Newegg director's firm sells 7,164 shares
The reported position entries include 450,000 shares through Nabal Spring, LLC and 407,927 shares held directly.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Newegg Commerce, Inc. (NEGG) director and 10% owner Fred Faching Chang reported two indirect sales by Tekhill USA LLC, of which he is the sole member and manager: 3,582 shares at a weighted average price of $14.0650 per share and 3,582 shares at a weighted average price of $13.6560 per share. The reported holdings also include 450,000 shares indirectly through Nabal Spring, LLC and 407,927 shares held directly. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares F1, F3 | 3,582 | $14.065 | $50K |
| Sale | Common Shares F2, F3 | 3,582 | $13.656 | $49K |
| holding | Common Shares F3 | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Footnotes (3)
- F1. This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.36 to $13.92. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.13 to $13.34. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The Reporting Person is the sole member and manager of Tekhill USA LLC and Nabal Spring, LLC.
Key Figures
Key Terms
weighted average price financial
sole member and manager regulatory
10% owner regulatory
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