EXTR Form 4: 11,767 RSUs granted; 13,354 RSUs converted to shares

Rhea-AI Filing Summary

Extreme Networks (EXTR) reported an insider equity update by director John C. Shoemaker. On 11/12/2025, 13,354 previously awarded restricted stock units (RSUs) were settled into common stock at $0, lifting his beneficial ownership to 582,345 shares, held indirectly by a trust.

On the same date, he received a new grant of 11,767 RSUs under the company’s 2013 Equity Incentive Plan. These RSUs vest on the earlier of the one-year anniversary of grant or the next annual meeting of shareholders, with a minimum vesting period of 50 weeks. A footnote notes total holdings include shares in the Shoemaker Living Trust and 7,200 shares held separately by Mr. Shoemaker’s spouse.

Insights

Insider transactions & governance analyst

Routine Form 4: RSU grant and RSU-to-share settlement at $0.

What happened: A director settled 13,354 RSUs into common stock at $0 on 11/12/2025, and received a new grant of 11,767 RSUs under the 2013 plan. The settlement increased indirectly held common shares to 582,345 via a trust.

Why it matters: This reflects standard board compensation mechanics—non-cash RSU settlement and a customary annual RSU grant with vesting on the earlier of one year or the next annual meeting (not less than 50 weeks). No cash proceeds are involved.

What to look for: Subsequent filings may report future vesting or additional grants based on the plan’s schedule and the next annual meeting timing.

Insider Trade Summary

13,354 shares exercised/converted

Mixed 3 txns

Insider Shoemaker John C

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	11,767	$0.00	--
Exercise	Restricted Stock Units	13,354	$0.00	--
Exercise	Common Stock	13,354	$0.00	--

Holdings After Transaction: Restricted Stock Units — 11,767 shares (Direct); Common Stock — 582,345 shares (Indirect, by Trust)

Footnotes (1)

1. Total includes shares held in the Shoemaker Living Trust, DTD 9/22/1992. J & D Shoemaker are Trustees and 7,200 shares that are held separately by Mr. Shoemaker's spouse. Grant of restricted stock units pursuant to the Extreme Networks, Inc. 2013 Equity Incentive Plan. Vests on the earlier of the one year anniversary of the date of grant or the next annual meeting of shareholders (provided that such vesting period may not be less than 50 weeks after grant).

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Shoemaker John C

(Last) (First) (Middle)

2121 RDU CENTER DR.

(Street)

MORRISVILLE NC 27560

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EXTREME NETWORKS INC [ EXTR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/12/2025		M		13,354	A	$0	582,345	I	by Trust(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0	11/12/2025		A		11,767		11/12/2026(2)	11/12/2026(2)	Common Stock	11,767	$0	11,767	D
Restricted Stock Units	$0	11/12/2025		M			13,354	11/12/2025(2)	11/12/2025(2)	Common Stock	13,354	$0	0	D

Explanation of Responses:

1. Total includes shares held in the Shoemaker Living Trust, DTD 9/22/1992. J & D Shoemaker are Trustees and 7,200 shares that are held separately by Mr. Shoemaker's spouse.

2. Grant of restricted stock units pursuant to the Extreme Networks, Inc. 2013 Equity Incentive Plan. Vests on the earlier of the one year anniversary of the date of grant or the next annual meeting of shareholders (provided that such vesting period may not be less than 50 weeks after grant).

	/s/ Katayoun ("Katy") Motiey, Power of Attorney for John C. Shoemaker	11/13/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity did Extreme Networks (EXTR) report?

Director John C. Shoemaker settled 13,354 RSUs into common stock at $0 and received a new grant of 11,767 RSUs on 11/12/2025.

How many RSUs were granted to the EXTR director and when do they vest?

He was granted 11,767 RSUs that vest on the earlier of the one-year anniversary of grant or the next annual meeting, with at least 50 weeks.

How many shares did the EXTR director acquire from RSU settlement?

13,354 common shares were acquired upon RSU settlement at $0 on 11/12/2025.

What is the director’s beneficial ownership after the transactions?

Beneficial ownership is 582,345 common shares held indirectly by a trust.

Under which plan were the RSUs granted at Extreme Networks?

The RSUs were granted under the Extreme Networks, Inc. 2013 Equity Incentive Plan.

Does the filing mention holdings related to the director’s spouse?

A footnote states totals include the Shoemaker Living Trust and 7,200 shares held separately by the director’s spouse.