Extreme Networks adds Ron Pasek to board
Extreme Networks, Inc. appointed Ron Pasek to its Board of Directors, effective January 5, 2026.
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Rhea-AI Filing Summary
Extreme Networks, Inc. appointed Ron Pasek to its Board of Directors, effective January 5, 2026. This expands the company’s board with a new non-employee director who will receive the same standard cash and equity compensation as other outside directors.
Mr. Pasek will receive a pro rata portion of the $110,000 annual board retainer and, if he serves on committees, a pro rata portion of annual fees of $12,500 for the Audit Committee, $10,000 for the Compensation Committee, or $5,000 for the Nominating and Corporate Governance Committee. Upon appointment, he received a restricted stock unit award for 11,075 shares under the 2013 Equity Incentive Plan, vesting at the earlier of the next annual stockholder meeting or November 12, 2026, and accelerating upon certain changes in control or ownership. He also entered into the company’s standard director indemnification agreement.
8-K Event Classification
FAQ
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What did Extreme Networks (EXTR) announce in this 8-K filing?
What compensation will Ron Pasek receive as an Extreme Networks (EXTR) director?
What equity award did Extreme Networks (EXTR) grant to Ron Pasek?
When will Ron Pasek’s restricted stock units at Extreme Networks vest?
Are there any special arrangements behind Ron Pasek’s appointment to Extreme Networks’ board?
Does Ron Pasek have an indemnification agreement with Extreme Networks (EXTR)?
AI-generated analysis. How Rhea-AI works. Not financial advice.