Welcome to our dedicated page for Netlist SEC filings (Ticker: NLST), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Netlist, Inc. (NLST) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, including current reports on Form 8-K and related amendments. These filings offer structured details on Netlist’s financial results, capital-raising transactions, governance decisions, and material legal or corporate events tied to its advanced memory and storage business.
For NLST, recent Form 8-K filings describe quarterly financial results, including net sales, gross profit, operating expenses such as research and development and intellectual property legal fees, and net loss figures. Other 8-Ks explain material definitive agreements, such as a Securities Purchase Agreement for a registered direct offering of common stock and common stock purchase warrants, along with placement agency agreements, lock-up arrangements, and warrant amendments.
Netlist’s amended Form 8-K (8-K/A) also documents shareholder-approved changes to its capital structure and compensation plans. These include an increase in authorized common shares and the adoption of the Netlist, Inc. 2025 Equity Incentive Plan, as well as voting results from its annual meeting of stockholders. Such filings help investors understand how Netlist manages its equity, governance, and long-term incentive programs.
On Stock Titan, NLST filings are updated as they appear on EDGAR, and AI-powered summaries highlight the key points in each document. Users can quickly see what a particular filing covers, from capital markets activity to changes in authorized shares or new equity plans, without reading every page. This makes it easier to follow how Netlist’s regulatory disclosures relate to its operations in advanced memory technologies and its ongoing intellectual property and financing activities.
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. filed Form 144 reporting proposed sales of Common Stock represented by vested restricted stock units. The notice lists 25,000 shares associated with vested RSUs dated 03/15/2026 and 25,000 shares dated 03/16/2026. The securities are Common stock on the OTCQB market. The filing identifies these as equity compensation-related vested RSUs.
Netlist Inc reports insider dispositions by Chun K Hong. The filing lists vested restricted stock units to be sold on 03/16/2026 totaling 224,750 shares (100,000 and 124,750) and prior sales during the past three months: 01/05/2026 250,000 shares for $250,000; 03/12/2026 55,500 shares for $83,250; and 03/13/2026 194,500 shares for $291,750.
Form 144 notice: A proposed sale of 250,000 shares of Common Stock by Chun K Hong is reported with an execution date of 01/05/2026. The broker listed is Needham and Company, LLC and the filing shows 307,249,351 shares outstanding as of 03/12/2026.
Netlist, Inc. renewed its corporate headquarters lease at 111 Academy, Suite 100, Irvine, California, by entering into a First Amendment to Lease with University Research Park LLC. The amendment extends the lease term through December 31, 2029 with no further renewal option.
Beginning January 1, 2027, the annual base rent will be $27,396.65 per month and will increase by approximately 3% each lease year. The full lease amendment is filed as Exhibit 10.1.
Netlist reported sharply improved results for 2025 while remaining unprofitable. Net sales rose to $75.7 million in the fourth quarter from $34.3 million a year earlier, lifting quarterly gross profit to $6.9 million from $0.3 million.
For the full year, net sales increased to $188.6 million from $147.1 million and gross profit grew to $11.4 million from $2.9 million. The net loss narrowed to $2.2 million in the quarter and $24.8 million for the year, compared with losses of $12.7 million and $53.9 million, helped by lower intellectual property legal fees.
As of December 27, 2025, Netlist held $42.1 million in cash, cash equivalents and restricted cash and total assets of $49.5 million, with a working capital deficit of $6.4 million and stockholders’ deficit of $5.2 million. Management highlighted appellate wins on key patents, expanded enforcement actions around DDR5 and HBM memory technologies, and continued R&D investment in next‑generation products such as MRDIMM and CXL NVDIMM.
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 (NLST) stockholder filed a notice of proposed sale under Rule 144 for 250,000 common shares, to be sold through Needham & Company LLC on the OTCQB market. The filing lists an aggregate market value of $250,000.00 for these shares and states that 307,249,351 shares of the issuer’s stock are outstanding.
The seller’s shares were acquired over time from the issuer, including vested restricted stock units dated 09/07/2020, 03/06/2021, 03/08/2021, and 09/07/2021, as well as founder shares acquired on 08/09/2007. The consideration for the RSU awards is described as equity compensation. By signing, the seller represents they are not aware of undisclosed material adverse information about Netlist.
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.