Extreme Networks insider reports RSU grant and share delivery
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
13,354 shares exercised/converted
Mixed
3 txns
Insider
Khanna Raj
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 11,767 | $0.00 | -- |
| Exercise | Restricted Stock Units | 13,354 | $0.00 | -- |
| Exercise | Common Stock | 13,354 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 11,767 shares (Direct);
Common Stock — 230,062 shares (Indirect, by Trust)
Footnotes (1)
- Shares are held in The Khanna 2002 Revocable Trust. Raj Khanna and Madhu Khanna, Trustees. 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).
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.
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.