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Newegg (NEGG) interim CFO exercises RSUs, 48 shares withheld for tax

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

Rhea-AI Filing Summary

Newegg Commerce, Inc. interim CFO Christina Ching exercised restricted stock units into common shares. She converted 131 RSUs into 131 shares of common stock on this date, with 48 of those shares withheld to cover her tax obligations. Following these transactions, she holds 3,402 shares of common stock directly and 771 restricted stock units. A prior RSU award covered 6,250 units, of which 5,348 vested earlier; the remaining 902 RSUs are scheduled to vest in equal monthly installments until fully vested 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 $39.22 $5K
Tax Withholding Common Stock 48 $39.22 $2K
Holdings After Transaction: Restricted Stock Unit — 771 shares (Direct); Common Stock — 3,450 shares (Direct)
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 units Restricted stock units converted into common stock on transaction date
Shares withheld for tax 48 shares Common shares used to satisfy tax withholding obligation
Common shares held after 3,402 shares Direct ownership of Newegg common stock following transactions
RSUs held after 771 units Restricted stock units reported as held after derivative transaction
Total RSU award 6,250 units Original restricted stock unit grant size per footnote
Remaining scheduled RSUs 902 units RSUs scheduled to vest monthly until September 6, 2026
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.
tax withholding obligation financial
"Shares withheld to satisfy tax withholding obligation of the reporting person"
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.
vesting financial
"The remaining 902 RSUs vest in equal monthly installments until fully vested"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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.
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)
04/06/2026
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 Stock04/06/2026M131A$39.223,450D
Common Stock04/06/2026F(1)48D$39.223,402D
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$004/06/2026M131 (2) (3)Common Stock131$0771D
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 Ching04/07/2026
** 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 did Newegg (NEGG) interim CFO Christina Ching report in this Form 4?

Christina Ching reported exercising 131 restricted stock units into common shares. Of these, 48 shares were withheld to satisfy tax obligations, and she now directly owns 3,402 Newegg common shares plus remaining restricted stock units.

How many Newegg (NEGG) shares does the interim CFO hold after the transactions?

After these transactions, Christina Ching directly holds 3,402 shares of Newegg common stock. She also holds 771 restricted stock units, representing part of her equity compensation that will convert into additional shares as they vest over time.

Were any of Christina Ching’s Newegg (NEGG) shares sold on the open market?

No open-market sale is reported. The Form 4 shows 48 shares classified as a tax-withholding disposition, used to satisfy tax obligations related to the RSU vesting, rather than a discretionary sale into the market.

What are the details of Christina Ching’s restricted stock unit award at Newegg (NEGG)?

The award covers 6,250 restricted stock units. Footnotes state 5,348 RSUs vested before she became a Section 16 officer, and the remaining 902 RSUs are scheduled to vest in equal monthly installments until fully vested on September 6, 2026.

What type of transactions are coded 'M' and 'F' in this Newegg (NEGG) Form 4?

Code "M" reflects exercise or conversion of a derivative security, here RSUs converting into common stock. Code "F" indicates a tax-withholding disposition, where shares are delivered back to cover taxes instead of being sold on the open market.