Extreme Networks CFO sells 35,000 EXTR shares
EXTREME NETWORKS INC Executive Vice President and Chief Financial Officer Kevin R. Rhodes reported an open-market sale of Common Stock.
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Form Type
4
Rhea-AI Filing Summary
EXTREME NETWORKS INC Executive Vice President and Chief Financial Officer Kevin R. Rhodes reported an open-market sale of Common Stock. He sold 35,000 shares on June 11, 2026 at a weighted average price of $30.4301 per share, with individual trade prices ranging from $30.33 to $30.55. After this transaction, he directly holds 151,296 shares of Extreme Networks common stock.
Insider Trade Summary
Net Seller: 35,000 shares
Net Sell
1 txn
Insider
RHODES KEVIN R
Role
EVP Chief Financial Officer
Sold
35,000 shs ($1.07M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 35,000 | $30.4301 | $1.07M |
Holdings After Transaction:
Common Stock — 151,296 shares (Direct)
Footnotes (1)
- F1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.33 to $30.55 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 35,000 shares
Weighted average sale price: $30.4301 per share
Post-transaction holdings: 151,296 shares
+2 more
5 metrics
Shares sold
35,000 shares
Open-market sale on June 11, 2026
Weighted average sale price
$30.4301 per share
Average price across multiple transactions
Post-transaction holdings
151,296 shares
Shares directly owned after the sale
Price range of sales
$30.33–$30.55 per share
Range for individual trades within the transaction
Net shares sold
35,000 shares
Net buy/sell shares for this Form 4
Key Terms
weighted average price, open-market sale, Common Stock, Securities and Exchange Commission
4 terms
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Securities and Exchange Commission regulatory
"staff of the Securities and Exchange Commission, upon request, full information"
A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EXTR CFO Kevin R. Rhodes report?
Kevin R. Rhodes reported selling 35,000 shares of Extreme Networks Common Stock in an open-market transaction. The sale reflects a routine insider disposition and leaves him with 151,296 directly held shares after the transaction, according to the Form 4 filing details.
What type of insider transaction was reported for Extreme Networks (EXTR)?
The reported insider transaction was an open-market sale of Common Stock by Extreme Networks’ CFO. The Form 4 lists transaction code “S,” which corresponds to a sale in the open market or a private transaction under SEC reporting rules for insiders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
