Netlist (NLST) Form 144 lists 37,500 common shares

Netlist Inc submitted a Form 144 reporting proposed dispositions of Common stock.

Accepted by SEC EDGAR 03/17/2026 - 03:26 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Netlist Inc submitted a Form 144 reporting proposed dispositions of Common stock. The filing lists 37,500 under a securities line and additional numeric entries 62,358.75 and 307,249,351, with the filing date 03/17/2026 and market designation OTCQB. The notice also records vested restricted stock units: 25,000 vested on 08/10/2023 and 12,500 vested on 08/12/2024, both labeled as equity compensation.

Insights

Securities Counsel

Form 144 lists proposed dispositions of Common stock and shows vested RSUs.

The filing identifies a proposed disposition entry of 37,500 Common shares and includes numeric lines 62,358.75 and 307,249,351; the meaning of those additional figures is not explicitly labeled in the excerpt. The filing date is 03/17/2026 and the securities are listed on OTCQB.

Two vested restricted stock unit entries appear: 25,000 (vested 08/10/2023) and 12,500 (vested 08/12/2024), both described as Equity Compensation. Cash‑flow treatment and the identity of the selling holder are not shown in the provided excerpt.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Netlist (NLST) Form 144 report show?

It reports proposed dispositions of Common stock, including a line for 37,500 shares. The excerpt also shows numeric entries 62,358.75 and 307,249,351 and lists the market as OTCQB.

Are there vested restricted stock units disclosed in the filing for NLST?

Yes. The filing lists 25,000 RSUs vested on 08/10/2023 and 12,500 RSUs vested on 08/12/2024Equity Compensation.

Does the excerpt state who will receive proceeds from any sale?

No. The provided excerpt does not state who receives proceeds or any use of proceeds. The filing shows numeric lines and vesting entries but not cash‑flow recipients.

What is the filing date and market designation shown for NLST?

The filing date is 03/17/2026 and the securities are identified with the market designation OTCQB in the excerpt.

Do the numeric entries 62,358.75 and 307,249,351 represent shares outstanding?

The excerpt lists those numbers but does not explicitly label them as shares outstanding. Their precise meaning is not defined in the provided content.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001248685
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	NETLIST INC
SEC File Number	001-33170
Address of Issuer	111 ACADEMY, SUITE 100 IRVINE CALIFORNIA 92617
Phone	949-435-0025
Name of Person for Whose Account the Securities are To Be Sold	WELCHER BLAKE
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Needham and Company LLC 250 Park Avenue, 10th Floor New York NY 10017	37500	62358.75	307249351	03/17/2026	OTCQB

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/10/2023	Vested Restricted Stock Units	Netlist Inc			25000	08/10/2023	Equity Compensation
Common	08/10/2024	Vested Restricted Stock Units	Netlist Inc			12500	08/12/2024	Equity Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	03/17/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	09/12/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/Needham and Company LLC, on behalf of Blake Welcher
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)