SCHEDULE: Galkins Boost Newegg Stake to 17.4%

Vladimir and Angelica Galkin have increased their beneficial ownership in Newegg Commerce, Inc. to 17.4% through recent open market transactions.

Summary

• Vladimir Galkin and Angelica Galkin, husband and wife, collectively known as the Reporting Persons, beneficially own 3,388,888 common shares of Newegg Commerce, Inc.
• This aggregate ownership represents approximately 17.4% of the Issuer's outstanding common shares, based on 19,478,394 shares outstanding as of December 31, 2024.
• The Galkin Revocable Trust initially acquired 2,222,222 shares using cash from its capital account and margin borrowings.
• On July 10, 2025, the Galkin Revocable Trust transferred all 2,222,222 shares to a joint account held by Vladimir and Angelica Galkin.
• Subsequently, the Galkins used their own investment capital to purchase an additional 1,166,666 shares.
• A total of approximately $63,468,962 was paid to acquire 3,550,162 shares of Common Stock.
• Approximately $2,387,051 was received from the sale of 161,274 shares of Common Stock.
• All transactions by the Reporting Persons during the past sixty days were effected in the open market through a broker.

Sentiment

Score: 8

Explanation: The significant increase in beneficial ownership by key individuals, using their own investment capital, indicates strong confidence in the company's prospects, which is a positive signal for investors.

Positives

• The significant increase in beneficial ownership by Vladimir and Angelica Galkin to 17.4% demonstrates strong insider confidence in Newegg Commerce, Inc.'s future prospects.
• The Galkins used their own investment capital for recent purchases, indicating a direct personal commitment to the company's value.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the Issuer's future outlook.

Industry Context

This filing details a significant increase in beneficial ownership by key individuals in Newegg Commerce, Inc., an e-commerce company specializing in technology retail. While the filing itself does not provide broader industry context, increased insider ownership can be interpreted as a positive signal within the competitive e-commerce landscape, suggesting confidence in the company's position or strategy relative to its peers.

Stakeholder Impact

• Shareholders may view the increased insider ownership as a positive indicator of management's belief in the company's value and future performance, potentially boosting investor confidence.
• The increased stake could signal stability and long-term commitment from significant individual investors.

Key Dates

Recommendation

The substantial increase in beneficial ownership by Vladimir and Angelica Galkin, reaching 17.4% of outstanding shares, signals strong insider confidence in Newegg Commerce, Inc. This significant investment, particularly the use of personal capital for recent purchases, suggests that those closest to the company see considerable upside potential, making it an attractive opportunity for investors.

Keywords

Newegg Commerce, NEGG, Schedule 13D, beneficial ownership, insider buying, e-commerce, technology retail