A Form 144 notice of proposed sale was filed on November 2, 2026, by Michael Chen, an officer of Newegg Commerce, Inc., disclosing plans to sell 57 shares of common stock on NASDAQ.

Key Highlights

  • Proposed sale: Michael Chen, listed as an officer, intends to sell 57 shares of Newegg Commerce common stock with an aggregate market value of $575.13.
  • Source of shares: The 57 shares were acquired on October 31, 2026, through restricted stock vesting from the issuer, with compensation listed as the nature of payment.
  • Shares outstanding: According to the filing, 20,972,505 shares of common stock were outstanding at the time of the notice.
  • Approximate sale date: The proposed sale is dated November 2, 2026, to be executed through Fidelity Brokerage Services LLC.
  • 10b5-1 plan: The filing indicates a Rule 10b5-1 plan adoption date of August 25, 2025.
  • Recent sales: Chen sold 67 shares on October 1, 2026 (gross proceeds $884.40), 67 shares on September 1, 2026 (gross proceeds $1,090.76), and 67 shares on August 3, 2026 (gross proceeds $853.58) in the prior three months.

Michael Chen's Proposed Share Sale Under Rule 144 at Newegg Commerce

According to the Form 144 filed with the U.S. Securities and Exchange Commission on November 2, 2026, Michael Chen, identified as an officer of Newegg Commerce, Inc. (NASDAQ:NEGG), is proposing to sell 57 shares of the company's common stock. The filing lists an aggregate market value of $575.13 for the proposed sale, to be conducted through Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, Rhode Island.

The filing discloses that the 57 shares were acquired on October 31, 2026, via restricted stock vesting directly from the issuer, with the nature of payment described as compensation. The proposed sale is scheduled for approximately November 2, 2026, on NASDAQ. The filing notes that 20,972,505 shares of common stock were outstanding at the time of the notice.

The filing also reports three sales by Michael Chen in the preceding three months: 67 shares sold on October 1, 2026, for gross proceeds of $884.40; 67 shares sold on September 1, 2026, for gross proceeds of $1,090.76; and 67 shares sold on August 3, 2026, for gross proceeds of $853.58. The filing indicates the sales are being conducted pursuant to a Rule 10b5-1 plan adopted on August 25, 2025. The form was signed by Daniel Tucci, described as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Michael Chen.

What Was Disclosed

Newegg Commerce officer Michael Chen filed a Form 144 on November 2, 2026, giving notice of a proposed sale of 57 shares of common stock valued at $575.13, acquired through restricted stock vesting, under a Rule 10b5-1 plan adopted August 25, 2025.