Form 4: Ed Meyercord Disposes 100,000 EXTR Shares Under 10b5-1 Plan

Rhea-AI Filing Summary

Ed Meyercord, President & CEO and a director of Extreme Networks, reported the sale of 100,000 shares of Common Stock on 08/06/2025. The Form 4 shows a weighted average reported price of $20.0797 and notes the shares were sold in multiple transactions at prices ranging from $20.00 to $20.45. Following the reported transactions, the filing shows Mr. Meyercord beneficially owned 1,441,282 shares.

The filing states the sales were executed pursuant to a trading plan adopted under Rule 10b5-1 on 02/22/2024. The Form 4 was signed by a power of attorney, Katayoun "Katy" Motiey, on 08/08/2025.

Positive

• Sale executed under a 10b5-1 trading plan (adoption date 02/22/2024), which documents pre-established trading intentions.
• Reporting person retains substantial ownership after the transaction (1,441,282 shares), as disclosed on the Form 4.

Negative

• Large insider sale of 100,000 shares was reported, which may attract investor attention to insider liquidity.
• Transaction required a Form 4 disclosure, confirming the director/CEO's material change in beneficial ownership on 08/06/2025.

Insights

Corporate Governance Expert

TL;DR: Routine Form 4 insider sale executed under a 10b5-1 plan; no additional disclosures of unusual terms.

The filing documents a 100,000-share sale by the CEO and director on 08/06/2025 with a reported weighted average price of $20.0797. The disclosure that the transactions were made under a Rule 10b5-1 plan adopted on 02/22/2024 is important for governance transparency because it indicates the trades were preplanned. The report shows continuing substantial ownership of 1,441,282 shares after the sale. The document is a standard Section 16 disclosure and presents no new corporate governance issues beyond the sale itself.

Securities Analyst

TL;DR: Insider sale is material in size but appears executed under a pre-established plan; information is factual and routine.

The Form 4 records the CEO disposing of 100,000 shares on 08/06/2025 with a weighted average price of $20.0797 and a disclosed price range of $20.00–$20.45. The filing confirms the sale was governed by a 10b5-1 trading plan adopted on 02/22/2024, and shows the reporting person retained 1,441,282 shares afterward. For investors, the disclosure clarifies the mechanics and timing of the trade but provides no new operational or financial information about the company.

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^*

MEYERCORD EDWARD

(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
X	Officer (give title below)		Other (specify below)
	PRESIDENT AND CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/06/2025

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	08/06/2025		S		100,000(1)	D	$20.0797(2)	1,441,282	D

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. Adoption date of referenced 10b5-1(c) plan is: 02-22-2024

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.45 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.

	/s/ Katayoun "Katy" Motiey, Power of Attorney for Ed Meyercord	08/08/2025
	** 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

When did Ed Meyercord sell shares of EXTR?

The Form 4 reports the sale occurred on 08/06/2025.

How many EXTR shares did the CEO sell?

The filing shows 100,000 shares were sold.

At what price were the EXTR shares sold?

The Form 4 reports a weighted average price of $20.0797 and notes transactions ranged from $20.00 to $20.45.

Was the EXTR sale part of a 10b5-1 trading plan?

Yes. The filing states the 10b5-1 plan adoption date was 02/22/2024.

How many EXTR shares does Ed Meyercord own after the sale?

Following the reported transactions, the filing shows he beneficially owned 1,441,282 shares.

Who signed the Form 4 for Ed Meyercord?

The Form 4 was signed by Katayoun "Katy" Motiey as Power of Attorney for Ed Meyercord on 08/08/2025.