Netlist insider plans 25,000-share stock sale

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.

Rhea-AI Filing Summary

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.

Key Figures

Proposed shares to be sold: 25,000 shares Aggregate value of proposed sale: $99,750.00 Recent sale 1: 25,000 shares for $87,250.00 +4 more

7 metrics

Proposed shares to be sold 25,000 shares Common stock covered by Form 144 with Needham & Company LLC, dated 08/05/2026

Aggregate value of proposed sale $99,750.00 Aggregate market value for 25,000 Netlist common shares in Form 144

Recent sale 1 25,000 shares for $87,250.00 Common stock sold on 05/11/2026 by Gail M. Sasaki

Recent sale 2 8,876 shares for $23,311.93 Common stock sold on 05/15/2026 by Gail M. Sasaki

Vested RSUs 01/13/2024 675 shares Vested Restricted Stock Units identified as Equity Compensation

Vested RSUs 03/06/2024 9,375 shares Vested Restricted Stock Units identified as Equity Compensation

Vested RSUs 03/18/2024 14,950 shares Vested Restricted Stock Units identified as Equity Compensation

Key Terms

Form 144, Vested Restricted Stock Units, Equity Compensation, OTCQB

4 terms

Form 144 regulatory

"Netlist, Inc. has a Form 144 filing for a proposed sale of common stock"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Vested Restricted Stock Units financial

"Vested Restricted Stock Units | Netlist, Inc | | | 675 | 01/13/2024"

Equity Compensation financial

"675 | 01/13/2024 | Equity Compensation Common | 03/06/2024"

Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

OTCQB market

"333317148 | 08/05/2026 | OTCQB"

OTCQB is a tier of the over‑the‑counter (OTC) market where smaller or developing companies list their shares for trading without being on a major stock exchange. Think of it like a well‑kept side street market: companies must meet basic reporting and transparency checks so investors get more information than the lowest OTC tier, but trading is usually less liquid and riskier than on big exchanges. Investors care because OTCQB listings can offer early access to growth stories but come with higher price swings and greater chance of limited resale options.

FAQ

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

What stock sale is reported for Netlist (NLST) in this Form 144?

The Form 144 reports a proposed sale of 25,000 shares of Netlist common stock with an aggregate value of $99,750.00, to be handled by Needham & Company LLC and dated 08/05/2026 on the OTCQB market.

Who is the reporting person in the Netlist (NLST) Form 144 filing?

The reporting person is Gail M. Sasaki, with an address in Irvine, California. The filing covers her planned and recent sales of Netlist common stock and references previously vested restricted stock units as the source of shares.

What Netlist (NLST) shares did Gail M. Sasaki sell in the past 3 months?

In the past three months, Gail M. Sasaki reported selling 25,000 shares of Netlist common stock for $87,250.00 on 05/11/2026 and 8,876 shares for $23,311.93 on 05/15/2026, according to the Form 144 disclosure.

What equity compensation is referenced for Netlist (NLST) in this filing?

The filing lists vested restricted stock units in Netlist common stock as equity compensation: 675 shares vested on 01/13/2024, 9,375 shares on 03/06/2024, and 14,950 shares on 03/18/2024. These grants are identified as Equity Compensation.

Which broker is handling the proposed Netlist (NLST) stock sale?

The proposed sale of 25,000 Netlist common shares with an aggregate value of $99,750.00 is listed under Needham & Company LLC, located at 250 Park Avenue, 10th Floor, New York, NY 10017, as the broker facilitating the transaction.

On which market is the Netlist (NLST) stock in this Form 144 listed?

The common stock referenced in the Form 144 is indicated as trading on the OTCQB market. The proposed sale relates to Netlist common shares with an aggregate value of $99,750.00 dated 08/05/2026.

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Available on EDGAR 08/05/2026 - 08:58 PM Accepted by SEC EDGAR 08/05/2026 - 08:58 PM Learn about SEC filing dates

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	0001422990
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	SASAKI GAIL M
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	Officer

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	25000	99750.00	333317148	08/05/2026	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	01/13/2024	Vested Restricted Stock Units	Netlist, Inc			675	01/13/2024	Equity Compensation
Common	03/06/2024	Vested Restricted Stock Units	Netlist, Inc			9375	03/06/2024	Equity Compensation
Common	03/18/2024	Vested Restricted Stock Units	Netlist, Inc			14950	03/18/2024	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Gail M Sasaki 111 ACADEMY 111 ACADEMY IRVINE CA 92617	Common	05/11/2026	25000	87250.00
GAIL M SASAKI 111 ACADEMY SUITE 100 IRVINE CA 92617	Common	05/15/2026	8876	23311.93

144: Remarks and Signature

Remarks
Date of Notice	08/05/2026
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 Gail M Sasaki
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)