Extreme Networks officer sells 7,500 shares

Extreme Networks Inc. executive Katayoun Motiey, Chief Legal Admin Sust Officer, reported an open-market sale of 7,500 shares of common stock at $30.00 per share.

Rhea-AI Filing Summary

Extreme Networks Inc. executive Katayoun Motiey, Chief Legal Admin Sust Officer, reported an open-market sale of 7,500 shares of common stock at $30.00 per share. The shares were sold from The Katayoun Motiey Trust under a pre-arranged Rule 10b5-1 trading plan adopted on 09/04/2025.

After this transaction, the trust continues to hold 150,834 shares of Extreme Networks common stock indirectly attributed to Motiey. The filing shows a net-sell transaction without any accompanying option exercises or derivative positions in this report.

Insider Trade Summary 10b5-1

Net Seller: 7,500 shares

Net Sell 1 txn

Insider MOTIEY KATAYOUN

Role Chief Legal Admin Sust Officer

Sold 7,500 shs ($225K)

Type	Security	Shares	Price	Value
Sale	Common Stock	7,500	$30.00	$225K

Holdings After Transaction: Common Stock — 150,834 shares (Indirect, by Trust)

Footnotes (2)

1. F1. Transaction pursuant to the Reporting Person's 10b5-1 Plan adopted on 09/04/2025.
2. F2. Shares are held in The Katayoun Motiey Trust U/A DTD 8/26/2011

Key Figures

Shares sold: 7,500 shares Sale price: $30.00 per share Shares held after transaction: 150,834 shares +1 more

4 metrics

Shares sold 7,500 shares Open-market sale on 2026-06-08

Sale price $30.00 per share Open-market sale of common stock

Shares held after transaction 150,834 shares Indirectly held by The Katayoun Motiey Trust after sale

Net buy/sell shares -7,500 shares Net-sell direction in transaction summary

Key Terms

Rule 10b5-1, open-market sale, indirect ownership, Common Stock, +1 more

5 terms

Rule 10b5-1 regulatory

"Transaction pursuant to the Reporting Person's 10b5-1 Plan adopted on 09/04/2025"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

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, nature_of_ownership: by Trust"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Extreme Networks (EXTR) executive Katayoun Motiey do in this Form 4?

Katayoun Motiey reported an open-market sale of 7,500 Extreme Networks common shares at $30.00 per share. The transaction was executed by The Katayoun Motiey Trust and disclosed as an indirect ownership change in the Form 4.

Was the Extreme Networks (EXTR) insider sale made under a Rule 10b5-1 plan?

Yes. The filing states the transaction was made under a Rule 10b5-1 trading plan adopted on 09/04/2025. Such plans pre-schedule trades, making the timing more routine and less reflective of short-term views on Extreme Networks stock.

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

Following the sale, The Katayoun Motiey Trust held 150,834 Extreme Networks common shares indirectly. This post-transaction balance indicates the 7,500 shares sold represent a relatively small portion of the trust’s total reported holdings.

What price did the Extreme Networks (EXTR) shares sell for in this insider trade?

The reported transaction price was $30.00 per share for the 7,500 Extreme Networks common shares sold. This price reflects the per-share consideration in the open-market sale disclosed in the Form 4 filing.

Is the Extreme Networks (EXTR) insider transaction a direct or indirect holding change?

The transaction involves an indirect holding change. The Form 4 notes the shares are held "by Trust," specifically The Katayoun Motiey Trust, meaning ownership is attributed through this trust rather than directly in Motiey’s own name.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/08/2026 - 04:17 PM Learn about SEC filing dates

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).

X

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)
06/08/2026

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	06/08/2026		S		7,500(1)	D	$30	150,834	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. Transaction pursuant to the Reporting Person's 10b5-1 Plan adopted on 09/04/2025.

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

	/s/ Daniel Ricks, Power of Attorney for Katayoun Motiey	06/08/2026
	** 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)