Newegg interim CFO gains 131 shares via RSUs
Newegg Commerce, Inc. interim CFO Christina Ching exercised restricted stock units into common shares.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Newegg Commerce, Inc. interim CFO Christina Ching exercised restricted stock units into common shares. She converted 131 RSUs into 131 shares of common stock on this date, with 48 of those shares withheld to cover her tax obligations. Following these transactions, she holds 3,402 shares of common stock directly and 771 restricted stock units. A prior RSU award covered 6,250 units, of which 5,348 vested earlier; the remaining 902 RSUs are scheduled to vest in equal monthly installments until fully vested on September 6, 2026.
Insider Trade Summary
131 shares exercised/converted
Exercise
3 txns
Insider
Ching Christina
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 131 | $0.00 | $0.00 |
| Exercise | Common Stock | 131 | $39.22 | $5K |
| Exercise Price or Tax Liability | Common Stock | 48 | $39.22 | $2K |
Holdings After Transaction:
Restricted Stock Unit — 771 contracts (Direct);
Common Stock — 3,402 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 exercised: 131 units
Shares withheld for tax: 48 shares
Common shares held after: 3,402 shares
+3 more
6 metrics
RSUs exercised
131 units
Restricted stock units converted into common stock on transaction date
Shares withheld for tax
48 shares
Common shares used to satisfy tax withholding obligation
Common shares held after
3,402 shares
Direct ownership of Newegg common stock following transactions
RSUs held after
771 units
Restricted stock units reported as held after derivative transaction
Total RSU award
6,250 units
Original restricted stock unit grant size per footnote
Remaining scheduled RSUs
902 units
RSUs scheduled to vest monthly until September 6, 2026
Key Terms
Restricted Stock Unit, tax withholding obligation, Section 16 officer, vesting, +1 more
5 terms
Restricted Stock Unit financial
"security_title": "Restricted Stock Unit""
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.
tax withholding obligation financial
"Shares withheld to satisfy tax withholding obligation of the reporting person"
Section 16 officer regulatory
"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.
vesting financial
"The remaining 902 RSUs vest in equal monthly installments until fully vested"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Newegg (NEGG) interim CFO Christina Ching report in this Form 4?
Christina Ching reported exercising 131 restricted stock units into common shares. Of these, 48 shares were withheld to satisfy tax obligations, and she now directly owns 3,402 Newegg common shares plus remaining restricted stock units.
What are the details of Christina Ching’s restricted stock unit award at Newegg (NEGG)?
The award covers 6,250 restricted stock units. Footnotes state 5,348 RSUs vested before she became a Section 16 officer, and the remaining 902 RSUs are scheduled to vest in equal monthly installments until fully vested on September 6, 2026.
What type of transactions are coded 'M' and 'F' in this Newegg (NEGG) Form 4?
Code "M" reflects exercise or conversion of a derivative security, here RSUs converting into common stock. Code "F" indicates a tax-withholding disposition, where shares are delivered back to cover taxes instead of being sold on the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
