Insider sale: Netlist (NLST) reports 10,000-share disposition

Rhea-AI Filing Summary

Netlist, Inc. reported an insider sale notice under Rule 144 for 10,000 shares of Common Stock. The filing shows the securities were vested restricted stock units with a vesting date of 08/12/2024, and a disclosed sale on 03/25/2026 for $18,900.00. The form entry is dated 04/22/2026 and lists brokerage details on OTCQB.

Key Figures

Shares sold: 10,000 shares Proceeds: $18,900.00 Vesting date: 08/12/2024 +2 more

5 metrics

Shares sold 10,000 shares sale dated 03/25/2026

Proceeds $18,900.00 amount shown for the 10,000-share sale

Vesting date 08/12/2024 Vested Restricted Stock Units origin

Form date 04/22/2026 Form 144 entry date

Exchange tier OTCQB security listing tier shown in filing

Key Terms

Form 144, Vested Restricted Stock Units, OTCQB

3 terms

Form 144 regulatory

"reported an insider sale notice under Rule 144"

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 with a vesting date of 08/12/2024"

OTCQB market

"the form entry is dated 04/22/2026 and lists brokerage details on 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.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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 101777	10000	19800.00	316515344	04/22/2026	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	08/12/2024	Vested Restricted Stock Units	Netlist, Inc			10000	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Cho Jun 111 Academy Suite 100 Irvine CA 92617	Common	03/25/2026	10000	18900.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did Netlist (NLST) disclose in the Form 144?

The Form 144 reports an insider sale of 10,000 shares of Common Stock. The filing lists a sale date of 03/25/2026 and proceeds shown as $18,900.00, with the form entry dated 04/22/2026.

Who is the reporting person on the NLST Form 144 and how many shares sold?

The filing names Cho Jun at an Irvine, CA address as the reporting person. The entry shows a sale of 10,000 shares of Common Stock reported on the Form 144.

Were the sold shares from an equity award or open-market holdings for NLST?

The filing indicates the shares originated from Vested Restricted Stock Units with a vesting date of 08/12/2024, identifying the disposition as equity compensation proceeds rather than newly issued shares.

What proceeds or price are shown for the NLST sale on Form 144?

The Form 144 shows total proceeds of $18,900.00 for the 10,000 shares sold, implying an average of $1.89 per share as reported in the filing.

Does the NLST Form 144 specify the broker or market used for the sale?

The filing lists brokerage information associated with Needham and Company LLC and references OTCQB in the securities section, indicating broker-assisted handling and the company’s trading tier.