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Extreme Networks (NASDAQ: EXTR) officer to sell 21,825 shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

EXTREME NETWORKS INC (EXTR) is the issuer for which officer Kevin Rhodes has filed a notice of proposed sales of common stock under Rule 144. The notice covers 21,825 shares of common stock held at Fidelity Brokerage Services LLC, with an aggregate market value of $486,697.50, to be sold on or about 08/21/2026 on NASDAQ. The filing indicates these shares were acquired from the issuer on 08/15/2025 through RSU awards. The issuer had 130,490,653 shares of common stock outstanding as of the filing’s reference. Over the past three months, Kevin Rhodes has already sold 35,000 shares of EXTR common stock on 06/11/2026 for total proceeds of $1,059,450.00. The notice is signed by Audrey Skillern as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Kevin Rhodes.

Positive

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Negative

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Shares to be sold under Rule 144 21,825 shares Common stock proposed for sale by Kevin Rhodes
Aggregate market value of proposed sale $486,697.50 Market value of 21,825 EXTR shares covered by the notice
Shares outstanding 130,490,653 shares EXTREME NETWORKS INC common stock outstanding as referenced
Shares sold in past 3 months 35,000 shares Common stock sold by Kevin Rhodes on 06/11/2026
Proceeds from recent sale $1,059,450.00 Total consideration for 35,000 EXTR shares sold on 06/11/2026
Proposed sale date 08/21/2026 Date for proposed Rule 144 sale of 21,825 shares
RSU acquisition date 08/15/2025 Date shares to be sold were acquired via RSU from issuer
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.
restricted stock unit financial
"Common | 08/15/2025 | RSU | Issuer | | | 21825"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What does the Form 144 filing report for EXTREME NETWORKS INC (EXTR)?

The filing reports that officer Kevin Rhodes plans to sell 21,825 shares of EXTREME NETWORKS INC common stock under Rule 144, with an aggregate market value of $486,697.50, through Fidelity Brokerage Services LLC on or about 08/21/2026 on NASDAQ.

How many EXTR shares has Kevin Rhodes sold recently according to this Form 144?

The filing states that Kevin Rhodes sold 35,000 shares of EXTREME NETWORKS INC common stock on 06/11/2026, generating total proceeds of $1,059,450.00 during the past three months.

How many EXTR shares are covered by the proposed Rule 144 sale?

The proposed sale covers 21,825 shares of EXTREME NETWORKS INC common stock, held at Fidelity Brokerage Services LLC, with an aggregate market value of $486,697.50 as referenced in the filing.

What is the stated share count outstanding for EXTREME NETWORKS INC (EXTR)?

The filing lists that EXTREME NETWORKS INC had 130,490,653 shares of common stock outstanding, providing context for the size of the proposed and recent sales relative to the total share base.

How were the EXTR shares to be sold by Kevin Rhodes acquired?

The filing states that the 21,825 shares to be sold were acquired from EXTREME NETWORKS INC on 08/15/2025 via RSU (restricted stock unit) awards, identified as the nature of acquisition.

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