Welcome to our dedicated page for NETLIST SEC filings (Ticker: NLST), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Netlist, Inc. reports material-event disclosures through SEC filings covering financial results, headquarters lease obligations, shareholder voting matters, governance actions, and amendments to its Restated Certificate of Incorporation. Recent Forms 8-K and 8-K/A include furnished earnings releases, material definitive agreement disclosures, annual-meeting results, and related corporate-governance updates.
The filings identify Netlist’s common stock, par value $0.001 per share, under the symbol NLST, with no Section 12(b) exchange listing. They also document the company’s status as a reporting issuer, exhibit filings for press releases and agreements, and formal disclosures tied to capital structure, stockholder approvals, and board or compensation matters.
NETLIST INC (NLST) reported an insider transaction by EVP and CFO Gail M. Sasaki. On August 17, 2026, she sold 100,000 shares of common stock in open-market transactions at a weighted average price of $6.9066 per share, with individual trades ranging from $6.90 to $6.93. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on September 12, 2025. Following this transaction, Sasaki directly holds 534,594 shares, which include shares subject to unvested RSUs.
Netlist, Inc. insider Gail M. Sasaki has filed a notice to sell common stock. The filing lists a planned sale of 100,000 shares of common stock of Netlist, Inc. through Needham and Company LLC, with an aggregate value of $690,660.00, to be sold on or after August 17, 2026 on the OTCQB market. The notice also outlines common shares issuable from vested restricted stock units scheduled between January 2025 and May 2026, and reports several prior sales of common stock by Gail M. Sasaki during May and August 2026.
Netlist Inc. executive vice president and chief financial officer Gail M. Sasaki reported a sale of 25,000 shares of common stock on August 12, 2026 at $4.49 per share in an open-market transaction. The sale was effected under a Rule 10b5-1 trading plan adopted on September 12, 2025. Following this transaction, Sasaki directly holds 634,594 shares, which include shares subject to unvested RSUs.
Netlist, Inc. security holder Gail M. Sasaki filed to sell 25,000 shares of common stock through Needham & Company LLC, with an aggregate market value of $112,250.00, identified by CUSIP 349583129, on 08/12/2026 on the OTCQB market. These shares relate to Vested Restricted Stock Units dated 03/16/2025 granted as Equity Compensation. The filing also lists prior sales over the past three months, including 25,000 shares on 05/11/2026 for $87,250.00, 8,876 shares on 05/15/2026 for $23,311.93, and 25,000 shares on 08/05/2026 for $99,750.00.
Netlist, Inc. reported sharply higher sales and a return to profitability for the quarter and six months ended June 27, 2026. Net sales were $109.8 million for the quarter and $214.7 million year‑to‑date, up from $41.7 million and $70.7 million a year earlier, driven mainly by resales of third‑party products and growing modular memory subsystem sales. Six‑month net income was $10.0 million, compared with a $15.6 million loss in 2025, while gross profit rose to $45.3 million.
Despite improved earnings, operations used $18.5 million of cash in the first half, largely due to a buildup of $26.9 million in inventories and a sharp reduction of deferred revenue from $30.6 million to $3.0 million as advance orders shipped. Cash, cash equivalents and restricted cash totaled $40.7 million, with working capital of $22.1 million and stockholders’ equity of $23.2 million, compared with a deficit at year‑end 2025.
Management states it expects liquidity to be sufficient for at least 12 months, supported by existing cash, a $10.0 million SVB credit facility, prior equity raises and warrant exercises, and an anticipated $200 million upfront payment under a Samsung patent cross‑license expected in August 2026. The business remains highly concentrated in a few customers and suppliers and continues to incur substantial intellectual property legal expenses.
Netlist Inc executive vice president and CFO Gail M. Sasaki sold 25,000 shares of common stock at $3.99 per share on August 5, 2026 in an open-market transaction under a Rule 10b5-1 trading plan adopted on September 12, 2025, and now directly holds 659,594 shares, including shares subject to unvested RSUs.
Netlist, Inc. (NLST) has a Form 144 filing for a proposed sale of common stock by reporting person Gail M. Sasaki through broker Needham & Company LLC. The notice covers 25,000 shares of common stock with an aggregate value of $99,750.00, dated 08/05/2026 on the OTCQB market.
The filing also lists equity compensation that vested earlier in 2024, including 675, 9,375, and 14,950 shares from vested restricted stock units on 01/13/2024, 03/06/2024, and 03/18/2024. In the past three months, reported sales include 25,000 shares for $87,250.00 on 05/11/2026 and 8,876 shares for $23,311.93.
Netlist, Inc. entered into a five-year strategic alliance with Samsung centered on a Patent Cross License Agreement, litigation settlement, product supply, and ITC cooperation, effective July 31, 2026. Under the license, Samsung receives worldwide rights to certain Netlist patents and will pay an upfront fee of US$239 million (approximately US$200 million net after Korean withholding taxes), plus quarterly license fees of up to US$32.9 million (approximately US$27.5 million net) for each of 20 quarters, based on a revenue formula and subject to adjustments and refund rights. Samsung’s license is royalty-bearing, while Netlist’s license from Samsung is royalty-free.
A five-year Supply Agreement with Samsung Semiconductor, Inc. allows Netlist to purchase up to US$300 million of DRAM and NAND products annually, for an aggregate maximum of US$1.5 billion over the term. An ITC Cooperation Agreement commits Samsung to provide information, documents, or declarations to support Netlist’s future ITC actions against third parties during the same period. A Settlement and Release Agreement resolves pending legal proceedings between the companies.
To further align interests, Samsung Semiconductor agreed to purchase 10 million Netlist common shares for US$1 million in a private, unregistered sale relying on Section 4(a)(2) of the Securities Act, with a five-year lock-up that releases 20% of the shares on each of the first four anniversaries and the remainder on the fifth. Netlist highlights risks around collecting license payments, securing product under the supply arrangement, completing the equity purchase, and outcomes of other ongoing intellectual property litigation.
Netlist, Inc. plans a 2026 Annual Meeting on September 18, 2026 at UCI Research Park in Irvine, California. Holders of 333,893,680 common shares outstanding at the July 22, 2026 record date may vote on electing three directors and ratifying Macias Gini & O’Connell LLP as auditor. The board recommends voting FOR both proposals and explains how stockholders of record and beneficial owners can vote, change their vote, and how broker non-votes are treated.
The company describes a three-member board with two independent directors, an Audit Committee led by an independent "audit committee financial expert," and no separate nominating or compensation committees, with the full board handling those roles. 2025 executive pay totaled $1,178,384 for CEO Chun K. Hong and $426,154 for CFO Gail Sasaki, largely salary and restricted stock units under the 2025 Equity Incentive Plan and 2026 Performance Equity Plan. Disclosures cover CEO severance terms, equity plan share limits, a 2025 registered offering of 17,142,860 shares at $0.70 plus warrants that raised about $12.0 million, and audit fees of $375,000 paid to MGO in 2025.