Form 4: Newegg Commerce Executive Sells Shares
Insider Transaction (Form 4)
Michael Chen, Chief Legal Officer of Newegg Commerce, Inc., sold 67 shares of common stock on July 29, 2026 for $12.74 per share.
Summary
- Option exercise/conversion: acquired 105 Common Stock at $13.28 ($1,394) on July 31, 2026; holds 2,493 after (Direct).
- Tax/exercise-price withholding: disposed of 38 Common Stock at $13.28 ($505) on July 31, 2026; holds 2,455 after (Direct).
- Open-market sale: disposed of 67 Common Stock at $12.74 ($854) on August 3, 2026; holds 2,388 after (Direct).
- Grant/award: acquired 18,352 Restricted Stock Unit on July 29, 2026; holds 18,352 after (Direct).
- Option exercise/conversion: disposed of 105 Restricted Stock Unit on July 31, 2026; holds 299 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $854 of stock on the open market.
Insider Transactions
Michael Chen — Officer (Chief Legal Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-31 | Option exercise/conversion | Common Stock | 105 | $13 | $1.4K | 2,493 |
| 2026-07-31 | Tax/exercise-price withholding | Common Stock | 38 | $13 | $505 | 2,455 |
| 2026-08-03 | Open-market sale | Common Stock | 67 | $13 | $854 | 2,388 |
| 2026-07-29 | Grant/award | Restricted Stock Unit | 18,352 | — | — | 18,352 |
| 2026-07-31 | Option exercise/conversion | Restricted Stock Unit | 105 | — | — | 299 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-31 | Option exercise/conversion (105 shares) |
| 2026-07-31 | Tax/exercise-price withholding (38 shares) |
| 2026-08-03 | Open-market sale (67 shares) |
| 2026-07-29 | Grant/award (18,352 shares) |
| 2026-07-31 | Option exercise/conversion (105 shares) |
Keywords
insider transaction, Form 4, NEGG, Newegg Commerce, Inc., bearish, Michael Chen
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