Every Form 4 that NETLIST INC (NLST) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow NLST and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NLST filings page.
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. 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 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.
Hong Chun K reported acquisition or exercise transactions in this Form 4 filing.
Netlist Inc reports that President, CEO and Chairman Hong Chun K received a grant of 4,000,000 restricted stock units on July 16, 2026 at $0.0000 per share. The RSUs vest in five annual installments beginning August 15, 2027, with one share delivered per vested unit. Following this award, he holds 12,676,887 Netlist shares directly, including unvested RSUs, and 3,511,177 shares indirectly through the Hong-Cha Property Trust.
SASAKI GAIL M reported acquisition or exercise transactions in this Form 4 filing.
NETLIST INC executive vice president and CFO Gail M. Sasaki received an award of 200,000 shares of common stock in the form of restricted stock units. These RSUs vest over four years, with one quarter of the shares vesting on each anniversary of June 9, 2026, and are delivered upon vesting. Following this grant, Sasaki directly holds 684,594 shares of common stock, a figure that includes shares subject to unvested RSUs.
Cho Jun reported acquisition or exercise transactions in this Form 4 filing.
NETLIST INC director Jun Cho received a grant of 100,000 restricted stock units tied to the company’s common stock. The RSUs vest over four years, with one-quarter vesting on each anniversary of June 9, 2026, and shares delivered upon vesting. Following this award, Cho holds 300,000 shares including unvested RSUs, reflecting routine equity-based compensation rather than an open-market purchase or sale.
NETLIST INC director Blake Welcher received an equity grant of 100,000 shares of common stock in the form of restricted stock units. The award carries a grant/award acquisition price of $0.00 per share and is compensation, not an open-market purchase.
The RSUs vest over four years, with one quarter of the shares vesting on each anniversary of June 9, 2026, and shares delivered upon vesting. Each RSU represents a contingent right to receive one share of common stock. After this grant, Welcher holds 200,000 shares directly, including shares subject to unvested RSUs.
NETLIST INC President, CEO and Chairman Chun K. Hong reported both a large equity award and a modest stock sale. He received a grant of 856,500 restricted stock units (RSUs), with one quarter of the RSUs vesting on each anniversary of June 9, 2026 over four years. Each RSU represents a contingent right to receive one share of common stock upon vesting, and his reported direct holdings include shares subject to unvested RSUs.
On June 8, 2026, he conducted an open-market sale of 40,000 shares of common stock at a weighted average price of $2.7188 per share, with individual trades between $2.51 and $2.81. After these transactions, he directly held 8,676,887 shares of common stock and indirectly held 3,511,177 shares through the Hong-Cha Property Trust.
NETLIST INC EVP and CFO Gail M. Sasaki reported an open-market sale of 8,876 shares of Common Stock at a weighted average price of $2.6264 per share. According to the footnotes, these shares were sold solely to cover tax withholding obligations tied to the vesting of restricted stock units through a "sell to cover" transaction, and the sale is described as non-discretionary.
The shares were sold in multiple trades at prices ranging from $2.5624 to $2.70 per share. After these transactions, Sasaki directly holds 484,594 shares, and this amount includes shares subject to unvested restricted stock units, indicating she retains a substantial equity position in the company.
NETLIST INC executive vice president and CFO Gail M. Sasaki reported an open-market sale of 25,000 shares of common stock at $3.49 per share. The transaction occurred on May 11, 2026 and was executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 12, 2025.
Following this sale, Sasaki directly holds 493,470 shares of Netlist common stock, a figure that includes shares subject to unvested restricted stock units. The filing shows no option exercises or derivative transactions associated with this trade.
NETLIST INC director Jun Cho reported two open-market sales of Common Stock under a pre-planned Rule 10b5-1 trading plan. On April 23, 2026, he sold 10,000 shares at $2.18 per share, and on April 22, 2026 he sold another 10,000 shares at $1.98 per share.
After these transactions, Cho directly holds 200,000 shares of Netlist common stock, including shares subject to unvested restricted stock units. The Rule 10b5-1 plan was adopted on September 12, 2025, indicating these sales were scheduled in advance rather than timed opportunistically.
Netlist Inc. director Blake Welcher reported an open-market sale of 37,500 shares of Common Stock at $2.00 per share. The transaction occurred on April 22, 2026 and was executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 12, 2025.
Following this sale, Welcher directly holds 100,000 shares of Netlist Common Stock, and this reported amount includes shares subject to unvested restricted stock units.
