Netlist, Inc. reports material-event disclosures through SEC filings covering financial results, headquarters lease obligations, shareholder voting matters, governance actions, and amendments to its Restated Certificate of Incorporation. Recent Forms 8-K and 8-K/A include furnished earnings releases, material definitive agreement disclosures, annual-meeting results, and related corporate-governance updates.
The filings identify Netlist’s common stock, par value $0.001 per share, under the symbol NLST, with no Section 12(b) exchange listing. They also document the company’s status as a reporting issuer, exhibit filings for press releases and agreements, and formal disclosures tied to capital structure, stockholder approvals, and board or compensation matters.
Netlist, Inc. plans a 2026 Annual Meeting on September 18, 2026 at UCI Research Park in Irvine, California. Holders of 333,893,680 common shares outstanding at the July 22, 2026 record date may vote on electing three directors and ratifying Macias Gini & O’Connell LLP as auditor. The board recommends voting FOR both proposals and explains how stockholders of record and beneficial owners can vote, change their vote, and how broker non-votes are treated.
The company describes a three-member board with two independent directors, an Audit Committee led by an independent "audit committee financial expert," and no separate nominating or compensation committees, with the full board handling those roles. 2025 executive pay totaled $1,178,384 for CEO Chun K. Hong and $426,154 for CFO Gail Sasaki, largely salary and restricted stock units under the 2025 Equity Incentive Plan and 2026 Performance Equity Plan. Disclosures cover CEO severance terms, equity plan share limits, a 2025 registered offering of 17,142,860 shares at $0.70 plus warrants that raised about $12.0 million, and audit fees of $375,000 paid to MGO in 2025.
Netlist, Inc. reported much stronger results for the six months ended June 27, 2026. Net sales were $214.7 million, compared to $70.7 million a year earlier, and gross profit increased to $45.3 million from $2.7 million.
The company generated net income of $10.0 million, or $0.03 per share, versus a net loss of $(15.6) million, or $(0.06) per share, in the prior-year period. These figures include $1.8 million of stock-based compensation expense, down from $2.0 million a year earlier.
On the balance sheet, cash and cash equivalents were $30,655 thousand, restricted cash was $10,000 thousand, and total assets reached $73,313 thousand as of June 27, 2026. Stockholders’ equity improved to $23,183 thousand from a deficit of $(5,203) thousand at December 27, 2025, while management emphasized revenue growth, improved profitability, and ongoing investment in AI memory technologies.
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.
Netlist, Inc. adopted a new 2026 Performance Equity Plan that authorizes the company to grant stock options, restricted and unrestricted stock, and other stock-based awards to employees, consultants, and directors. The plan reserves 33,600,000 shares of common stock, par value $0.001 per share, for future equity awards.
The board of directors approved the plan without stockholder approval and intends to grant performance-based awards to executive officers, including one or more named executive officers, as incentive compensation. Detailed terms of the plan and the related restricted stock unit agreement are provided in the attached exhibits.
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. (NLST) submitted a Form 144 notice listing proposed resale of restricted-equity shares and reporting three recent share sales by an identified holder. The filing lists vested Restricted Stock Units dated 08/11/2022, 09/06/2022, and 09/07/2022 with quantities 12,318, 24,532, and 3,150 respectively. The filing also records three transactions by CHUN K HONG on 03/12/2026 (55,500 shares, $83,250.00), 03/13/2026 (194,500 shares, $291,750.00), and 03/16/2026 (93,995 shares, $141,077.10), and identifies Needham and Company, LLC with a figure of 40,000 under the securities-to-be-sold line.