Newegg director sells 13,582 shares at $15.62
Newegg Commerce, Inc. (NEGG) director and ten percent owner Fred Faching Chang, through Tekhill USA LLC, reported a sale of 13,582 Common Shares at a weighted average price of $15.6164 per share in open-market or private transactions.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Newegg Commerce, Inc. (NEGG) director and ten percent owner Fred Faching Chang, through Tekhill USA LLC, reported a sale of 13,582 Common Shares at a weighted average price of $15.6164 per share in open-market or private transactions. Following this indirect sale, Tekhill USA LLC holds 3,060,105 Common Shares for Chang, who is its sole member and manager. No Rule 10b5-1 trading plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares F1, F2 | 13,582 | $15.6164 | $212K |
Footnotes (2)
- F1. This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.40 to $15.19. 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. The Reporting Person is the sole member and manager of Tekhill USA LLC and Nabal Spring, LLC.
Key Figures
Key Terms
weighted average price financial
indirect ownership financial
open market or private transaction financial
FAQ
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What insider transaction did NEGG director Fred Faching Chang report?
Were the NEGG insider sales made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.