Director Chang's $509K sale is the dominant signal — directors rarely sell without reason. Monitor for upcoming earnings or operational updates that could explain the timing.
Price Chart
Executive Summary
Two Newegg insiders sold shares totaling $511K in early May, led by Director Fred Chang's $509K open-market sale. The cluster is modest relative to NEGG's $613M market cap (~0.08%), but the cross-filing context includes a late-filing indicator and prior earnings volatility, amplifying the bearish signal. The interim CFO also exercised and surrendered shares for tax withholding, which is non-cash and routine.
Key Financial Metrics
Key Facts
- Director Fred Chang sold 15,000 shares at $33.94 for $509K on May 1, 2026
- Chief Legal Officer Michael Chen sold 67 shares at $35.00 for $2K on May 1, 2026
- Interim CFO Christina Ching exercised 131 derivative shares at $0 and surrendered 48 shares for tax withholding ($1,529) on May 6, 2026
- Total cluster value is $511K, representing ~0.08% of NEGG's $613M market cap
Financial Impact
Insider sales of $511K represent 0.08% of market cap — modest in absolute terms but notable given director-level selling
Risk Factors
- Director selling may precede disappointing earnings or guidance
- Cross-filing context includes late-filing and offering indicators, amplifying bearish read
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-1778257150384 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | 6-K | $10.56 | awaiting T+5 | — | $9.84 (−6.82%) |
Oct 16, 2026 10d ago | SC 13D/A | $10.90 $9.70 | ▲ +11.01% | ▲ +10.58% | $9.84 (+9.72%) |
Sep 8, 2026 6w ago | Insider Cluster | $15.06 $13.27 | ▲ +11.89% | ▲ +10.79% | $9.84 (+34.66%) |
Sep 8, 2026 6w ago | Insider Cluster | $15.06 $13.27 | ▼ −11.89% | ▼ −11.23% | $9.84 (−34.66%) |
Jun 15, 2026 19w ago | EFFECT | $18.60 $17.66 | ▼ −5.05% | ▼ −3.67% | $9.84 (−47.10%) |
Jun 3, 2026 20w ago | Insider Cluster | $18.45 $18.61 | ▲ +0.87% | ▲ +3.42% | $9.84 (−46.67%) |
Jun 3, 2026 20w ago | Insider Cluster | $18.45 $18.61 | ▲ +0.87% | ▲ +3.42% | $9.84 (−46.67%) |
Jun 2, 2026 20w ago | Insider Cluster | $18.21 $16.78 | ▼ −7.85% | ▼ −4.03% | $9.84 (−45.96%) |
May 28, 2026 21w ago | 6-K | $18.61 $18.21 | ▼ −2.15% | ▼ −2.10% | $9.84 (−47.13%) |
May 20, 2026 22w ago | Insider Cluster | $20.21 $18.57 | ▼ −8.11% | ▼ −9.96% | $9.84 (−51.31%) |
US Market Status
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