Ching Christina 4

What Happened

• Ching Christina, Interim Chief Financial Officer of Newegg (NEGG), reported the exercise/conversion of derivative awards on July 6, 2026. The filing shows 131 shares acquired at $14.72 each (total $1,928). Separately, 48 shares were withheld to satisfy tax withholding ($707). The filing also records a conversion/disposition of 131 derivative shares at $0.00 (this reflects conversion/settlement of the derivative instrument rather than an open-market sale).

Key Details

• Transaction date: July 6, 2026; filing date: July 8, 2026.
• Reported entries: 131 shares acquired @ $14.72 (M); 48 shares withheld/disposed for tax (F) @ $14.72; 131 shares disposed at $0.00 reflecting conversion of the derivative (M).
• Shares owned after the transaction: not specified in the material provided.
• Tax withholding: 48 shares were withheld to satisfy the Reporting Person’s tax liability (footnote F2).
• Corrections noted: filing includes corrections to prior reports to account for previously omitted vested/distributed shares and to adjust the RSU balance (footnotes F1, F3, F6).
• RSU context: the Reporting Person was granted 6,250 RSUs (F4); 5,348 vested before she became a Section 16 officer and 902 RSUs remain to vest monthly through Sep 6, 2026.
• No open-market sale: the disposed shares reflect withholding/conversion, not a public sale.

Context

• This is an exercise/conversion of derivative awards rather than an open-market purchase or sale; 48 shares were surrendered/withheld to cover taxes (a common, routine practice). The filings also correct prior reporting around vesting/distributions and adjust the RSU balance; these corrections do not by themselves indicate a change in trading intent.