Traders should monitor for potential downward pressure on NLST shares, especially given the concentrated selling by the CEO and CFO. Consider whether this reflects personal liquidity needs or a lack of confidence in near-term prospects. Check for upcoming earnings, cash burn, or financing needs.
Price Chart
Executive Summary
Netlist Inc. (NLST) insiders, including CEO Hong Chun K and CFO Gail M Sasaki, sold a total of $472,339 in open-market transactions over the past week. The CEO accounted for nearly 94% of the total value, with three separate sales at $1.50 per share. This represents material insider selling by top executives.
Key Financial Metrics
Key Facts
- CEO Hong Chun K sold 294,045 shares for $440,992 in three open-market transactions over three days.
- CFO Gail M Sasaki sold 20,898 shares for $31,347 in a single open-market transaction.
- All transactions were open-market sales (Form 4 code 'S') at $1.50 per share.
- Total insider selling in the cluster: $472,339 over 7 days.
- No purchases or non-cash transactions (e.g., A, F, M) were reported in this cluster.
Financial Impact
$472,339 in insider selling over 7 days, all by corporate officers
Risk Factors
- Perception of insider pessimism due to top executives selling significant stakes.
- Potential for follow-on selling or dilutive financing if insiders are exiting ahead of negative news.
- OTC listing increases volatility and reduces liquidity, amplifying impact of insider moves.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (4 trades, 7d window) | cluster-NLST-1773708285219 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 5, 2026 8w ago | 8-K | $4.05 $5.15 | ▲ +27.16% | ▲ +27.76% | $5.67 (+40.00%) |
Jul 30, 2026 9w ago | 8-K | $2.38 $6.09 | ▲ +155.88% | ▲ +151.92% | $5.67 (+138.24%) |
May 12, 2026 20w ago | 8-K | $3.02 $2.58 | ▼ −14.57% | ▼ −12.84% | $5.67 (+87.75%) |
Apr 22, 2026 23w ago | 144 | $2.10 $2.50 | ▲ +19.05% | ▲ +15.88% | $5.67 (+170.00%) |
Apr 22, 2026 23w ago | Insider Cluster | $2.18 $2.98 | ▲ +36.70% | ▲ +31.74% | $5.67 (+160.09%) |
Mar 16, 2026 28w ago | Insider Cluster | $1.63 $1.78 | ▼ −9.20% | ▼ −1.58% | $5.67 (−247.85%) |
Mar 16, 2026 28w ago | Insider Cluster | $1.60 $1.71 | ▼ −6.88% | ▼ −2.57% | $5.67 (−254.38%) |
US Market Status
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