STOCK TITAN

Extreme Networks CEO sells 50K shares at $21.90

EXTREME NETWORKS INC (EXTR) president and CEO Edward Meyercord reported selling 50,000 shares of common stock on September 1, 2026 in an open-market transaction under a Rule 10b5-1 trading plan dated August 28, 2025.

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

EXTREME NETWORKS INC (EXTR) president and CEO Edward Meyercord reported selling 50,000 shares of common stock on September 1, 2026 in an open-market transaction under a Rule 10b5-1 trading plan dated August 28, 2025. The weighted-average sale price was $21.8984 per share, and he now holds 1,760,097 shares directly.

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Insights

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Insider MEYERCORD EDWARD
Role PRESIDENT AND CEO
Sold 50,000 shs ($1.09M)
Type Security Shares Price Value
Sale Common Stock F1, F2 50,000 $21.8984 $1.09M
Holdings After Transaction: Common Stock — 1,760,097 shares (Direct)
Footnotes (2)
  1. F1. Transaction pursuant to the Reporting Person's 10b5-1 Plan dated 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 $21.72 to $22.31 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.
Shares sold 50,000 shares Common stock sold by CEO on September 1, 2026
Weighted-average sale price $21.8984 per share Common stock sale on September 1, 2026
Sale price range $21.72–$22.31 per share Multiple transactions included in the reported sale
Shares held after transaction 1,760,097 shares Direct holdings of CEO after September 1, 2026 sale
Rule 10b5-1 plan date August 28, 2025 Date of the trading plan governing the reported sale
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 market
"Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.

FAQ

What insider transaction did EXTR’s CEO report on this Form 4?

Edward Meyercord, president and CEO of EXTREME NETWORKS INC (EXTR), reported an open-market sale of 50,000 shares of common stock on September 1, 2026 at a weighted-average price of $21.8984 per share.

How many EXTR shares did the CEO sell and at what price?

The CEO sold 50,000 shares of EXTR common stock at a weighted-average price of $21.8984 per share, with individual trades executed between $21.72 and $22.31 per share.

How many EXTR shares does the CEO hold after this transaction?

After the reported sale, Edward Meyercord directly holds 1,760,097 shares of EXTR common stock, as stated in the Form 4’s post-transaction holdings figure.

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

Yes. The filing states the sale was made pursuant to the reporting person’s Rule 10b5-1 Plan dated August 28, 2025, and the Rule 10b5-1 affirmation checkbox on the form is marked true.

What price range were the EXTR shares sold for in this Form 4?

The filing explains that the reported price is a weighted average; the 50,000 shares were sold in multiple transactions at prices ranging from $21.72 to $22.31 per share, inclusive.

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

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Learn about SEC filing dates
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).
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 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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
PRESIDENT AND CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
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 Stock09/01/2026S50,000(1)D$21.8984(2)1,760,097D
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. 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 $21.72 to $22.31 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 Meyercord09/02/2026
** 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)