STOCK TITAN

Extreme Networks Executive to Sell 25,000 Shares from Vested RSUs

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

Rhea-AI Filing Summary

A Form 144 has been filed for Extreme Networks indicating a proposed sale of 25,000 shares of common stock with an aggregate market value of $430,000. The sale is planned to be executed through The Charles Schwab Corporation on the NASDAQ exchange, with an approximate sale date of June 23, 2025.

The securities to be sold were originally acquired on December 1, 2016, through vested RSUs from the issuer. The current total shares outstanding for the company is 133,167,692.

Key details:

  • Share Price Implied: ~$17.20 per share ($430,000/25,000 shares)
  • Sale represents approximately 0.019% of total shares outstanding
  • No other securities were reported as sold by the filer during the past 3 months
  • Transaction is being executed under SEC Rule 144, which governs the sale of restricted or control securities

Positive

  • None.

Negative

  • Insider plans to sell 25,000 shares worth $430,000 on NASDAQ, though this represents only about 0.019% of total outstanding shares

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

How many shares of EXTR stock are being sold according to the Form 144 filing from June 2025?

According to the Form 144 filing, 25,000 shares of EXTR common stock are proposed to be sold through The Charles Schwab Corporation.

What is the aggregate market value of EXTR shares being sold in this Form 144?

The aggregate market value of the EXTR shares proposed to be sold is $430,000.00, based on the Form 144 filing from June 2025.

When did the EXTR insider acquire these shares being sold?

The shares were acquired on December 1, 2016 through vested RSUs (Restricted Stock Units) from the issuer.

What is the total number of EXTR shares outstanding according to this Form 144?

According to the Form 144 filing, Extreme Networks has 133,167,692 shares outstanding.

When is the approximate date of sale for these EXTR shares?

The Form 144 indicates that the approximate date of sale for these shares is June 23, 2025.