Netlist insider files Form 144 to sell 25,000 RSUs

Netlist Inc. reported proposed insider sales via a Form 144 notice, including 25,000 vested Restricted Stock Units listed for sale with an intended sale date of 05/15/2026.

Rhea-AI Filing Summary

Netlist Inc. reported proposed insider sales via a Form 144 notice, including 25,000 vested Restricted Stock Units listed for sale with an intended sale date of 05/15/2026. The filing also records recent dispositions by Gail Sasaki of 20,898 shares on 03/16/2026 and 25,000 shares on 05/11/2026.

Key Figures

Proposed RSUs offered: 25,000 shares Sale on 03/16/2026: 20,898 shares Sale on 05/11/2026: 25,000 shares +1 more

4 metrics

Proposed RSUs offered 25,000 shares Vested Restricted Stock Units, sale date 05/15/2026

Sale on 03/16/2026 20,898 shares Disposition by Gail Sasaki on 03/16/2026

Sale on 05/11/2026 25,000 shares Disposition by Gail Sasaki on 05/11/2026

Intended sale date 05/15/2026 Date tied to proposed RSU sale

Key Terms

Form 144, Restricted Stock Units, Equity Compensation

3 terms

Form 144 regulatory

"reported proposed insider sales via a Form 144 notice"

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.

Restricted Stock Units financial

"25,000 vested Restricted Stock Units listed for sale"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Equity Compensation financial

"Equity Compensation listed as the source for securities"

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.

FAQ

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

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

The filing notifies proposed insider sales of equity, including 25,000 vested RSUs scheduled for 05/15/2026. It also lists prior dispositions by Gail Sasaki of 20,898 shares on 03/16/2026 and 25,000 shares on 05/11/2026.

Who is the reporting person in the NLST Form 144 and what were recent sales?

The filing names Gail Sasaki as a reporting person with recent reported dispositions of 20,898 shares on 03/16/2026 and 25,000 shares on 05/11/2026. The notice also lists a proposed sale of 25,000 vested RSUs.

What security type is being offered for sale in the Netlist filing?

The Form 144 lists Common stock and specifically notes vested Restricted Stock Units (RSUs) totaling 25,000 planned for sale on 05/15/2026. The filing references equity compensation as the source.

Does the Form 144 show completed transactions or proposed sales for NLST?

It shows both: prior completed dispositions by Gail Sasaki on 03/16/2026 and 05/11/2026, and a proposed sale of 25,000 vested RSUs with an intended sale date of 05/15/2026 reported in the notice.

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

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Accepted by SEC EDGAR 05/15/2026 - 10:47 AM EDT 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 10177	8876	23311.93	333317148	05/15/2026	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	05/15/2026	Vested Restricted Stock Units	Netlist Inc.			25000	05/15/2026	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 SASAKI 111 ACADEMY SUITE 100 IRVINE CA 92617	COMMON	03/16/2026	20898	31374.17
GAIL SASAKI 111 ACADEMY SUITE 100 IRVINE CA 92617	COMMON	05/11/2026	25000	87250.00

144: Remarks and Signature

Remarks
Date of Notice	05/15/2026
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 Sasaki
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)