STOCK TITAN

Edward Meyercord (EXTR) reports 10b5-1 sales and 50,000-option exercise

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Edward Meyercord submitted a Form 144 disclosing planned and recent transactions in company common stock. The filing records an exercise of stock options for 50,000 shares and lists 75,427 restricted stock units tied to a 05/24/2019 award. The filing also reports multiple 10b5-1 sales between 05/01/2026 and 06/02/2026, including sales of 100,000, 50,000, and other tranches.

Positive

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Negative

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Insights

Form 144 shows option exercise plus automated 10b5-1 sales across May–June 2026.

The filing documents an exercise of 50,000 stock options and lists 75,427 RSUs from 05/24/2019. It separately itemizes multiple 10b5-1 sales on 05/01/2026, 05/04/2026, 05/05/2026, 05/26/2026, 06/01/2026, and 06/02/2026.

Cash treatment and net proceeds for the option exercise are stated as Cash for the exercise method; the sales were executed under a Rule 10b5-1 plan as disclosed. Subsequent filings may provide updated post-transaction holdings.

Option exercise 50,000 shares Exercise of stock options on <date>07/01/2026</date>
Restricted Stock Units 75,427 shares RSU award dated <date>05/24/2019</date>
10b5-1 sale (sample) 100,000 shares Sale on <date>06/02/2026</date> for <money>$2,919,470.00</money>
10b5-1 sale (sample) 50,000 shares Sale on <date>06/01/2026</date> for <money>$1,382,135.00</money>
10b5-1 regulatory
"10b5-1 Sales for EDWARD MEYERCORD 2121 RDU Center Drive"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Restricted Stock Units financial
"Restricted Stock Units | Issuer | 75,427 | 05/24/2019"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Exercise of Stock Options financial
"Securities To Be Sold | 07/01/2026 | Exercise of Stock Options | 50,000"
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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What did Edward Meyercord file in Form 144 for EXTR?

He reported an exercise of 50,000 stock options and disclosed 75,427 restricted stock units tied to a 05/24/2019 award. The filing also lists multiple 10b5-1 sales across May–June 2026.

How many shares were sold under 10b5-1 sales in the filing?

The filing lists several 10b5-1 tranches including 100,000, 50,000, 100,000, 21,209, 78,791, and 50,000 on specified May–June 2026 dates. Each line shows the number of shares and gross proceeds.

Are the proceeds from the sales shown in the Form 144?

Yes. Each 10b5-1 sale row shows gross proceeds for that tranche, for example $2,919,470.00 for 06/02/2026 and $1,382,135.00 for 06/01/2026, as listed in the filing.

Was the option exercise paid in cash or net-share settlement?

The filing indicates the exercise method as Cash for the 50,000 options exercised on 07/01/2026, as shown in the securities-to-be-sold section.