[Form 4] Extreme Networks Insider Trading Activity
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Insider Trade Summary
Exercise and Sale: 35,725 shares ($374K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
MEYERCORD EDWARD
Role
PRESIDENT AND CEO
Sold
35,725 shs ($614K)
Approx. gross sale proceeds
$614K
Approx. exercise cost
$239K
Approx. pre-tax spread
$374K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) | 35,725 | $0.00 | $0.00 |
| Exercise | Common Stock | 35,725 | $6.70 | $239K |
| Sale | Common Stock | 35,725 | $17.1812 | $614K |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 424,573 contracts (Direct);
Common Stock — 1,541,282 shares (Direct)
Footnotes (3)
- F1. Adoption date of referenced 10b5-1(c) plan is: 02-22-2024
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.87 to $17.36 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. This time based Stock Option Grant vested as to 1/4 on 8/31/2020 and 1/16 each quarter thereafter.
AI-generated analysis. How Rhea-AI works. Not financial advice.