Newegg (NEGG) CEO Anthony Chow Receives RSU Award

What Happened
Anthony Chow, CEO of Newegg Commerce, received a grant of 178,275 Restricted Stock Units (RSUs) on July 29, 2026. The reported transaction shows an acquisition at $0.00 per share (an award/grant, not a cash purchase). These RSUs are a derivative award that represent a contingent right to receive one share of Newegg common stock upon vesting.

Key Details

• Transaction date: July 29, 2026; Report filed: August 3, 2026 (filed after the typical 2-business-day Form 4 window).
• Transaction type/code: A = Award/Grant (derivative). Price reported: $0.00.
• Amount: 178,275 RSUs. Total cash value at grant not reported in the filing (RSUs convert to shares at vesting).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 — These RSUs vest 100% on July 29, 2027, subject to Chow’s continued service. F2 — N/A.

Context
RSUs are a retention/compensation award; they do not represent immediately tradable shares. If the executive remains employed through the vest date (July 29, 2027), each RSU converts into one share of common stock (potentially subject to tax withholding or other company policies at vesting). Because this is a grant (not a purchase or sale), it does not directly signal a buy or sell decision by the CEO. The filing was submitted several days after the grant date, which is later than the usual two-business-day deadline for Form 4 filings.