Newegg director Chang's firm sells 3,582 shares twice

The director and 10% owner reported sales through Tekhill USA LLC, with weighted-average prices and transaction ranges disclosed.

Rhea-AI Filing Summary

Newegg Commerce, Inc. (NEGG) director and 10% owner Fred Faching Chang reported that Tekhill USA LLC sold 3,582 Common Shares at a weighted average price of $13.1290 per share and another 3,582 Common Shares at a weighted average price of $13.0540 per share. The first weighted average reflects prices from $13.42 to $13.01; the second reflects prices from $13.28 to $12.87.

Chang is the sole member and manager of Tekhill USA LLC and Nabal Spring, LLC. Separate ownership entries list 450,000 Common Shares by Nabal Spring, LLC and 407,927 Common Shares held directly. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Net Seller: 7,164 shares

Net Sell 4 txns

Insider CHANG FRED FACHING

Role Director, 10% Owner

Sold 7,164 shs ($94K)

Type	Security	Shares	Price	Value
Sale	Common Shares F1, F3	3,582	$13.129	$47K
Sale	Common Shares F2, F3	3,582	$13.054	$47K
holding	Common Shares F3	--	--	--
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 2,918,893 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 $13.42 to $13.01. 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 $13.28 to $12.87. 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 infomration 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.

Key Figures

First sale: 3,582 Common Shares First weighted average price: $13.1290 per share Second sale: 3,582 Common Shares +3 more

6 metrics

First sale 3,582 Common Shares Sold by Tekhill USA LLC

First weighted average price $13.1290 per share First reported sale

Second sale 3,582 Common Shares Sold by Tekhill USA LLC

Second weighted average price $13.0540 per share Second reported sale

Nabal Spring, LLC holding 450,000 Common Shares Reported indirect holding

Direct holding 407,927 Common Shares Reported direct holding

Key Terms

weighted average price, sole member and manager

2 terms

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.

sole member and manager technical

"The Reporting Person is the sole member and manager"

FAQ

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

How many NEGG shares did Fred Faching Chang sell, and at what prices?

Tekhill USA LLC reported two sales of 3,582 Common Shares each. The weighted average prices were $13.1290 and $13.0540 per share, respectively. The reported price ranges were $13.42 to $13.01 for the first sale and $13.28 to $12.87 for the second. No Rule 10b5-1 plan is reported.

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

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 09/30/2026 - 04:37 PM Accepted by SEC EDGAR 09/30/2026 - 04:36 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	09/28/2026		S		3,582	D	$13.129(1)	2,922,475	I	By Tekhill USA LLC(3)
Common Shares	09/29/2026		S		3,582	D	$13.054(2)	2,918,893	I	By Tekhill USA LLC(3)
Common Shares								450,000	I	By Nabal Spring, LLC(3)
Common Shares								407,927	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 $13.42 to $13.01. 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 $13.28 to $12.87. 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 infomration 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-Fact	09/30/2026
	** Signature of Reporting Person	Date
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)