STOCK TITAN
  1. Home
  2. Sec-filings
  3. EXTR
  4. [Form 4] EXTREME NETWORKS INC Insider Trading Activity

Extreme Networks (NASDAQ: EXTR) grants 65.6K RSUs, withholds shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

EXTREME NETWORKS INC (EXTR) reported insider equity activity by its Chief Legal Admin Sust Officer, Katayoun Motiey. Time-based restricted stock units converted into common stock on August 15, 2026, with shares delivered to a trust and portions withheld to cover income and payroll taxes at $24.41 per share. On August 16, 2026, additional common stock was issued to the reporting person’s trust upon certification of performance awards granted in 2024 and 2025, and a new time-based RSU award of 65,620 units was granted, scheduled to vest over time from the original grant date.

Positive

  • None.

Negative

  • None.
Insider MOTIEY KATAYOUN
Role Chief Legal Admin Sust Officer
Type Security Shares Price Value
Grant/Award Common Stock F4, F2 22,431 $0.00 $0.00
Tax Withholding Common Stock F3, F2 11,122 $24.41 $271K
Grant/Award Common Stock F5, F2 18,593 $0.00 $0.00
Tax Withholding Common Stock F3, F2 9,219 $24.41 $225K
Exercise Restricted Stock Units F6 2,605 $0.00 $0.00
Exercise Restricted Stock Units F6 5,611 $0.00 $0.00
Exercise Restricted Stock Units F6 18,575 $0.00 $0.00
Grant/Award Restricted Stock Units F6 65,620 $0.00 $0.00
Exercise Common Stock F1, F2 2,605 $0.00 $0.00
Tax Withholding Common Stock F3, F2 1,162 $24.41 $28K
Exercise Common Stock F2 5,611 $0.00 $0.00
Tax Withholding Common Stock F3, F2 2,776 $24.41 $68K
Exercise Common Stock F2 18,575 $0.00 $0.00
Tax Withholding Common Stock F3, F2 9,210 $24.41 $225K
Holdings After Transaction: Restricted Stock Units — 125,268 shares (Direct); Common Stock — 155,225 shares (Indirect, by Trust)
Footnotes (6)
  1. F1. An additional 65 shares are included in this total, reflecting non-reportable purchase of 65 shares in connection with the Company's Employee Stock Purchase Plan (ESPP).
  2. F2. Shares are held in The Katayoun Motiey Trust U/A DTD 8/26/2011
  3. F3. Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.
  4. F4. Represents shares of common stock issued to the Reporting Person pursuant to a performance award dated 08/15/2024. The number of shares earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee, which certification occurred on 08/16/2026.
  5. F5. Represents shares of common stock issued to the Reporting Person pursuant to a performance award dated 08/15/2025. The number of shares earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee, which certification occurred on 08/16/2026.
  6. F6. 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.
Performance award shares (2024 grant) 22,431 shares Common stock issued on 08/16/2026 upon certification of 08/15/2024 performance award
Performance award shares (2025 grant) 18,593 shares Common stock issued on 08/16/2026 upon certification of 08/15/2025 performance award
Tax-withholding dispositions (largest entry) 11,122 shares Common shares withheld at $24.4100 per share for taxes on 08/16/2026
New time-based RSU grant 65,620 units Restricted Stock Units granted on 08/15/2026, vesting over time from original grant date
RSU conversion lot 1 2,605 units Restricted Stock Units converting into common stock on 08/15/2026
RSU conversion lot 2 5,611 units Restricted Stock Units converting into common stock on 08/15/2026
RSU conversion lot 3 18,575 units Restricted Stock Units converting into common stock on 08/15/2026
ESPP-related additional shares 65 shares Non-reportable purchase under Employee Stock Purchase Plan included in a reported total
Restricted Stock Units financial
"This Time-based RSU award vests from the original grant date as to 1/3"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance award financial
"Represents shares of common stock issued to the Reporting Person pursuant to a performance award"
Employee Stock Purchase Plan (ESPP) financial
"non-reportable purchase of 65 shares in connection with the Company's Employee Stock Purchase Plan (ESPP)"
withheld from the released share award financial
"Represents shares withheld from the released share award for the payment of applicable income"
Compensation Committee financial
"certification thereof by the Compensation Committee, which certification occurred on 08/16/2026"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.

