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 6, 2026 at a weighted average price of $11.97 for $42,866, and sold 3,582 shares on Oct 7, 2026 at a weighted average price of $11.83 for $42,386, for total proceeds of $85,252. The transactions are reported as open-market or private sales (code S).

Key details

• Transaction dates and prices: Oct 6, 2026 — 3,582 shares at $11.97 (weighted average; range $12.15 to $11.79 per footnote F1). Oct 7, 2026 — 3,582 shares at $11.83 (weighted average; range $12.01 to $11.62 per footnote F2).
• Total shares sold: 7,164. Total proceeds: $85,252.
• Shares owned after the transaction: not reported in the provided filing excerpt.
• Footnotes: F1 and F2 note the reported prices are weighted averages and give the per-share price ranges; the reporting person offered to provide detailed per-price quantities on request. F3 states the reporting person is the sole member and manager of Tekhill USA LLC and Nabal Spring, LLC.
• Filing details: Form 4 filed Oct 8, 2026 for transactions reported for the period ending Oct 6, 2026; the filing does not indicate a late filing.

Why it may matter

• The filing reports market sales by a 10% owner (a large shareholder, not an executive). A Form 4 does not show why the insider traded or why the company acted.