Two Newegg insiders sold shares in a cluster totaling $372K, with Director Fred Chang accounting for $371K of that at ~$20/share. The sales are modest relative to the $364M market cap (0.1%), and the CFO's derivative exercises are non-cash events. This cluster is notable for the director's open-market sales but does not signal material insider bearishness given the small dollar amount.
Price Chart
Executive Summary
Two Newegg insiders sold shares in a cluster totaling $372K, with Director Fred Chang accounting for $371K of that at ~$20/share. The sales are modest relative to the $364M market cap (0.1%), and the CFO's derivative exercises are non-cash events. This cluster is notable for the director's open-market sales but does not signal material insider bearishness given the small dollar amount.
Key Financial Metrics
Key Facts
- Director Fred Chang sold 29,630 shares for $371K at ~$20/share on June 2-3, 2026.
- Chief Legal Officer Michael Chen sold 67 shares for $1K at $18.18 on June 1, 2026.
- Interim CFO Christina Ching exercised derivatives and surrendered shares for tax withholding (non-cash, $0 net value).
- Total open-market sales of $372K represent ~0.1% of NEGG's $364M market cap.
- No insider open-market purchases were reported in the cluster.
Financial Impact
Total insider sales of $372K, or 0.1% of market cap — trivial relative to company size.
Risk Factors
- Director Chang's sales could precede further insider selling if the stock price remains elevated.
- No insider buying to offset the selling — lack of bullish conviction from management.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NEGG-1780961953929 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | 6-K | $10.56 | awaiting T+5 | — | $9.47 (−10.32%) |
Oct 16, 2026 10d ago | SC 13D/A | $10.90 $9.70 | ▲ +11.01% | ▲ +10.58% | $9.47 (+13.12%) |
Sep 8, 2026 6w ago | Insider Cluster | $15.06 $13.27 | ▲ +11.89% | ▲ +10.79% | $9.47 (+37.12%) |
Sep 8, 2026 6w ago | Insider Cluster | $15.06 $13.27 | ▼ −11.89% | ▼ −11.23% | $9.47 (−37.12%) |
Jun 15, 2026 19w ago | EFFECT | $18.60 $17.66 | ▼ −5.05% | ▼ −3.67% | $9.47 (−49.09%) |
Jun 3, 2026 20w ago | Insider Cluster | $18.45 $18.61 | ▲ +0.87% | ▲ +3.42% | $9.47 (−48.67%) |
Jun 3, 2026 20w ago | Insider Cluster | $18.45 $18.61 | ▲ +0.87% | ▲ +3.42% | $9.47 (−48.67%) |
Jun 2, 2026 20w ago | Insider Cluster | $18.21 $16.78 | ▼ −7.85% | ▼ −4.03% | $9.47 (−48.00%) |
May 28, 2026 21w ago | 6-K | $18.61 $18.21 | ▼ −2.15% | ▼ −2.10% | $9.47 (−49.11%) |
May 20, 2026 22w ago | Insider Cluster | $20.21 $18.57 | ▼ −8.11% | ▼ −9.96% | $9.47 (−53.14%) |
US Market Status
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