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Newegg (NEGG) interim CFO converts RSUs and withholds shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Newegg Commerce interim CFO Christina Ching reported routine equity compensation activity. On June 5, 2026, she exercised restricted stock units into 131 shares of common stock, reflecting the conversion of previously granted RSUs.

To cover related tax obligations, 48 common shares were withheld, a non-market disposition that did not involve an open-market sale. After these transactions, she held 3,568 common shares directly. The award originally covered 6,250 RSUs, with 902 RSUs scheduled to vest in equal monthly installments until full vesting on September 6, 2026.

Positive

  • None.

Negative

  • None.
Insider Ching Christina
Role Interim CFO
Type Security Shares Price Value
Exercise Restricted Stock Unit 131 $0.00 --
Exercise Common Stock 131 $17.34 $2K
Tax Withholding Common Stock 48 $17.34 $832.32
Holdings After Transaction: Restricted Stock Unit — 509 shares (Direct, null); Common Stock — 3,616 shares (Direct, null)
Footnotes (1)
  1. Shares withheld to satisfy tax withholding obligation of the reporting person. Represents an award of 6,250 restricted stock units ('RSUs'). 5,348 RSUs vested prior to the Reporting Person becoming a Section 16 officer. The remaining 902 RSUs vest in equal monthly installments until fully vested on September 6, 2026. N/A
RSUs exercised 131 shares Common stock received from RSU conversion on June 5, 2026
Shares withheld for taxes 48 shares Common shares withheld to satisfy tax obligations
Withholding price $17.34 per share Value used for tax withholding shares
Shares held after transaction 3,568 shares Newegg common stock held directly by Christina Ching
Total RSU award 6,250 RSUs Restricted stock unit award referenced in footnote
RSUs vested pre-Section 16 5,348 RSUs Units vested before Ching became a Section 16 officer
Remaining unvested RSUs 902 RSUs Vest in equal monthly installments until September 6, 2026
Vesting end date September 6, 2026 Date remaining 902 RSUs are expected to be fully vested
Restricted Stock Unit financial
"security_title": "Restricted Stock Unit""
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Section 16 officer regulatory
"vested prior to the Reporting Person becoming a Section 16 officer"
A Section 16 officer is a corporate executive who, under U.S. securities law, must publicly report their purchases and sales of the company’s stock and is subject to rules that can force them to return short-term trading profits. Think of them as an insider required to keep a public trading log so investors can see when executives are buying or selling; that transparency helps investors assess management’s confidence and reduces the risk of undisclosed insider trading.
tax withholding obligation financial
"Shares withheld to satisfy tax withholding obligation of the reporting person"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ching Christina

(Last)(First)(Middle)
21688 GATEWAY CENTER DRIVE, SUITE 300

(Street)
DIAMOND BAR CALIFORNIA 91765

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Newegg Commerce, Inc. [ NEGG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Interim CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/05/2026M131A$17.343,616D
Common Stock06/05/2026F(1)48D$17.343,568D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit$006/05/2026M131 (2) (3)Common Stock131$0509D
Explanation of Responses:
1. Shares withheld to satisfy tax withholding obligation of the reporting person.
2. Represents an award of 6,250 restricted stock units ('RSUs'). 5,348 RSUs vested prior to the Reporting Person becoming a Section 16 officer. The remaining 902 RSUs vest in equal monthly installments until fully vested on September 6, 2026.
3. N/A
/s/ Christina Ching06/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What transactions did Newegg (NEGG) interim CFO Christina Ching report on this Form 4?

Interim CFO Christina Ching reported exercising restricted stock units into 131 shares of Newegg common stock. In the same event, 48 of those shares were withheld to satisfy her tax obligations, a non-market disposition rather than an open-market sale of shares.

Did Newegg (NEGG) interim CFO Christina Ching sell shares on the open market?

The filing shows no open-market sale by Christina Ching. Instead, 48 common shares were withheld at $17.34 per share to satisfy tax withholding obligations related to the vesting and conversion of restricted stock units granted as compensation.

How many Newegg (NEGG) shares does interim CFO Christina Ching hold after these transactions?

After the reported transactions, Christina Ching holds 3,568 Newegg common shares directly. This balance reflects the RSU conversion into 131 shares and the withholding of 48 shares for taxes as disclosed in the Form 4 filing details.

What are the key details of the restricted stock unit (RSU) award for Newegg (NEGG) interim CFO?

The RSU award totals 6,250 units. Of these, 5,348 RSUs vested before Christina Ching became a Section 16 officer, while the remaining 902 RSUs vest in equal monthly installments until fully vested on September 6, 2026, according to the Form 4 footnotes.

How many Newegg (NEGG) shares were used for tax withholding in this Form 4?

The filing states that 48 Newegg common shares were withheld to satisfy Christina Ching’s tax withholding obligations. The shares were valued at $17.34 per share, and this withholding is categorized as a non-market tax-related disposition of securities.

What does the transaction code M mean in Newegg (NEGG) interim CFO’s Form 4?

Transaction code M in this Form 4 indicates the exercise or conversion of a derivative security. Here, it represents the conversion of restricted stock units into 131 shares of Newegg common stock as part of Christina Ching’s equity compensation package.