"" Netlist Inc. Executive Vice President and Chief Financial Officer Gail M. Sasaki sold 100,000 shares of the company's common stock on August 17, 2026, worth $690,660. The shares were sold at prices ranging from $6.90 to $6.93 per share.
The sale was effected pursuant to a Rule 10b5-1 trading plan, which Ms. Sasaki adopted on September 12, 2025. This insider sale comes as Netlist shares have surged over 630% in the past year, currently trading at $6.14, near its 52-week high of $7.00.
Following this transaction, Ms. Sasaki directly holds 534,594 shares of Netlist common stock, an amount that includes shares subject to unvested restricted stock units.
In other recent news, Netlist Inc. reported its second-quarter 2026 financial results, surpassing Wall Street expectations. The company achieved revenue of $109.8 million, significantly higher than the anticipated $79.6 million, marking a 163% increase from the previous year. Netlist also posted adjusted earnings of $0.0022 per share, exceeding the break-even forecast.
These results highlight strong demand for memory products amidst tight supply conditions. Additionally, Netlist has filed a complaint with the United States International Trade Commission against Micron and other technology companies for alleged patent infringement. The company is seeking exclusion and cease and desist orders in connection with four of its patents. A separate legal action has also been initiated against Micron in the U.S. District Court for the Central District of California.
