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[Form 4] EXTREME NETWORKS INC Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Extreme Networks Inc. (EXTR) reported equity award activity for officer Katayoun ("Katy") Motiey, whose shares are held through The Katayoun Motiey Trust. On 11/15/2025, time-based restricted stock units (RSUs) for 2,605 and 5,610 shares of common stock were exercised at an exercise price of $0, reflecting vesting of prior equity grants. To cover income and payroll tax withholding on the released shares, the trust disposed of 1,292 and 2,782 shares at a price of $17.64 per share. Following these transactions, the trust beneficially owns 185,671 shares of Extreme Networks common stock.

Positive
  • None.
Negative
  • None.
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*
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)
11/15/2025
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 11/15/2025 M 2,605 A $0 184,135 I by Trust(1)
Common Stock 11/15/2025 F 1,292(2) D $17.64 182,843 I by Trust(1)
Common Stock 11/15/2025 M 5,610 A $0 188,453 I by Trust(1)
Common Stock 11/15/2025 F 2,782(2) D $17.64 185,671 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 11/15/2025 M 2,605 08/15/2024(3) 08/15/2026 Common Stock 2,605 $0 7,814 D
Restricted Stock Units $0 11/15/2025 M 5,610 08/15/2025(3) 08/15/2027 Common Stock 5,610 $0 39,275 D
Explanation of Responses:
1. Shares are held in The Katayoun Motiey Trust U/A DTD 8/26/2011
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 11/17/2025
** 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 transaction did EXTR report for Katayoun Motiey?

The report shows that officer Katayoun ("Katy") Motiey had time-based restricted stock units convert into common stock and had shares withheld and sold to cover tax obligations on 11/15/2025.

How many Extreme Networks RSUs vested for the EXTR officer on 11/15/2025?

On 11/15/2025, RSUs covering 2,605 shares and 5,610 shares of Extreme Networks common stock vested and were exercised at an exercise price of $0 per share.

How were taxes handled on the EXTR insider’s vested shares?

To pay applicable income and payroll withholding taxes, the trust had 1,292 and 2,782 shares of Extreme Networks common stock withheld and disposed of at a price of $17.64 per share.

How many EXTR shares does the reporting person beneficially own after these transactions?

After the reported transactions, The Katayoun Motiey Trust beneficially owns 185,671 shares of Extreme Networks common stock.

What is the reporting person’s role at Extreme Networks (EXTR)?

The reporting person is an officer of Extreme Networks Inc., serving as Chief Legal Admin Sust Officer, and holds the reported shares indirectly through The Katayoun Motiey Trust.

How do the EXTR RSUs for the insider vest over time?

The time-based RSU awards vest from the original grant date as to 1/3 of the award on the one-year anniversary and 1/12 of the award each quarter thereafter.

Extreme Networks Inc

NASDAQ:EXTR

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2.36B
129.47M
3.25%
94.3%
6.11%
Communication Equipment
Computer Communications Equipment
Link
United States
MORRISVILLE