Newegg (NEGG) 10% Owner Fred F. Chang Sells Shares

What Happened Fred F. Chang (listed in the filing as Chang Fred Faching), a reported 10% owner of Newegg Commerce, Inc. (NEGG), sold 13,582 shares in open-market transactions on September 4, 2026. The filing reports a weighted-average price of $15.62 per share and a total proceeds amount of $212,102. The sale was executed in multiple transactions with prices ranging from $16.40 down to $15.19.

Key Details

• Transaction date: 2026-09-04 (filed with the SEC on 2026-09-08).
• Reported amount sold: 13,582 shares; reported weighted-average price: $15.62; total proceeds: $212,102.
• Price range disclosed: $16.40 to $15.19; the filer can provide a breakdown of how many shares sold at each price upon request (footnote).
• Ownership structure note: the filer is the sole member and manager of Tekhill USA LLC and Nabal Spring, LLC (per footnote), which may be relevant to how holdings are reported.
• Shares owned after the transaction: not specified in the information provided in this summary.
• Filing timing: trade on Sep 4 and Form 4 filed Sep 8 (four days later). Form 4s are typically required within two business days of the transaction, so this filing was submitted several days after the trade.

Context This was a sale (not a purchase or option exercise). Sales by large holders or executives can be routine (liquidity needs, estate planning, diversification) and do not by themselves indicate company outlook. As a 10% owner, Chang’s trades reflect activity by a significant shareholder rather than a routine employee buy signal.