Newegg Commerce (NEGG) interim CFO settles 131 RSUs, withholds 48 shares for taxes
Rhea-AI Filing Summary
Newegg Commerce, Inc. interim CFO Christina Ching reported the vesting and settlement of 131 Restricted Stock Units (RSUs) into common stock on August 7, 2026. The RSUs converted into 131 shares of common stock at a reported value of $17.88 per share, with 48 shares withheld to satisfy her tax withholding obligation. Following the derivative transaction, she is reported as directly holding 116 RSUs. The award originally covered 6,250 RSUs, of which 5,348 vested before she became a Section 16 officer, and 902 RSUs are scheduled to vest in equal monthly installments until fully vested on September 6, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 83 shares
Net Buy
3 txns
Insider
Ching Christina
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F3 | 131 | $0.00 | $0.00 |
| Exercise | Common Stock | 131 | $17.88 | $2K |
| Tax Withholding | Common Stock F1 | 48 | $17.88 | $858.24 |
Holdings After Transaction:
Restricted Stock Unit — 116 shares (Direct);
Common Stock — 3,900 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: 131 shares
Common stock value per share: $17.88 per share
Shares withheld for taxes: 48 shares
+4 more
7 metrics
RSUs converted
131 shares
Restricted Stock Units converted into common stock on August 7, 2026
Common stock value per share
$17.88 per share
Value reported for common stock received and shares withheld
Shares withheld for taxes
48 shares
Common shares withheld to satisfy tax withholding obligation
Original RSU award size
6,250 RSUs
Total restricted stock units awarded to the interim CFO
RSUs vested before Section 16 status
5,348 RSUs
Portion of award vested before becoming a Section 16 officer
RSUs scheduled to vest
902 RSUs
Remaining RSUs vesting monthly until fully vested on September 6, 2026
RSUs held after transaction
116 RSUs
Total derivative RSUs reported as directly held following the transaction
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."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Newegg (NEGG) interim CFO Christina Ching report in this Form 4?
Christina Ching reported the vesting and settlement of 131 RSUs into common stock on August 7, 2026. These converted into 131 common shares valued at $17.88 per share, with part of the shares withheld to cover tax obligations.
What is the size and vesting schedule of Christina Ching’s RSU award at Newegg (NEGG)?
The award represents 6,250 RSUs. According to the disclosure, 5,348 RSUs vested before she became a Section 16 officer, and the remaining 902 RSUs vest in equal monthly installments until September 6, 2026.
How many Restricted Stock Units does the Newegg (NEGG) interim CFO hold after this Form 4 event?
After the reported derivative transaction, the interim CFO is shown as directly holding 116 RSUs. This figure reflects the remaining derivative position reported in connection with the 131 RSUs that were converted into common stock on August 7, 2026.