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Extreme Networks (NASDAQ: EXTR) CFO sells shares under 10b5-1 plan

(High)
(Negative)
Form Type
4

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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Insights

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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)
  1. F1. Transaction pursuant to the Reporting Person's 10b5-1 Plan dated 05/22/2026.
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
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.

How many EXTR shares did Kevin R. Rhodes sell and at what price?

Kevin R. Rhodes sold 21,825 EXTR shares of common stock at a price of $22.30 per share. The transaction was reported as a sale in an open-market or private transaction.

How many EXTR shares does Kevin R. Rhodes hold after this Form 4 transaction?

After the reported transaction, Kevin R. Rhodes directly holds 196,803 shares of EXTR common stock. This figure reflects his direct ownership immediately following the 21,825-share sale on 2026-08-21.

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.

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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*
RHODES KEVIN R

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026
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 Stock08/21/2026S21,825(1)D$22.3196,803D
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 05/22/2026.
/s/ Daniel Ricks, Power of Attorney for Kevin R Rhodes08/21/2026
** 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)