Newegg Commerce: Tekhill makes two 3,582-share sales
The director and ten percent owner is listed as sole member and manager of the selling LLC and a second LLC that holds shares.
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Rhea-AI Filing Summary
Newegg Commerce, Inc. (NEGG) reported two sales of 3,582 common shares each by Tekhill USA LLC, at weighted average prices of $11.647 and $11.631 per share. Fred Faching Chang, a director and ten percent owner, is identified as the LLC’s sole member and manager. No Rule 10b5-1 plan is reported. The report also lists 450,000 shares held through Nabal Spring, LLC and 407,927 shares held directly by Chang.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares F1, F3 | 3,582 | $11.647 | $42K |
| Sale | Common Shares F2, F3 | 3,582 | $11.631 | $42K |
| 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 $11.94 to $11.40. 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 $11.775 to $11.46. 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
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