Newegg (NASDAQ: NEGG) insider files to sell 67 shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Newegg Commerce insider Michael Chen filed a notice to sell 67 common shares on or about February 2, 2026 on NASDAQ through Fidelity Brokerage Services LLC. The filing lists an aggregate market value of $3,311.14 for this planned sale and notes 19,478,394 shares outstanding.
The 67 shares to be sold were acquired on January 31, 2026 via restricted stock vesting from the issuer as compensation. Over the past three months, Chen also sold 67 shares on December 16, 2025 for $3,761.38 and 67 shares on January 2, 2026 for $3,474.62. The filer represents that they do not know of any undisclosed material adverse information about Newegg’s current or prospective operations.
Positive
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FAQ
What does the Form 144 filing for NEGG disclose?
The Form 144 discloses that Michael Chen plans to sell 67 shares of Newegg Commerce common stock. The planned NASDAQ sale, via Fidelity Brokerage Services, has an aggregate market value of $3,311.14 and references 19,478,394 shares outstanding.
What prior Newegg (NEGG) stock sales has Michael Chen reported?
Over the prior three months, Michael Chen reported two sales of Newegg common stock. He sold 67 shares on December 16, 2025 for $3,761.38 and another 67 shares on January 2, 2026 for $3,474.62 in gross proceeds.
Does the NEGG Form 144 include any representation about undisclosed information?
Yes. The person for whose account the securities will be sold represents by signing that they do not know any material adverse information about Newegg’s current or prospective operations that has not already been publicly disclosed to the market.