SCHEDULE: Galkin Family Boosts Newegg Stake to 20.5%
Beneficial Ownership Update
Vladimir and Angelica Galkin have increased their beneficial ownership in Newegg Commerce, Inc. to 20.5% through recent open market purchases.
Summary
- Vladimir and Angelica Galkin jointly beneficially own 4,288,888 shares of Newegg Commerce, Inc. Common Stock.
- This represents approximately 20.5% of the Issuer's outstanding shares.
- The ownership percentage is based on 20,966,480 shares outstanding as of September 30, 2025, as reported by the Issuer.
- The Galkins made numerous open market purchases totaling 245,482 shares between November 10, 2025, and January 7, 2026.
- Purchase prices during this period ranged from $50.31 to $90.45 per share.
- The Galkins used their own investment capital for these purchases, and their joint account positions are not held in a margin account or pledged as collateral.
Sentiment
Score: 8
Explanation: The reporting persons have significantly increased their stake in Newegg Commerce, Inc. to 20.5% through consistent open market purchases, indicating strong confidence in the company's future prospects. The fact that their current holdings are not on margin further strengthens the positive sentiment regarding their investment stability.
Positives
- Significant insider ownership (20.5%) demonstrates strong conviction in Newegg Commerce, Inc.
- Continued open market purchases, even as prices fluctuated, indicate a long-term investment strategy by the reporting persons.
- The shares are held in a joint account and are not subject to margin calls or pledges, reducing financial risk for the reporting persons' current holdings.
Stakeholder Impact
- Shareholders: Increased confidence due to significant insider ownership, potentially signaling a positive outlook from a major investor.
- Company (Newegg Commerce, Inc.): A large, stable shareholder base can provide long-term support and reduce vulnerability to hostile takeovers.
Key Dates
| Date | Description |
|---|---|
| 2025-07-01 | Original Schedule 13D filing date. |
| 2025-07-10 | Galkin Revocable Trust transferred 2,222,222 shares of Common Stock to Vladimir and Angelica Galkin's joint account. |
| 2025-09-30 | Date of outstanding shares count (20,966,480) used for percentage calculation. |
| 2025-10-14 | Date Issuer filed Form 6-K reporting outstanding shares. |
| 2025-11-10 | First reported open market purchase by Vladimir and Angelica Galkin in the past 60 days. |
| 2026-01-07 | Date of event requiring this filing (latest transaction date and filing date of Amendment No. 28). |
Keywords
Newegg Commerce, NEGG, Schedule 13D, Beneficial Ownership, Insider Buying, Stock Purchase, Investment, E-commerce
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