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 12, 2026 at a reported weighted average price of $11.30 for $40,495, and sold 3,582 shares on Oct 13, 2026 at a reported weighted average price of $10.98 for $39,316. The filing reports these as open market or private sales (transaction code S). Total reported proceeds were $79,811 for 7,164 shares.

Key details

• Transaction dates and prices: Oct 12, 2026 — 3,582 shares at weighted average $11.30 (prices ranged $11.63 to $11.12) for $40,495 (F1). Oct 13, 2026 — 3,582 shares at weighted average $10.98 (prices ranged $11.29 to $10.79) for $39,316 (F2).
• Total sold: 7,164 shares for $79,811.
• Transaction type: open market or private sale (code S).
• Shares owned after the transactions: not reported in the filing excerpt.
• Footnotes: F1 and F2 state the reported prices are weighted averages from multiple trades and the reporting person will provide details on request; F3 states the reporting person is the sole member and manager of Tekhill USA LLC and Nabal Spring, LLC.
• Filing dates: period of report Oct 12, 2026; filing date Oct 14, 2026. Filing timeliness is not indicated in the excerpt.

Why it may matter The filing shows open-market sales by a 10% owner (a large holder rather than an executive) via multiple transactions at weighted average prices. A filing does not show why the insider traded or why the company acted.