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 September 30, 2026 for $13.20 per share.
Summary
- Option exercise/conversion: acquired 105 Common Stock at $13.20 ($1,386) on September 30, 2026; holds 2,493 after (Direct).
- Tax/exercise-price withholding: disposed of 38 Common Stock at $13.20 ($502) on September 30, 2026; holds 2,455 after (Direct).
- Open-market sale: disposed of 67 Common Stock at $13.20 ($884) on October 1, 2026; holds 2,388 after (Direct).
- Option exercise/conversion: disposed of 105 Restricted Stock Unit on September 30, 2026; holds 89 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $884 of stock on the open market.
Insider Transactions
Michael Chen — Officer (Chief Legal Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-30 | Option exercise/conversion | Common Stock | 105 | $13 | $1.4K | 2,493 |
| 2026-09-30 | Tax/exercise-price withholding | Common Stock | 38 | $13 | $502 | 2,455 |
| 2026-10-01 | Open-market sale | Common Stock | 67 | $13 | $884 | 2,388 |
| 2026-09-30 | Option exercise/conversion | Restricted Stock Unit | 105 | — | — | 89 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-30 | Option exercise/conversion (105 shares) |
| 2026-09-30 | Tax/exercise-price withholding (38 shares) |
| 2026-10-01 | Open-market sale (67 shares) |
| 2026-09-30 | Option exercise/conversion (105 shares) |
Keywords
insider transaction, Form 4, NEGG, Newegg Commerce, Inc., bearish, Michael Chen
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.