Form 4: MOTIEY KATAYOUN reports multiple insider transactions in EXTR

Rhea-AI Filing Summary

MOTIEY KATAYOUN reported multiple insider transaction types in a Form 4 filing for EXTR. The filing lists transactions totaling 20,093 shares at a weighted average price of $14.46 per share. Following the reported transactions, holdings were 5,210 shares.

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

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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^*

MOTIEY KATAYOUN

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Admin Sust Officer

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		2,604	A	$0	189,495(1)	I	by Trust(2)
Common Stock	02/15/2026		F		1,161(3)	D	$14.46	188,334	I	by Trust(2)
Common Stock	02/15/2026		M		5,611	A	$0	193,945	I	by Trust(2)
Common Stock	02/15/2026		F		2,502(3)	D	$14.46	191,443	I	by Trust(2)

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			2,604	08/15/2024(4)	08/15/2026	Common Stock	2,604	$0	5,210	D
Restricted Stock Units	$0	02/15/2026		M			5,611	08/15/2025(4)	08/15/2027	Common Stock	5,611	$0	33,664	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. Shares are held in The Katayoun Motiey Trust U/A DTD 8/26/2011

3. Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.

4. 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	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).
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FAQ

What insider transactions did EXTR officer Katayoun Motiey report on February 15, 2026?

She reported equity award activity, including RSU conversions to common stock and related tax-withholding share dispositions. The events reflect routine compensation mechanics rather than open-market buying or selling of Extreme Networks shares.

How many Extreme Networks RSUs did Katayoun Motiey convert into common stock?

She converted restricted stock units into 2,604 and 5,611 shares of Extreme Networks common stock. These RSU awards were time-based grants that vest over time from their original grant dates.

Were the EXTR insider share dispositions by Katayoun Motiey open-market sales?

No, the reported share dispositions were tax-withholding transactions. The trust delivered 1,161 and 2,502 shares at $14.46 per share to cover income and payroll withholding taxes on the RSU releases, not discretionary market sales.

How are Katayoun Motiey’s Extreme Networks shares held after these transactions?

The common stock is held indirectly in The Katayoun Motiey Trust U/A DTD 8/26/2011. The filing notes that this trust holds the shares, and the transactions are reported as indirect beneficial ownership by the trust.

What does the footnote about the ESPP mean for EXTR shares held by Katayoun Motiey?

The footnote states that an additional 1,220 shares are included in the reported total, reflecting a non-reportable purchase under Extreme Networks’ Employee Stock Purchase Plan. This ESPP acquisition is context for her overall holdings, not a new reportable transaction.

How do Katayoun Motiey’s RSU awards in EXTR vest over time?

The filing states each time-based RSU award vests one-third on the first anniversary of the original grant date, then one-twelfth of the grant vests each quarter thereafter, creating a regular vesting schedule.