FAQ

What insider equity transactions were reported at EXTREME NETWORKS INC (EXTR)?
The Chief Legal Admin Sust Officer reported RSU conversions, issuance of common stock from 2024 and 2025 performance awards, tax-withholding share dispositions, and a new grant of 65,620 time-based RSUs scheduled to vest over time.

How many performance-based Extreme Networks (EXTR) shares were issued to the reporting person’s trust?
Two performance awards resulted in issuances of 22,431 and 18,593 shares of Extreme Networks common stock to a trust associated with the reporting person, following Compensation Committee certification of performance conditions on August 16, 2026.

What was the tax withholding share price in the EXTREME NETWORKS (EXTR) Form 4?
Shares withheld for taxes were valued at $24.41 per share. These dispositions reflect shares withheld from released stock awards to satisfy applicable income and payroll withholding taxes, rather than open-market sales by the reporting person.

What new RSU award did the officer of EXTREME NETWORKS (EXTR) receive?
The officer received a new time-based RSU award covering 65,620 Restricted Stock Units, convertible into an equal number of EXTR common shares. The award vests one-third after one year from the original grant date and 1/12 each quarter thereafter.

Were any Extreme Networks (EXTR) shares acquired or held through a trust?
Yes. Multiple transactions indicate shares are held indirectly through The Katayoun Motiey Trust U/A DTD 8/26/2011. Common stock from RSU conversions and performance awards was recorded as indirect ownership “by Trust” for the reporting person.

Did the EXTREME NETWORKS (EXTR) Form 4 involve the Employee Stock Purchase Plan?
A footnote states that an additional 65 shares are included in the reported total, reflecting a non-reportable purchase under the company’s Employee Stock Purchase Plan (ESPP), indicating some ownership also arises from employee share purchases.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Admin Sust Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/15/2026M2,605A$0123,504(1)Iby Trust(2)
Common Stock08/15/2026F1,162(3)D$24.41122,342Iby Trust(2)
Common Stock08/15/2026M5,611A$0127,953Iby Trust(2)
Common Stock08/15/2026F2,776(3)D$24.41125,177Iby Trust(2)
Common Stock08/15/2026M18,575A$0143,752Iby Trust(2)
Common Stock08/15/2026F9,210(3)D$24.41134,542Iby Trust(2)
Common Stock08/16/2026A22,431(4)A$0156,973Iby Trust(2)
Common Stock08/16/2026F11,122(3)D$24.41145,851Iby Trust(2)
Common Stock08/16/2026A18,593(5)A$0164,444Iby Trust(2)
Common Stock08/16/2026F9,219(3)D$24.41155,225Iby 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$008/15/2026M2,60508/15/2024(6)08/15/2026Common Stock2,605$00D
Restricted Stock Units$008/15/2026M5,61108/15/2025(6)08/15/2027Common Stock5,611$022,443D
Restricted Stock Units$008/15/2026M18,57508/15/2026(6)08/15/2028Common Stock18,575$037,205D
Restricted Stock Units$008/15/2026A65,62008/15/2027(6)08/15/2029Common Stock65,620$065,620D
Explanation of Responses:
1. An additional 65 shares are included in this total, reflecting non-reportable purchase of 65 shares in connection with the Company's Employee Stock Purchase Plan (ESPP).
2. Shares are held in The Katayoun Motiey Trust U/A DTD 8/26/2011
3. Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.
4. Represents shares of common stock issued to the Reporting Person pursuant to a performance award dated 08/15/2024. The number of shares earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee, which certification occurred on 08/16/2026.
5. Represents shares of common stock issued to the Reporting Person pursuant to a performance award dated 08/15/2025. The number of shares earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee, which certification occurred on 08/16/2026.
6. 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/ Daniel Ricks, Power of Attorney for Katayoun Motiey08/18/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR