Christina Ching. The document-level box for such a plan is shown as unchecked.
How many RSUs for NEGG remain scheduled to vest for the interim CFO?
According to the disclosure, 902 restricted stock units remain from the original award to Christina Ching and are scheduled to vest in equal monthly installments until they are fully vested on September 6, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.