Extreme Networks insider files Form 4 for RSUs and share delivery
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Extreme Networks (EXTR) director Charles Carinalli reported equity transactions on 11/12/2025 on Form 4. The filing shows a grant of 11,767 restricted stock units (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, provided the vesting period is at least 50 weeks.
The filing also records the settlement of 13,354 RSUs into common stock at a price of $0 per share. Following the reported transactions, 380,147 shares of common stock were beneficially owned indirectly by the CARINALLI 1996 LIVING TRUST.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,354 shares exercised/converted
Mixed
3 txns
Insider
Carinalli Charles
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 — 380,147 shares (Indirect, by Trust)
Footnotes (1)
- Shares are held in the CARINALLI 1996 LIVING TRUST U/A DTD 04/24/1996. Charles Carinalli and Connie Sue Carinalli, Trustees. 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).
FAQ
What insider activity did EXTR disclose on Form 4?
A director reported a grant of 11,767 RSUs and the settlement of 13,354 RSUs into common stock on 11/12/2025.
How many RSUs were granted to the EXTR director?
The director received 11,767 RSUs under the 2013 Equity Incentive Plan.
When do the newly granted EXTR RSUs vest?
They vest on the earlier of the one‑year anniversary of grant or the next annual meeting of shareholders, with at least 50 weeks from grant.
What plan governed the RSU grant for EXTR?
The grant was made under the Extreme Networks, Inc. 2013 Equity Incentive Plan.