Gail M. Sasaki, Executive Vice President and CFO of Netlist Inc. (NASDAQ:NLST), sold 8,876 shares of common stock on May 15, 2026. The total value was $23,311.
The shares were sold at a weighted average price of $2.6264 per share. Prices ranged from $2.5624 to $2.70. The sale was to cover tax withholding obligations from vesting restricted stock units, not a discretionary trade.
Netlist shares have surged 238% over the past year but declined 24% in the past week from the previous close of $2.82.
After the sale, Ms. Sasaki directly holds 484,594 shares, including unvested restricted stock units.
According to Bond.az analysis, the stock trades slightly above fair value. Investors can access Netlist's comprehensive Pro Research Report for deeper insights.
In other news, Netlist reported record Q1 2026 revenue of $104.9 million, up 262% year-over-year. EPS of $0.03 beat the forecast of -$0.01. Despite strong earnings, pre-market stock declined.
