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Extreme Networks director acquires 11,767 shares

The RSUs vest on the earlier of the one-year anniversary of grant or the next annual meeting, and the vesting period may not be less than 50 weeks.

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Form Type
4

Rhea-AI Filing Summary

Extreme Networks (EXTR) director Raj Khanna reported an exercise/conversion of 11,767 restricted stock units on November 4, 2026, alongside acquisition of 11,767 common shares held by The Khanna 2002 Revocable Trust. The trust's reported common-stock holdings following the transaction were 206,829 shares; Raj Khanna and Madhu Khanna are trustees. The RSUs were granted under Extreme Networks, Inc.'s 2013 Equity Incentive Plan.

Insider Khanna Raj
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units F2 11,767 $0.00 $0.00
Exercise Common Stock F1 11,767 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 206,829 shares (Indirect, By Trust)
Holdings Before and After: Restricted Stock Units, 11,767 to 0 contracts (Direct); Common Stock, 195,062 to 206,829 shares (Indirect, By Trust)
Footnotes (2)
  1. F1. Shares are held in The Khanna 2002 Revocable Trust. Raj Khanna and Madhu Khanna, Trustees.
  2. F2. Grant of restricted stock units pursuant to the Extreme Networks, Inc. 2013 Equity Incentive Plan. Vests on the earlier of the one-year anniversary of the date of grant or the next annual meeting of stockholders (provided that such vesting period may not be less than 50 weeks after grant).
Restricted stock units exercised or converted 11,767 restricted stock units November 4, 2026
Common shares acquired by the trust 11,767 common shares November 4, 2026
Trust common shares following the transaction 206,829 common shares Held in The Khanna 2002 Revocable Trust
Restricted Stock Units financial
"Grant of 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.
2013 Equity Incentive Plan financial
"pursuant to the Extreme Networks, Inc. 2013 Equity Incentive Plan"
vesting period financial
"such vesting period may not be less than 50 weeks after grant"
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What EXTR shares did Raj Khanna acquire?

On November 4, 2026, Raj Khanna reported the exercise/conversion of 11,767 restricted stock units, alongside acquisition of 11,767 common shares held by The Khanna 2002 Revocable Trust. The trust's reported common-stock holdings following the transaction were 206,829 shares.

When do the EXTR restricted stock units vest?

The restricted stock units vest on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders. The vesting period may not be less than 50 weeks after grant.

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

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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
X
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*
Khanna Raj

(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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/04/2026
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 Stock11/04/2026M11,767A$0206,829IBy Trust(1)
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
Restricted Stock Units$011/04/2026M11,76711/04/2026(2)11/04/2026(2)Common Stock11,767$00D
Explanation of Responses:
1. Shares are held in The Khanna 2002 Revocable Trust. Raj Khanna and Madhu Khanna, Trustees.
2. Grant of restricted stock units pursuant to the Extreme Networks, Inc. 2013 Equity Incentive Plan. Vests on the earlier of the one-year anniversary of the date of grant or the next annual meeting of stockholders (provided that such vesting period may not be less than 50 weeks after grant).
/s/ Daniel Ricks, Power of Attorney for Raj Khanna11/06/2026
** 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)

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