Extreme Networks CEO exercises options, sells 50K shares

Extreme Networks President and CEO Edward Meyercord, who is also a director, reported an option exercise and share sale in Extreme Networks common stock.

Rhea-AI Filing Summary

Extreme Networks President and CEO Edward Meyercord, who is also a director, reported an option exercise and share sale in Extreme Networks common stock. On February 2, 2026, he exercised a non-qualified stock option for 50,000 shares at an exercise price of $6.70 per share and acquired the corresponding common shares.

On the same day, Meyercord sold 50,000 common shares at a weighted average price of $14.9068 per share under a pre-established Rule 10b5-1(c) trading plan adopted on August 28, 2025. Following these transactions, he directly held 1,871,418 common shares and 274,573 option shares in the reported grant.

Insider Trade Summary

Exercise and Sale: 50,000 shares ($410K approx. pre-tax spread)

Exercise and Sale 3 txns

Insider MEYERCORD EDWARD

Role PRESIDENT AND CEO

Sold 50,000 shs ($745K)

Approx. gross sale proceeds $745K

Approx. exercise cost $335K

Approx. pre-tax spread $410K

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Stock Option (right to buy)	50,000	$0.00	$0.00
Exercise	Common Stock	50,000	$6.70	$335K
Sale	Common Stock	50,000	$14.9068	$745K

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 274,573 contracts (Direct); Common Stock — 1,871,418 shares (Direct)

Footnotes (3)

1. F1. Adoption date of referenced 10b5-1(c) plan is: 08-28-2025
2. F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.51 to $15.12 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.
3. F3. This time based Stock Option Grant vested as to 1/4 on 8/31/2020 and 1/16 each quarter thereafter.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did EXTR CEO Edward Meyercord report on February 2, 2026?

Edward Meyercord reported exercising 50,000 stock options and selling 50,000 Extreme Networks common shares on February 2, 2026. The exercise price was $6.70 per share, and the sale occurred at a weighted average price of $14.9068 per share.

How many Extreme Networks (EXTR) shares does the CEO hold after this Form 4?

After the reported transactions, CEO Edward Meyercord directly holds 1,871,418 shares of Extreme Networks common stock. He also holds 274,573 derivative securities from the reported non-qualified stock option grant, which relates to underlying common shares.

What stock option did the EXTR CEO exercise in this filing?

Meyercord exercised a non-qualified stock option for 50,000 shares of Extreme Networks common stock at an exercise price of $6.70 per share. This option grant vested starting on August 31, 2020, with additional vesting in equal quarterly installments thereafter.

At what price did the EXTR CEO sell his shares in this reported transaction?

The CEO sold 50,000 shares of Extreme Networks common stock at a weighted average price of $14.9068 per share. The shares were sold in multiple trades, with individual prices ranging from $14.51 to $15.12 per share, inclusive.

Was the EXTR CEO’s stock sale made under a Rule 10b5-1 plan?

Yes. The share sale was executed under a pre-arranged Rule 10b5-1(c) trading plan. The adoption date of this plan was August 28, 2025, which allows trades to occur according to preset instructions regardless of later nonpublic information.

What is the nature of ownership for the EXTR CEO’s reported holdings?

All reported holdings and transactions in this Form 4 are designated as direct ownership by Edward Meyercord. There are no footnotes indicating that the shares or options are held through separate entities or that beneficial ownership is disclaimed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 02/03/2026 - 05:37 PM Learn about SEC filing dates

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).

X

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^*

MEYERCORD EDWARD

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	PRESIDENT AND CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

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	02/02/2026		M		50,000	A	$6.7	1,921,418	D
Common Stock	02/02/2026		S		50,000(1)	D	$14.9068(2)	1,871,418	D

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
Non-Qualified Stock Option (right to buy)	$6.7	02/02/2026		M			50,000	08/31/2020(3)	08/28/2026	Common Stock	50,000	$0	274,573	D

Explanation of Responses:

1. Adoption date of referenced 10b5-1(c) plan is: 08-28-2025

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.51 to $15.12 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.

3. This time based Stock Option Grant vested as to 1/4 on 8/31/2020 and 1/16 each quarter thereafter.

	/s/ Katayoun ("Katy") Motiey, Power of Attorney for Ed Meyercord	02/03/2026
	** 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).
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.