Newegg Commerce: Tekhill sells two 3,582-share lots
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.
Form Type
4
Rhea-AI Filing Summary
Newegg Commerce, Inc. (NEGG) reported that Tekhill USA LLC sold 3,582 common shares in each of two transactions, at weighted-average prices of $8.9156 and $8.4838. Fred Faching Chang, a director and 10% owner, is the LLC’s sole member and manager. Both sales were made under a written Rule 10b5-1 plan adopted May 21, 2026. The report also lists 407,927 shares held directly and 450,000 shares held by Nabal Spring, LLC, which Chang also solely manages.
Insider Trade Summary 10b5-1
Net Seller: 7,164 shares
Net Sell
2 txns
Insider
CHANG FRED FACHING
Role
Director, 10% Owner
Sold
7,164 shs ($62K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares F4, F1, F3 | 3,582 | $8.9156 | $32K |
| Sale | Common Shares F4, F2, F3 | 3,582 | $8.4838 | $30K |
| Holding | Common Shares F3 | -- | -- | -- |
| Holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 2,811,433 shares (Indirect, By Tekhill USA LLC);
Common Shares — 450,000 shares (Indirect, By Nabal Spring, LLC);
Common Shares — 407,927 shares (Direct)
Footnotes (4)
- F1. This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.43 to $8.57. 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 $8.71 to $8.26. 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.
- F4. All sales of 3,582 shares made by Reporting Person since September 1, 2026 have been made pursuant to a written plan adopted on May 21, 2026, 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).
Key Figures
Shares sold: 3,582 shares
Weighted-average sale price: $8.9156 per share
Shares sold: 3,582 shares
+3 more
6 metrics
Shares sold
3,582 shares
First reported sale by Tekhill USA LLC
Weighted-average sale price
$8.9156 per share
First reported sale; prices ranged from $9.43 to $8.57
Shares sold
3,582 shares
Second reported sale by Tekhill USA LLC
Weighted-average sale price
$8.4838 per share
Second reported sale; prices ranged from $8.71 to $8.26
Direct shareholding
407,927 shares
Common shares listed as held directly
Nabal Spring, LLC shareholding
450,000 shares
Common shares listed as held by Nabal Spring, LLC
Key Terms
Rule 10b5-1(c), weighted average price
2 terms
Rule 10b5-1(c) regulatory
"written plan adopted on May 21, 2026 ... Rule 10b5-1(c)"
Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Were Tekhill USA LLC’s NEGG sales made under a Rule 10b5-1 plan?
Yes. Both reported sales were made under a written Rule 10b5-1 plan adopted May 21, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
