Newegg Commerce: 10% owner Chang Fred Faching sold 7,164 shares

What happened

• Chang Fred Faching, identified as a 10% owner, sold a total of 7,164 shares in two open-market transactions: 3,582 shares at a reported weighted average price of $10.64 on Oct 14, 2026 for $38,116, and 3,582 shares at a reported weighted average price of $11.04 on Oct 15, 2026 for $39,563. Transaction code: S (sale).

Key details

• Transaction dates and prices: Oct 14, 2026 — 3,582 shares at weighted average $10.64 (prices ranged $10.86 to $10.40; footnote F1); Oct 15, 2026 — 3,582 shares at weighted average $11.04 (prices ranged $11.325 to $10.50; footnote F2).
• Total proceeds reported: $38,116 and $39,563, total $77,679.
• Shares owned after the transaction: not reported in this filing.
• Relevant footnotes:
  • F1 and F2: each reported price is a weighted average; shares were sold in multiple transactions across the stated price ranges and the reporting person will provide a breakdown on request.
  • F3: the reporting person is the sole member and manager of Tekhill USA LLC and Nabal Spring, LLC.
• Filing date: Oct 16, 2026. No late filing is indicated in the report.

Why it may matter

• The trades were open-market sales (not option exercises or gifts).
• The reporting person is a 10% owner, which denotes a large holder rather than an executive role.
• This filing does not show why the insider traded or why the company acted.