4Accepted Oct 6, 4:19 PM ET
Newegg Commerce: 10% owner Chang Fred Faching sold 7,164 shares
Accepted (ET)
4:19 PM
Oct 6, 2026
Filed
Oct 6, 2026
Documents
1
Size
9.0 KB
Summary
Newegg Commerce: 10% owner Chang Fred Faching sold 7,164 shares
What happened
- Chang Fred Faching, a 10% owner, sold 3,582 shares on Oct 2, 2026 at a weighted-average price of $11.88 for $42,572, and sold 3,582 shares on Oct 5, 2026 at a weighted-average price of $11.82 for $42,332, for a total of 7,164 shares and $84,904.
Key details
- Transaction dates and prices: Oct 2, 2026 — 3,582 shares at weighted-average $11.88 (see footnote F1); Oct 5, 2026 — 3,582 shares at weighted-average $11.82 (see footnote F2).
- Footnote F1: the Oct 2 price is a weighted average; shares were sold in multiple transactions at prices ranging from $12.45 to $11.28. The reporting person will provide per-price breakdown on request.
- Footnote F2: the Oct 5 price is a weighted average; shares were sold in multiple transactions at prices ranging from $12.08 to $11.47. The reporting person will provide per-price breakdown on request.
- Footnote F3: the reporting person is the sole member and manager of Tekhill USA LLC and Nabal Spring, LLC.
- Shares owned after the transaction: not reported in the provided details.
- Whether it was filed late: not indicated in the provided details.
Why it may matter
- These were open-market sales (transaction code S).
- The reporting person is a 10% owner, i.e., a large holder rather than an executive.
- This filing does not show why the insider traded or why the company acted.