[Form 4] Newegg Commerce, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Newegg Commerce insiders Vladimir and Angelica Galkin jointly reported purchases of Common Stock on 08/15/2025. The filing shows a total of 11,111 shares purchased at prices in a range from $102.22 to $107.77, reported as an aggregate price of $104.72. After the transactions, the Reporting Persons beneficially own 3,511,111 shares. Both reporting persons are identified as directors and 10% owners.

Positive

• Insider purchases of 11,111 shares on 08/15/2025, indicating insider buying activity
• Reporting persons are directors and >10% owners, and beneficial ownership after the trades is 3,511,111 shares

Negative

• None.

Insights

Financial Analyst

TL;DR: Insiders bought 11,111 NEGG shares at ~$104.72, modestly increasing their stake.

The Form 4 documents an insider purchase executed in multiple trades on 08/15/2025 at prices between $102.22 and $107.77, consolidated to an indicated price of $104.72. The purchases were filed jointly by Vladimir and Angelica Galkin, each identified as directors and >10% owners, and result in combined beneficial ownership of 3,511,111 shares. Insider purchases by significant holders can signal confidence, but the filing does not disclose the transaction size relative to outstanding shares or intent behind the purchases.

Corporate Governance Expert

TL;DR: Joint filing by spouses who are directors and >10% owners discloses multiple-trade purchases.

The Form 4 complies with Section 16 reporting by showing the transaction date, codes, and price range. The explanation notes multiple trades and offers to provide trade-level price breakdowns upon request, which supports transparency. As both reporters are directors and significant owners, the disclosure is materially relevant to governance and insider alignment, but the filing contains no additional context such as a trading plan or purpose for the purchases.

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

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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^*

Galkin Vladimir

(Last) (First) (Middle)

10900 N.W. 97TH. STREET, SUITE #102

(Street)

MIAMI FL 33178

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.43696	08/15/2025		P		11,111	A	$104.72(1)(2)	3,511,111	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Galkin Vladimir

(Last) (First) (Middle)

10900 N.W. 97TH. STREET, SUITE #102

(Street)

MIAMI FL 33178

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Galkin Angelica

(Last) (First) (Middle)

10900 N.W. 97TH. STREET, SUITE #102

(Street)

MIAMI FL 33178

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

Explanation of Responses:

1. This Form 4 is being filed jointly by each of Vladimir Galkin and Angelica Galkin, husband and wife (the "Reporting Persons"). The price reported reflects the actual purchase orsale price (whichever the case may be) for each transaction, unless the applicable footnote specifies the use of a volume weighted average price is used for a range of multiple tradeprices. In such instances, the Reporting Persons undertake to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of theIssuer, full information regarding the number of shares purchased or sold at each separate price within the ranges set forth in footnotes.

2. The purchases were executed in multiple trades at prices ranging from $102.22 to $107.77.

	Vladimir Galkin, Attorney in Fact	08/18/2025
	Galkin Angelica	08/18/2025
	** 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.

FAQ

What insider activity did NEGG report on 08/15/2025?

The Form 4 shows that Vladimir and Angelica Galkin jointly purchased 11,111 shares of Newegg Commerce common stock on 08/15/2025.

At what prices were the NEGG shares purchased by the Galkins?

The purchases were executed in multiple trades at prices ranging from $102.22 to $107.77, with an indicated price of $104.72.

How many NEGG shares do the reporting persons own after the transaction?

Following the reported transactions, the Reporting Persons beneficially own 3,511,111 shares.

What relationship do the reporting persons have to NEGG?

Both Vladimir and Angelica Galkin are identified as directors and as 10% owners of Newegg Commerce.

Was this Form 4 filed jointly or individually?

The Form 4 was filed jointly by more than one reporting person; the explanation states the filing is by husband and wife reporting persons.