STOCK TITAN

Director sells 19,521 Extreme Networks (EXTR) shares held in family trust

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Extreme Networks director Kathleen M. Holmgren, through the Holmgren Family Revocable Living Trust, reported an open-market sale of 19,521 shares of Extreme Networks common stock. The weighted average sale price was about $24.78 per share, across trades between $24.7741 and $24.8300.

After this transaction, the trust continues to hold 219,308 shares of Extreme Networks common stock indirectly for Holmgren.

Positive

  • None.

Negative

  • None.
Insider HOLMGREN KATHLEEN M
Role null
Sold 19,521 shs ($484K)
Type Security Shares Price Value
Sale Common Stock 19,521 $24.7827 $484K
Holdings After Transaction: Common Stock — 219,308 shares (Indirect, By Trust)
Footnotes (1)
  1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.7741 to $24.8300 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 are held in Holmgren Family Rev Living Trust - Kathleen Holmgren, Trustee.
Shares sold 19,521 shares Open-market sale on 2026-05-15
Weighted average sale price $24.7827 per share Common stock sale on 2026-05-15
Post-transaction holdings 219,308 shares Indirectly held by Holmgren Family Revocable Living Trust
Price range of trades $24.7741–$24.8300 per share Range for multiple sale transactions
Net shares sold 19,521 shares Net-sell direction per transaction summary
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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.
indirect ownership financial
""direct_or_indirect": "I","nature_of_ownership": "By Trust""
Trustee financial
"Holmgren Family Rev Living Trust - Kathleen Holmgren, Trustee."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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).
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*
HOLMGREN KATHLEEN M

(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)
05/15/2026
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 Stock05/15/2026S19,521D$24.7827(1)219,308IBy Trust(2)
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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.7741 to $24.8300 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.
2. Shares are held in Holmgren Family Rev Living Trust - Kathleen Holmgren, Trustee.
/s/ Daniel Ricks, Power of Attorney for Kathleen M Holmgren05/18/2026
** 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)

FAQ

What did Extreme Networks (EXTR) director Kathleen Holmgren report in this Form 4?

Director Kathleen M. Holmgren reported an open-market sale of 19,521 shares of Extreme Networks common stock. The shares were sold indirectly through the Holmgren Family Revocable Living Trust at a weighted average price of about $24.78 per share.

How many Extreme Networks (EXTR) shares were sold and at what price?

The filing shows a sale of 19,521 Extreme Networks common shares. The weighted average sale price was $24.7827 per share, with individual trades executed between $24.7741 and $24.8300 per share, according to the reported price range footnote.

How many Extreme Networks (EXTR) shares does the trust hold after the transaction?

After the reported sale, the Holmgren Family Revocable Living Trust holds 219,308 shares of Extreme Networks common stock. These shares are reported as indirectly owned by director Kathleen M. Holmgren in the Form 4 filing following the transaction.

Was the Extreme Networks (EXTR) transaction a direct or indirect holding for Kathleen Holmgren?

The transaction involved indirectly held shares reported as "By Trust." The shares are held in the Holmgren Family Revocable Living Trust, with Kathleen Holmgren identified as trustee, so the Form 4 classifies her ownership as indirect through this trust structure.

What does the weighted average price disclosure mean in this Extreme Networks (EXTR) Form 4?

The Form 4 states that the $24.7827 price is a weighted average for multiple trades. Actual sale prices ranged from $24.7741 to $24.8300 per share, and the reporting person offers to provide detailed trade-level pricing information upon request.