STOCK TITAN

Extreme Networks (EXTR) CFO sells 35,000 shares in open-market trade

Filing Impact
(Very High)
Filing Sentiment
(Negative)
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.

Positive

  • None.

Negative

  • None.
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, null)
Footnotes (1)
  1. [object Object]
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
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.
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SEC Form 4
FORM 4UNITED 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*
RHODES KEVIN R

(Last)(First)(Middle)
2121 RDU CENTER DR.

(Street)
MORRISVILLE NORTH CAROLINA 27560

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EXTREME NETWORKS INC [ EXTR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/11/2026S35,000D$30.4301(1)151,296D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Daniel Ricks, Power of Attorney for Kevin R Rhodes06/12/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

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.

At what price did EXTR’s CFO sell his Extreme Networks shares?

The CFO’s 35,000 Extreme Networks shares were sold at a weighted average price of $30.4301 per share. Individual trade prices ranged between $30.33 and $30.55 per share, as disclosed in the Form 4 filing footnote explaining the transaction pricing details.

How many Extreme Networks (EXTR) shares does the CFO still own after this sale?

After selling 35,000 shares, Kevin R. Rhodes directly holds 151,296 Extreme Networks Common Stock shares. This post-transaction holding figure comes from Column 5 of the Form 4, which reports total shares beneficially owned following the disclosed sale.

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.

Did the EXTR Form 4 disclose a price range for the CFO’s share sale?

Yes. The Form 4 footnote states that the 35,000 shares were sold in multiple transactions at prices from $30.33 to $30.55. The reported $30.4301 price is a weighted average across all these individual trades within the disclosed range.