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Extreme Networks officer lists $2.15M share sale

The shares designated for sale were acquired through restricted stock unit vesting from May 24, 2019, through November 15, 2024.

(Neutral)

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Form Type
144

Rhea-AI Filing Summary

Extreme Networks, Inc. (EXTR) lists 100,000 common shares for sale by Edward Meyercord, a director and officer, at an aggregate market value of $2,145,000.00. Morgan Stanley Smith Barney LLC is named in the broker field.

The prior-three-month sales section records two 10b5-1 sales: 50,000 shares on September 1, 2026, for $1,094,920.00, and 50,000 shares on August 3, 2026, for $1,489,262.88. The shares designated for sale were acquired upon vesting of restricted stock units from May 24, 2019, through November 15, 2024.

Common shares listed for sale 100,000 shares Sale listed for October 1, 2026
Aggregate market value $2,145,000.00 Shares listed for sale
Shares sold 50,000 shares 10b5-1 sale on September 1, 2026
Sale value $1,094,920.00 10b5-1 sale on September 1, 2026
Shares sold 50,000 shares 10b5-1 sale on August 3, 2026
Sale value $1,489,262.88 10b5-1 sale on August 3, 2026
restricted stock units financial
"acquired upon the vesting of restricted stock units"
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.
10b5-1 Sales regulatory
"10b5-1 Sales for EDWARD MEYERCORD"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many EXTR shares is Edward Meyercord listing for sale?

Edward Meyercord, a director and officer, lists 100,000 common shares for sale at an aggregate market value of $2,145,000.00.

What recent EXTR share sales by Edward Meyercord are reported?

Two 10b5-1 sales are listed for the prior three months: 50,000 shares on September 1, 2026, for $1,094,920.00, and 50,000 shares on August 3, 2026, for $1,489,262.88.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

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