Netlist (NLST) EVP/CFO Gail Sasaki Sells 25,000 Shares

What Happened Gail M. Sasaki, EVP and Chief Financial Officer of Netlist, sold 25,000 shares on August 12, 2026 at $4.49 per share, generating $112,250 in proceeds. This was a sale (not a purchase or exercise) reported on a Form 4 filed August 14, 2026.

Key Details

• Transaction date and price: 2026-08-12, 25,000 shares @ $4.49 each.
• Total value: $112,250.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: (1) Sale effected pursuant to a Rule 10b5-1 trading plan adopted Sept 12, 2025. (2) The ownership amount reported on the Form 4 includes shares subject to unvested RSUs.
• Filing timeliness: Form 4 filed Aug 14, 2026 for an Aug 12 transaction; this appears timely (Form 4 is typically due within two business days).

Context Sales under pre-established Rule 10b5-1 plans are routine and were arranged before the trade date; they generally reduce the informational significance of the sale. Also note the filing’s ownership figures include unvested RSUs, which can overstate immediately transferable holdings. The report is factual and does not indicate management’s future view of the company.