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Gail M. Sasaki, Executive Vice President and Chief Financial Officer of Netlist Inc. (NASDAQ:OTC:NLST), a company with a market capitalization of $195 million and currently showing weak financial health according to InvestingPro metrics, recently sold 10,430 shares of the company’s common stock. The transaction, executed on May 15, 2025, amounted to a total value of approximately $7,466. The shares were sold at a weighted average price of $0.7159, with prices ranging from $0.7122 to $0.72 per share, near the stock’s 52-week low of $0.63. Despite challenging market conditions reflected in the company’s -$0.18 earnings per share, Netlist has achieved impressive revenue growth of 46% in the last twelve months. Following the sale, Sasaki holds 339,368 shares, which include shares subject to unvested restricted stock units. The sale was conducted to cover tax withholding obligations related to the vesting of restricted stock units and was not a discretionary transaction by the executive. For deeper insights into insider trading patterns and comprehensive financial analysis, explore InvestingPro’s detailed research reports.
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