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[Form 4] EXTREME NETWORKS INC Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Extreme Networks (EXTR) director Raj Khanna reported equity activity on 11/12/2025. He settled 13,354 restricted stock units (RSUs) into an equal number of common shares at $0 and received a new grant of 11,767 RSUs under the 2013 Equity Incentive Plan. Following these transactions, 230,062 common shares were beneficially owned indirectly by The Khanna 2002 Revocable Trust. The newly granted RSUs vest on the earlier of the one-year anniversary of grant or the next annual shareholder meeting, subject to a minimum 50-week vesting period.

Positive
  • None.
Negative
  • None.
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*
Khanna Raj

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/12/2025
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 11/12/2025 M 13,354 A $0 230,062 I by 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0 11/12/2025 A 11,767 11/12/2026(2) 11/12/2026(2) Common Stock 11,767 $0 11,767 D
Restricted Stock Units $0 11/12/2025 M 13,354 11/12/2025(2) 11/12/2025(2) Common Stock 13,354 $0 0 D
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 shareholders (provided that such vesting period may not be less than 50 weeks after grant).
/s/ Katayoun "Katy" Motiey, Power of Attorney for Raj Khanna 11/13/2025
** 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.

FAQ

What did EXTR director Raj Khanna report on Form 4?

He settled 13,354 RSUs into common shares at $0 and received a new grant of 11,767 RSUs on 11/12/2025.

How many EXTR shares does Raj Khanna beneficially own after the transactions?

He beneficially owned 230,062 common shares indirectly via The Khanna 2002 Revocable Trust.

What are the vesting terms for the new EXTR RSU grant?

The 11,767 RSUs vest on the earlier of the one-year anniversary of grant or the next annual shareholder meeting, with at least 50 weeks before vesting.

What was the price for the RSU settlement into EXTR common stock?

The RSUs were settled into common shares at $0, consistent with RSU delivery mechanics.

How were EXTR shares held by Raj Khanna reported?

Shares were reported as indirectly owned by The Khanna 2002 Revocable Trust.
Extreme Networks Inc

NASDAQ:EXTR

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EXTR Stock Data

2.36B
129.49M
3.25%
94.3%
6.11%
Communication Equipment
Computer Communications Equipment
Link
United States
MORRISVILLE