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.

The filer has since corrected this document, so the figures below are the ones originally reported and some of them may have changed. Read the amended Form 4/A for what the company says now.

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

Net Seller: 13,582 shares

Net Sell 1 txn

Insider CHANG FRED FACHING

Role Director, 10% Owner

Sold 13,582 shs ($212K)

Type	Security	Shares	Price	Value
Sale	Common Shares F1, F2	13,582	$15.6164	$212K

Holdings After Transaction: Common Shares — 3,060,105 shares (Indirect, By Tekhill USA LLC)

Footnotes (2)

1. 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.
2. F2. The Reporting Person is the sole member and manager of Tekhill USA LLC and Nabal Spring, LLC.

Key Figures

Shares sold: 13,582 shares Weighted average sale price: $15.6164 per share Post-transaction holdings: 3,060,105 shares +1 more

4 metrics

Shares sold 13,582 shares Common Shares sold indirectly by Tekhill USA LLC

Weighted average sale price $15.6164 per share Average price for the 13,582 Common Shares sold

Post-transaction holdings 3,060,105 shares Common Shares indirectly owned after the reported sale

Sale price range $16.40 to $15.19 per share Range of prices for multiple sale transactions included in the weighted average

Key Terms

weighted average price, indirect ownership, open market or private transaction

3 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.

indirect ownership financial

"Common Shares are reported as indirectly owned by Tekhill USA LLC."

open market or private transaction financial

"Sale in open market or private transaction"

FAQ

What insider transaction did NEGG director Fred Faching Chang report?

Fred Faching Chang reported an indirect sale of 13,582 Common Shares of Newegg Commerce, Inc. through Tekhill USA LLC. The sale was reported as an open-market or private transaction with a weighted average price of $15.6164 per share.

At what price were the NEGG shares sold in this Form 4 filing?

The reported weighted average price for the 13,582 NEGG shares sold was $15.6164 per share. A footnote states the shares were sold in multiple transactions at prices ranging from $16.40 to $15.19 per share.

How many NEGG shares does Fred Faching Chang hold after this transaction?

After the reported sale, Tekhill USA LLC, through which Fred Faching Chang holds shares, owns 3,060,105 Common Shares of Newegg Commerce, Inc. These holdings are reported as indirect ownership by Chang.

Were the NEGG insider sales made under a Rule 10b5-1 trading plan?

No. The filing indicates that the transactions were not made pursuant to a Rule 10b5-1 trading plan, as the document-level Rule 10b5-1 checkbox is not marked as affirming such a plan.

Through which entity does Fred Faching Chang indirectly own NEGG shares?

The reported NEGG shares are held indirectly by Tekhill USA LLC. A footnote explains that Fred Faching Chang is the sole member and manager of Tekhill USA LLC and Nabal Spring, LLC, and this transaction relates to Tekhill USA LLC.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/08/2026 - 06:24 PM Accepted by SEC EDGAR 09/08/2026 - 06:24 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)
09/04/2026

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	09/04/2026		S		13,582	D	$15.6164(1)	3,060,105	I	By Tekhill USA LLC(2)

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 $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.

2. The Reporting Person is the sole member and manager of Tekhill USA LLC and Nabal Spring, LLC.

	/s/ Alison M. Pear, Attorney-In-Fact	09/08/2026
	** 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)