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Form 4: MEYERCORD EDWARD reports multiple insider transactions in EXTR

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MEYERCORD EDWARD reported multiple insider transaction types in a Form 4 filing for EXTR. The filing lists transactions totaling 97,216 shares at a weighted average price of $14.46 per share. Following the reported transactions, holdings were 23,442 shares.

Positive

  • None.

Negative

  • None.
Insider MEYERCORD EDWARD
Role PRESIDENT AND CEO
Type Security Shares Price Value
Exercise Restricted Stock Units 11,721 $0.00 --
Exercise Restricted Stock Units 28,895 $0.00 --
Exercise Common Stock 11,721 $0.00 --
Tax Withholding Common Stock 4,613 $14.46 $67K
Exercise Common Stock 28,895 $0.00 --
Tax Withholding Common Stock 11,371 $14.46 $164K
Holdings After Transaction: Restricted Stock Units — 23,442 shares (Direct); Common Stock — 1,884,359 shares (Direct)
Footnotes (1)
  1. An additional 1,220 shares are included in this total, reflecting non-reportable purchase of 1,220 shares in connection with the Company's Employee Stock Purchase Plan (ESPP). Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release. This Time-based RSU award vests from the original grant date as to 1/3 on the one year anniversary and 1/12 each quarter thereafter.
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*
MEYERCORD EDWARD
(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
X Officer (give title below) Other (specify below)
PRESIDENT AND CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/15/2026
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 02/15/2026 M 11,721 A $0 1,884,359(1) D
Common Stock 02/15/2026 F 4,613(2) D $14.46 1,879,746 D
Common Stock 02/15/2026 M 28,895 A $0 1,908,641 D
Common Stock 02/15/2026 F 11,371(2) D $14.46 1,897,270 D
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 02/15/2026 M 11,721 08/15/2024(3) 08/15/2026 Common Stock 11,721 $0 23,442 D
Restricted Stock Units $0 02/15/2026 M 28,895 08/15/2025(3) 08/15/2027 Common Stock 28,895 $0 173,370 D
Explanation of Responses:
1. An additional 1,220 shares are included in this total, reflecting non-reportable purchase of 1,220 shares in connection with the Company's Employee Stock Purchase Plan (ESPP).
2. Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.
3. This Time-based RSU award vests from the original grant date as to 1/3 on the one year anniversary and 1/12 each quarter thereafter.
/s/ Katayoun ("Katy") Motiey, Power of Attorney for Ed Meyercord 02/17/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did EXTR CEO Edward Meyercord report on February 15, 2026?

Edward Meyercord reported RSU vesting and related share movements on February 15, 2026. He converted 11,721 and 28,895 RSUs into common stock at $0 per share and had shares withheld to satisfy tax obligations on the released awards.

How many Extreme Networks (EXTR) shares does the CEO own after these Form 4 transactions?

After the reported transactions, Edward Meyercord directly owned 1,897,270 shares of Extreme Networks common stock. This total includes an additional 1,220 shares acquired through the company’s Employee Stock Purchase Plan, as disclosed in the filing’s explanatory footnotes.

Were any of the EXTR CEO’s February 2026 transactions open-market sales?

The filing shows no open-market sales. Code F transactions for 4,613 and 11,371 shares represent shares withheld at $14.46 to pay income and payroll taxes due on RSU releases, described as tax-withholding dispositions rather than discretionary market sales.

What RSU awards remain outstanding for the EXTR CEO after these transactions?

After the reported vesting events, Edward Meyercord held 23,442 and 173,370 restricted stock units. The time-based RSU awards vest one-third on the first anniversary of the original grant date and one-twelfth each quarter thereafter, according to the footnote description.

How were the Extreme Networks (EXTR) RSU tax obligations satisfied in this Form 4?

Tax obligations were satisfied by share withholding. The filing states that 4,613 and 11,371 shares of common stock were withheld from the released awards at $14.46 per share to cover applicable income and payroll withholding taxes due upon RSU release.