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Newegg Commerce: Tekhill sells two 3,582-share lots

The reported sales covered multiple transactions within disclosed price ranges; separate ownership entries list direct shares and shares held through Nabal Spring, LLC.

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Form Type
4

Rhea-AI Filing Summary

Newegg Commerce, Inc. (NEGG) reported two sales of common shares by Tekhill USA LLC, an entity managed by reporting person Fred Faching Chang, a director and 10% owner: 3,582 shares at a weighted average of $10.25 and 3,582 shares at a weighted average of $9.849. Chang is the sole member and manager of Tekhill USA LLC and Nabal Spring, LLC. Separate ownership entries report 450,000 shares held indirectly by Nabal Spring and 407,927 held directly. No Rule 10b5-1 plan is reported.

Insider CHANG FRED FACHING
Role Director, 10% Owner
Sold 7,164 shs ($72K)
Type Security Shares Price Value
Sale Common Shares F1, F3 3,582 $10.25 $37K
Sale Common Shares F2, F3 3,582 $9.849 $35K
holding Common Shares F3 -- -- --
holding Common Shares -- -- --
Holdings After Transaction: Common Shares — 2,854,417 shares (Indirect, By Tekhill USA LLC); Common Shares — 450,000 shares (Indirect, By Nabal Spring, LLC); Common Shares — 407,927 shares (Direct)
Footnotes (3)
  1. F1. This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.78 to $9.85. 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.
  2. F2. This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.16 to $9.70. 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.
  3. F3. The Reporting Person is the sole member and manager of Tekhill USA LLC and Nabal Spring, LLC.
Common shares sold by Tekhill USA LLC 3,582 shares Weighted average price of $10.25 per share
Weighted average sale price $10.25 per share 3,582 common shares sold by Tekhill USA LLC
Common shares sold by Tekhill USA LLC 3,582 shares Weighted average price of $9.849 per share
Weighted average sale price $9.849 per share 3,582 common shares sold by Tekhill USA LLC
Common shares held indirectly by Nabal Spring, LLC 450,000 shares Ownership entry
Common shares held directly 407,927 shares Ownership entry
weighted average price financial
"This price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership technical
"Common Shares held indirectly by Nabal Spring, LLC"
10% owner regulatory
"Reporting person is a 10% owner"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NEGG shares were sold, and at what prices?

Tekhill USA LLC sold 3,582 common shares at a weighted average of $10.25 and another 3,582 at a weighted average of $9.849. The sales occurred in multiple transactions within ranges of $10.78 to $9.85 and $10.16 to $9.70, respectively. No Rule 10b5-1 plan is reported.

Who sold NEGG shares, and what ownership positions are reported?

Tekhill USA LLC made the reported sales; Fred Faching Chang is its sole member and manager. Separate ownership entries list 450,000 shares held indirectly by Nabal Spring, LLC and 407,927 shares held directly. Chang is also the sole member and manager of Nabal Spring, LLC.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
CHANG FRED FACHING

(Last)(First)(Middle)
21688 GATEWAY CENTER DR.
SUITE 300

(Street)
DIAMOND BAR CALIFORNIA 91765

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Newegg Commerce, Inc. [ NEGG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Shares10/22/2026S3,582D$10.25(1)2,857,999IBy Tekhill USA LLC(3)
Common Shares10/23/2026S3,582D$9.849(2)2,854,417IBy Tekhill USA LLC(3)
Common Shares450,000IBy Nabal Spring, LLC(3)
Common Shares407,927D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.78 to $9.85. 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.
2. This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.16 to $9.70. 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.
3. The Reporting Person is the sole member and manager of Tekhill USA LLC and Nabal Spring, LLC.
/s/ Alison M. Pear, Attorney-In-Fact10/27/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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