Netlist director Jun Cho sold 10,000 shares of common stock in an open-market transaction at $1.89 per share. After this sale, he directly holds 220,000 shares, which the notes indicate include shares underlying unvested restricted stock units. The transaction was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on September 12, 2025, suggesting it was scheduled in advance rather than timed discretionarily.
NETLIST INC director Blake Welcher reported an open-market sale of 37,500 shares of Common Stock at a weighted average price of $1.66 per share. After this transaction, he directly holds 137,500 shares, which the disclosure notes includes shares subject to unvested restricted stock units.
The sale was carried out under a Rule 10b5-1 trading plan adopted on September 12, 2025, indicating it was pre-scheduled rather than a discretionary trade based on near-term company developments.
NETLIST INC executive vice president and CFO Gail M. Sasaki reported an open-market sale of 20,898 shares of common stock at a weighted average price of $1.50 per share. According to the disclosure, the sale was made solely to cover tax withholding obligations arising from the vesting of restricted stock units and is described as a non-discretionary "sell to cover" transaction. Following this sale, Sasaki directly holds 518,470 shares of NETLIST INC common stock, which the disclosure states includes shares subject to unvested restricted stock units.
NETLIST INC President, CEO and Chairman Chun K Hong reported multiple open-market sales of company common stock. Between March 12 and March 16, he sold a total of 343,995 shares at a weighted average price around $1.50 per share, with some trades executed between $1.50 and $1.53.
Part of the selling was carried out under pre-arranged Rule 10b5-1 trading plans, and a portion was specifically to cover tax withholding obligations tied to vesting restricted stock units, which is more mechanical than discretionary. Following these transactions, Hong holds 7,860,387 shares directly and 3,511,177 shares indirectly through the Hong-Cha Property Trust.
Netlist Inc. insider activity centers on option exercise and planned sales. The company’s President, CEO and Chairman exercised an employee stock option for 300,000 shares of common stock at $0.70 per share, paying a total of $283,248.00 in cash including exercise price and withholding taxes. The option was previously scheduled to expire on 01/18/2026, and no shares were sold or withheld to cover the exercise.
Following this, the insider reported selling 200,000 shares of common stock at $1.00 per share and an additional 50,000 shares at $1.00 per share. These sales were executed under Rule 10b5-1 trading plans adopted on September 12, 2025, one by the reporting person and one by the Hong-Cha Property Trust. After the transactions, the insider reported 8,354,382 shares held directly, including shares underlying unvested restricted stock units, and 3,561,177 shares held indirectly through the Hong-Cha Property Trust.
Netlist, Inc. reported an equity award to its President, CEO and Chairman in a Form 4 filing. On 11/26/2025, the executive acquired 1,000,000 shares of common stock through restricted stock units at a stated price of $0.00 per share. After this grant, the executive beneficially owns 8,054,382 common shares directly and 3,611,177 common shares indirectly through the Hong-Cha Property Trust.
The filing explains that the restricted stock units, or RSUs, vest over four years, with one quarter of the shares vesting on each anniversary of November 15, 2025. Each RSU represents a contingent right to receive one share of Netlist common stock upon vesting, and the shares are delivered as the RSUs vest over time.
Netlist, Inc. reported that one of its directors received an award of 150,000 shares of common stock in the form of restricted stock units on 11/26/2025 at a grant price of $0.00 per share. These RSUs vest over four years, with one quarter of the shares vesting on each anniversary of November 15, 2025, and one RSU converts into one share of common stock when it vests. After this grant, the director beneficially owns 230,000 shares of Netlist common stock, which includes shares subject to unvested RSUs. This filing reflects equity-based compensation that ties part of the director’s ownership to future service and company performance over the vesting period.
Netlist, Inc. reported that its Executive Vice President and Chief Financial Officer, Gail M. Sasaki, received a grant of 200,000 restricted stock units (RSUs) of Netlist common stock on 11/26/2025. These RSUs vest over four years, with one quarter of the shares vesting on each anniversary of November 15, 2025, and one RSU converts into one share of common stock when it vests. Following this award, Sasaki beneficially owns 539,368 shares of Netlist common stock, which includes shares underlying unvested RSUs.
Netlist Inc. reported an equity award to one of its directors. On 11/26/2025, the director acquired 100,000 shares of Netlist common stock in the form of restricted stock units (RSUs) at a price of $0.00 per share, reflecting a stock-based compensation grant rather than a cash purchase.
The RSUs vest over four years, with one quarter of the shares vesting on each anniversary of November 15, 2025, and shares are delivered upon vesting. After this grant, the director beneficially owns 175,000 shares, which includes shares subject to unvested RSUs.