Director sells 19,521 Extreme Networks (EXTR) shares held in family trust
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 19,521 shares ($483,783)
Net Sell
1 txn
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)
- 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.
Key Figures
Shares sold: 19,521 shares
Weighted average sale price: $24.7827 per share
Post-transaction holdings: 219,308 shares
+2 more
5 metrics
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
Key Terms
open-market sale, weighted average price, indirect ownership, Trustee, +1 more
5 terms
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.
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.
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.