Trust tied to Extreme Networks (EXTR) legal chief sells 30K shares

Rhea-AI Filing Summary

Extreme Networks reported that a trust associated with Chief Legal Admin Sust Officer Katayoun Motiey completed an open-market sale of 30,000 shares of common stock. The weighted average sale price was $31.0254 per share, across multiple trades between $30.8150 and $31.4100.

After these transactions, the trust’s indirect holding stands at 120,834 shares of Extreme Networks common stock.

Insider Trade Summary

Net Seller: 30,000 shares ($930,762)

Net Sell 1 txn

Insider MOTIEY KATAYOUN

Role Chief Legal Admin Sust Officer

Sold 30,000 shs ($931K)

Type	Security	Shares	Price	Value
Sale	Common Stock	30,000	$31.0254	$931K

Holdings After Transaction: Common Stock — 120,834 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 $30.8150 to $31.4100 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 The Katayoun Motiey Trust U/A DTD 8/26/2011

Key Figures

Shares sold: 30,000 shares Weighted average sale price: $31.0254 per share Post-transaction holdings: 120,834 shares +2 more

5 metrics

Shares sold 30,000 shares Open-market sale of common stock

Weighted average sale price $31.0254 per share Average across multiple sale transactions

Post-transaction holdings 120,834 shares Indirectly held by The Katayoun Motiey Trust

Low sale price $30.8150 per share Lowest price in the reported trade range

High sale price $31.4100 per share Highest price in the reported trade range

Key Terms

weighted average price, open-market sale, indirect ownership, trust

4 terms

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.

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.

indirect ownership financial

"direct_or_indirect: I, ownership_type: indirect"

trust financial

"Shares are held in The Katayoun Motiey Trust U/A DTD 8/26/2011"

A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

MOTIEY KATAYOUN

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Admin Sust Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/12/2026		S		30,000	D	$31.0254(1)	120,834	I	by 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 $30.8150 to $31.4100 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 The Katayoun Motiey Trust U/A DTD 8/26/2011

	/s/ Daniel Ricks, Power of Attorney for Katayoun Motiey	06/12/2026
	** Signature of Reporting Person	Date
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 insider share transaction occurred at Extreme Networks (EXTR)?

A trust associated with Extreme Networks’ Chief Legal Admin Sust Officer Katayoun Motiey sold 30,000 common shares in open-market transactions. These sales reflect an indirect ownership change through the trust rather than a direct personal transaction.

At what price were the Extreme Networks (EXTR) shares sold?

The 30,000 Extreme Networks shares were sold at a weighted average price of $31.0254 per share. Individual trades occurred in a range from $30.8150 to $31.4100, according to the disclosed transaction details.

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

Following the 30,000-share sale, The Katayoun Motiey Trust holds 120,834 Extreme Networks common shares indirectly. This post-transaction figure reflects the remaining position attributed to the trust after completing the reported open-market sales.

Who is the insider associated with the trust selling Extreme Networks (EXTR) shares?

The transaction is associated with Katayoun Motiey, Extreme Networks’ Chief Legal Admin Sust Officer. The shares are held and sold by The Katayoun Motiey Trust, indicating indirect ownership rather than direct individual holdings by the officer.

Were the Extreme Networks (EXTR) share sales executed in a single trade?

No, the 30,000 shares were sold in multiple transactions at varying prices between $30.8150 and $31.4100. The reported $31.0254 figure represents a weighted average sale price across all those individual trades.