Extreme Networks (EXTR) CEO Meyercord sells 100,000 shares under 10b5-1 plan

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

EXTREME NETWORKS INC President and CEO Edward Meyercord sold 100,000 shares of Common Stock in an open-market transaction. The shares were sold on May 26, 2026 at a weighted average price of $26.0959 per share, through multiple trades between $26.00 and $26.28 per share.

After this sale, Meyercord directly holds 1,721,902 shares of Extreme Networks common stock. The transaction was executed pursuant to his Rule 10b5-1 trading plan dated August 28, 2025, indicating the sales were pre-scheduled under that plan.

Insights

CEO executes pre-planned sale of a small portion of holdings.

Edward Meyercord, President and CEO of Extreme Networks, sold 100,000 shares of Common Stock at a weighted average of $26.0959 per share. The transaction was an open-market sale, with prices ranging from $26.00 to $26.28.

Following the sale, he continues to hold 1,721,902 shares directly, so the disposed amount represents a relatively small fraction of his disclosed position. The filing notes that the transaction occurred under a Rule 10b5-1 trading plan dated August 28, 2025, suggesting the timing was pre-arranged rather than opportunistic.

Because the sale appears routine in scale relative to his remaining stake and is conducted under a pre-planned arrangement, it is best interpreted as standard liquidity or diversification activity rather than a strong signal about management’s outlook.

Insider Trade Summary 10b5-1

Net Seller: 100,000 shares ($2,609,590)

Net Sell 1 txn

Insider MEYERCORD EDWARD

Role PRESIDENT AND CEO

Sold 100,000 shs ($2.61M)

Type	Security	Shares	Price	Value
Sale	Common Stock	100,000	$26.0959	$2.61M

Holdings After Transaction: Common Stock — 1,721,902 shares (Direct, null)

Footnotes (1)

Transaction pursuant to the Reporting Person's 10b5-1 Plan dated 08/28/2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.00 to $26.28 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: 100,000 shares Average sale price: $26.0959 per share Sale price range: $26.00–$26.28 per share +3 more

6 metrics

Shares sold 100,000 shares Open-market sale on May 26, 2026

Average sale price $26.0959 per share Weighted average price for reported sale

Sale price range $26.00–$26.28 per share Multiple transactions within this range

Post-transaction holdings 1,721,902 shares Shares directly held after sale

Trading plan date August 28, 2025 Date of CEO’s Rule 10b5-1 Plan

Transaction type Open-market sale Form 4 transaction code S, non-derivative

Key Terms

Rule 10b5-1 Plan, weighted average price, open-market sale, Form 4

4 terms

Rule 10b5-1 Plan regulatory

"Transaction pursuant to the Reporting Person's 10b5-1 Plan dated 08/28/2025."

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

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.

Form 4 regulatory

"What did Extreme Networks (EXTR) CEO Edward Meyercord report in this Form 4?"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

05/28/2026 - 04:22 PM

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^*

MEYERCORD EDWARD

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/26/2026		S		100,000⁽¹⁾	D	$26.0959⁽²⁾	1,721,902	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Transaction pursuant to the Reporting Person's 10b5-1 Plan dated 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 $26.00 to $26.28 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 Edward Meyercord	05/28/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Extreme Networks (EXTR) CEO Edward Meyercord report in this Form 4?

Edward Meyercord reported an open-market sale of 100,000 shares of Extreme Networks Common Stock. The sale was executed at a weighted average price of $26.0959 per share and left him holding 1,721,902 shares directly after the transaction.

At what price did the EXTR CEO sell his Extreme Networks shares?

The CEO sold his Extreme Networks shares at a weighted average price of $26.0959 per share. Individual trades occurred in multiple transactions, with prices ranging from $26.00 to $26.28 per share, as disclosed in the Form 4 footnotes.

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

After selling 100,000 shares, Extreme Networks CEO Edward Meyercord directly holds 1,721,902 shares of the company’s Common Stock. This remaining position, disclosed in the Form 4, shows he retains a substantial equity stake following the reported open-market sale.

Was the EXTR CEO’s sale part of a pre-planned trading program?

Yes. The Form 4 states the transaction occurred pursuant to Edward Meyercord’s Rule 10b5-1 Plan dated August 28, 2025. Such plans pre-schedule trades, indicating the sale’s timing was arranged in advance rather than decided at short notice.

On what date did Extreme Networks (EXTR) CEO execute the reported stock sale?

The reported sale by Extreme Networks CEO Edward Meyercord took place on May 26, 2026. On that date, he sold 100,000 shares of Common Stock in multiple open-market transactions within the disclosed price range around $26 per share.