CEO at Extreme Networks (NASDAQ: EXTR) nets more shares after RSU vest

Rhea-AI Filing Summary

Extreme Networks President and CEO Edward Meyercord reported routine equity compensation activity involving restricted stock units and related tax withholding. On May 15, 2026, he exercised RSU awards that converted into blocks of 28,895 and 11,721 shares of Common Stock. To cover income and payroll taxes due on the RSU releases, the company withheld 11,371 and 4,613 shares, valued at $24.66 per share, as noted in the footnotes. Following these non‑open‑market transactions, Meyercord directly owned 1,808,991 shares of Extreme Networks Common Stock, along with remaining unvested or unexercised RSUs.

Insider Trade Summary

40,616 shares exercised/converted

Mixed 6 txns

Insider MEYERCORD EDWARD

Role PRESIDENT AND CEO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	11,721	$0.00	--
Exercise	Restricted Stock Units	28,895	$0.00	--
Exercise	Common Stock	11,721	$0.00	--
Tax Withholding	Common Stock	4,613	$24.66	$114K
Exercise	Common Stock	28,895	$0.00	--
Tax Withholding	Common Stock	11,371	$24.66	$280K

Holdings After Transaction: Restricted Stock Units — 11,721 shares (Direct, null); Common Stock — 1,808,991 shares (Direct, null)

Footnotes (1)

1. Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release. This Time-based RSU award vests from the original grant date as to 1/3 on the one year anniversary and 1/12 each quarter thereafter.

Key Figures

RSU shares exercised: 40,616 shares Shares withheld for taxes: 15,984 shares Tax withholding price: $24.66 per share +3 more

6 metrics

RSU shares exercised 40,616 shares Total derivative exercises (M code) reported in summary

Shares withheld for taxes 15,984 shares Tax-withholding dispositions (F code) tied to RSU releases

Tax withholding price $24.66 per share Value used for share withholding on May 15, 2026

Post-transaction holdings 1,808,991 shares Common Stock directly owned after final non-derivative transaction

First RSU block exercised 28,895 units/shares Restricted Stock Units converted into Common Stock

Second RSU block exercised 11,721 units/shares Additional Restricted Stock Units converted into Common Stock

Key Terms

Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, Time-based RSU award, +1 more

5 terms

Restricted Stock Units financial

"security_title": "Restricted Stock Units""

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

derivative exercise/conversion financial

"transaction_action": "derivative exercise/conversion""

Time-based RSU award financial

"This Time-based RSU award vests from the original grant date"

income and payroll withholding taxes financial

"for the payment of applicable income and payroll withholding taxes due on release"

Form 4 Insider Transactions: What Each Field Means →

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)
05/15/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/15/2026		M		11,721	A	$0	1,808,991	D
Common Stock	05/15/2026		F		4,613(1)	D	$24.66	1,804,378	D
Common Stock	05/15/2026		M		28,895	A	$0	1,833,273	D
Common Stock	05/15/2026		F		11,371(1)	D	$24.66	1,821,902	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0	05/15/2026		M			11,721	08/15/2024(2)	08/15/2026	Common Stock	11,721	$0	11,721	D
Restricted Stock Units	$0	05/15/2026		M			28,895	08/15/2025(2)	08/15/2027	Common Stock	28,895	$0	144,475	D

Explanation of Responses:

1. Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.

2. This Time-based RSU award vests from the original grant date as to 1/3 on the one year anniversary and 1/12 each quarter thereafter.

	/s/ Daniel Ricks, Power of Attorney for Edward Meyercord	05/18/2026
	** 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)

FAQ

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

Edward Meyercord reported routine equity compensation activity, exercising restricted stock units into common shares and using share withholding to pay taxes. These were not open-market stock purchases or sales, but standard vesting and tax-settlement transactions under his compensation awards.

How many Extreme Networks shares did the CEO acquire through RSU exercises?

The CEO exercised RSU awards tied to 28,895 and 11,721 underlying common shares. These derivative exercises converted restricted stock units into Extreme Networks common stock as part of time-based vesting from prior grants under the company’s equity compensation program.

How many Extreme Networks shares were withheld for the CEO’s taxes?

A total of 11,371 and 4,613 shares of Extreme Networks common stock were withheld at $24.66 per share. According to the footnote, these shares covered applicable income and payroll withholding taxes due when the RSU awards were released.

How many Extreme Networks shares does the CEO hold after these transactions?

After the RSU exercises and tax-withholding dispositions, Edward Meyercord directly owned 1,808,991 shares of Extreme Networks common stock. This figure reflects his updated direct holdings following all reported non-derivative transactions on May 15, 2026.

Were any of the Extreme Networks CEO’s transactions open-market buys or sells?

No. The filing classifies code M transactions as derivative exercises and code F transactions as tax-withholding dispositions. There were no open-market purchase (P) or sale (S) codes, indicating these moves stem from equity award vesting and related tax obligations.