EXTR EVP CFO Kevin Rhodes details RSU settlement and share withholding

Rhea-AI Filing Summary

Extreme Networks (EXTR) executive Kevin R. Rhodes, EVP Chief Financial Officer, reported insider equity transactions on 11/15/2025 involving restricted stock units and common stock. He acquired 9,818 shares of common stock at an exercise price of $0 through the vesting and settlement of a restricted stock unit award and then disposed of 4,360 shares at $17.64 per share to cover income and payroll withholding taxes on the released shares. Following these transactions, he directly beneficially owned 138,254 shares of Extreme Networks common stock.

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

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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^*

RHODES KEVIN R

(Last) (First) (Middle)

2121 RDU CENTER DR.

(Street)

MORRISVILLE NC 27560

(City) (State) (Zip)

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)
	EVP Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	11/15/2025		M		9,818	A	$0	142,614	D
Common Stock	11/15/2025		F		4,360(1)	D	$17.64	138,254	D

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
Restricted Stock Units	$0	11/15/2025		M			9,818	08/15/2025(2)	08/15/2027	Common Stock	9,818	$0	68,731	D

Explanation of Responses:

1. Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.

2. This Time-based RSU award vests from the original grant date as to 1/3 on the one year anniversary and 1/12 each quarter thereafter.

	/s/ Katayoun ("Katy") Motiey, Power of Attorney for Kevin R. Rhodes	11/17/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did EXTR's CFO report on this Form 4?

EVP Chief Financial Officer Kevin R. Rhodes reported the vesting and settlement of a restricted stock unit award into 9,818 shares of Extreme Networks common stock on 11/15/2025, along with a related tax share withholding sale.

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

Kevin R. Rhodes acquired 9,818 shares of Extreme Networks common stock on 11/15/2025 at an exercise price of $0 per share through the settlement of restricted stock units.

Why were 4,360 EXTR shares disposed of by Kevin R. Rhodes?

The filing states that the 4,360 shares disposed of at $17.64 per share represent shares withheld from the released share award to pay applicable income and payroll withholding taxes due on the release.

How many EXTR shares does Kevin R. Rhodes own after these transactions?

After the reported transactions on 11/15/2025, Kevin R. Rhodes beneficially owned 138,254 shares of Extreme Networks common stock, held with direct ownership.

What derivative security is reported and how many units remain for EXTR's CFO?

The filing reports restricted stock units with an exercise price of $0. After the vesting and settlement of 9,818 units into common shares, 68,731 restricted stock units remained beneficially owned.

What is the vesting schedule of Kevin R. Rhodes' time-based RSU award at EXTR?

The time-based restricted stock unit award vests from the original grant date as to 1/3 on the one-year anniversary and 1/12 each quarter thereafter, according to the explanation in the filing.

What is Kevin R. Rhodes' role at Extreme Networks (EXTR)?

Kevin R. Rhodes is identified in the filing as an officer of Extreme Networks, serving as EVP Chief Financial Officer.