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

What happened

• Chang Fred Faching, a 10% owner, sold a total of 7,164 shares of Newegg Commerce common stock in open-market transactions.
• He sold 3,582 shares on Oct 16, 2026 at a weighted average price of $11.13 for $39,860 (F1), and 3,582 shares on Oct 19, 2026 at a weighted average price of $10.71 for $38,363 (F2).

Key details

• Transaction dates and prices:
  • Oct 16, 2026 — 3,582 shares @ $11.13 (weighted average; prices ranged $11.79 to $10.67) (F1).
  • Oct 19, 2026 — 3,582 shares @ $10.71 (weighted average; prices ranged $11.32 to $10.49) (F2).
• Total shares sold: 7,164. Total reported proceeds: $78,223.
• Shares owned after the transaction: not stated in the filing.
• Footnotes: F1 and F2 note weighted average prices and the price ranges; F3 states the Reporting Person is the sole member and manager of Tekhill USA LLC and Nabal Spring, LLC.
• Filing date: Oct 20, 2026; the report covers transactions on Oct 16 and Oct 19, 2026. Filing timeliness not specified.

Why it may matter

• These were open-market sales by a 10% owner (a large holder, not an executive).
• Sales were reported as multiple trades with weighted average prices; they were not reported as option exercises or gifts.
• A filing does not show why the insider traded or why the company acted.