Netlist EVP and CFO Gail Sasaki sells $112,250 in company stock By Investing.com

Gail M. Sasaki, Executive Vice President and Chief Financial Officer of Netlist Inc. (), sold shares of the company’s common stock totaling $112,250. The transaction occurred on August 12, 2026, with shares sold at a price of $4.49 each. The stock has since surged, currently trading at $5.88—near its 52-week high of $5.98—with a remarkable 619% gain over the past year.

Ms. Sasaki disposed of 25,000 shares. Following this transaction, Ms. Sasaki beneficially owns 634,594 shares of Netlist common stock. This amount includes shares subject to unvested restricted stock units (RSUs). According to InvestingPro analysis, the stock appears overvalued relative to its Fair Value. For deeper insights, investors can access Netlist’s comprehensive Pro Research Report, available for this and 1,400+ other US equities.

The sale was effected pursuant to a Rule 10b5-1 trading plan, which the reporting person adopted on September 12, 2025.

In other recent news, Netlist Inc. reported second-quarter 2026 revenue of $109.8 million, significantly surpassing Wall Street’s expectations of $79.6 million. This represents a 163% increase from the previous year, highlighting robust demand for the company’s memory products despite a tight supply market. Netlist also reported adjusted earnings of $0.0022 per share, exceeding the forecast of break-even. In addition to its financial performance, Netlist has initiated legal action by filing a complaint with the United States International Trade Commission against Micron and other technology firms over alleged patent infringements. The company seeks exclusion and cease and desist orders against Micron, Supermicro, HPE, and Lenovo. Netlist has also pursued a separate legal case against Micron in the U.S. District Court for the Central District of California regarding two specific patents. These developments reflect Netlist’s proactive approach in protecting its intellectual property rights while capitalizing on strong market demand.

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