SEC Form 4 · accession 0001493152-26-041793
Newegg Commerce, Inc. · NEGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zhitao He
Director · 10% Owner
Period of report
Sep 3, 2026
Accepted (ET)
Sep 8, 2026 · 5:10 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001474627
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F3 | Sep 3, 2026 | S | 39,149 | $16.50 | D | 11,101,930 | I | By Digital Grid (Hong Kong) Technology Co., Limited |
| Common SharesF2,F3 | Sep 3, 2026 | S | 265 | $17.00 | D | 11,101,665 | I | By Digital Grid (Hong Kong) Technology Co., Limited |
| Common SharesF4 | holding | — | — | — | 2,946 | I | By Hyperfinite Galaxy Holding Limited |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.50 to $16.69. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2These shares were sold in multiple transactions at the price of $17.00. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold in each transaction.
- F3These shares are held directly by Digital Grid (Hong Kong) Technology Co., Limited ("Digital Grid"). The Reporting Person may be deemed to beneficially own these shares through Hangzhou Lianluo Interactive Information Technology Co., Ltd.'s ("Hangzhou Lianluo") 100% ownership of Digital Grid and the Reporting Person's control of Hangzhou Lianluo.
- F4These shares are held directly by Hyperfinite Galaxy Holding Limited ("Hyperfinite"). The Reporting Person may be deemed to beneficially own these shares through his 100% ownership of Hyperfinite.