Extreme Networks (NASDAQ: EXTR) CFO sells shares under 10b5-1 plan
Rhea-AI Filing Summary
EXTREME NETWORKS INC (EXTR) reported that EVP Chief Financial Officer Kevin R. Rhodes sold 21,825 shares of common stock on 2026-08-21 at $22.30 per share in an open-market or private transaction. The sale was made pursuant to his Rule 10b5-1 trading plan dated 05/22/2026, and he now directly holds 196,803 shares of Extreme Networks common stock.
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Insider Trade Summary 10b5-1
Net Seller: 21,825 shares
Net Sell
1 txn
Insider
RHODES KEVIN R
Role
EVP Chief Financial Officer
Sold
21,825 shs ($487K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 21,825 | $22.30 | $487K |
Holdings After Transaction:
Common Stock — 196,803 shares (Direct)
Footnotes (1)
- F1. Transaction pursuant to the Reporting Person's 10b5-1 Plan dated 05/22/2026.
Key Figures
Shares sold: 21,825 shares
Sale price per share: $22.30 per share
Shares owned after transaction: 196,803 shares
+1 more
4 metrics
Shares sold
21,825 shares
Common stock sold by Kevin R. Rhodes on 2026-08-21
Sale price per share
$22.30 per share
Price for the 21,825 EXTR shares sold
Shares owned after transaction
196,803 shares
Direct EXTR holdings of Kevin R. Rhodes following the sale
Transaction date
2026-08-21
Date of the reported sale of EXTR common stock
Key Terms
Rule 10b5-1 Plan, open market or private transaction, EVP Chief Financial Officer
3 terms
Rule 10b5-1 Plan regulatory
"Transaction pursuant to the Reporting Person's 10b5-1 Plan dated 05/22/2026"
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.
open market or private transaction financial
"Sale in open market or private transaction"
EVP Chief Financial Officer financial
"RHODES KEVIN R, EVP Chief Financial Officer"
FAQ
What insider transaction did EXTR report for Kevin R. Rhodes?
EXTR reported that EVP Chief Financial Officer Kevin R. Rhodes sold 21,825 shares of common stock on 2026-08-21 at $22.30 per share in an open-market or private transaction under a Rule 10b5-1 trading plan.
Was the EXTR insider sale by Kevin R. Rhodes under a Rule 10b5-1 plan?
Yes. The filing states the transaction was made pursuant to Kevin R. Rhodes’ Rule 10b5-1 Plan dated 05/22/2026, and the Rule 10b5-1 checkbox is affirmed for this Form 4.
What role does Kevin R. Rhodes hold at EXTR?
Kevin R. Rhodes is identified as EVP Chief Financial Officer of EXTREME NETWORKS INC (EXTR) in the Form 4 reporting his 21,825-share sale on 2026-08-21.
AI-generated analysis. How Rhea-AI works. Not financial advice.