Extreme Networks President and CEO Edward Meyercord reported open-market sales of 100,000 shares of the company’s Common Stock. The transactions occurred on May 4, 2026 and May 5, 2026 at weighted average prices of $23.0596 and $23.117 per share, respectively.
After these sales, Meyercord directly holds 1,797,270 shares of Extreme Networks Common Stock. The filing notes that the transactions were executed pursuant to his Rule 10b5-1 trading plan dated August 28, 2025, and that prices reflect weighted averages across multiple trades within narrow price ranges.
Extreme Networks director Raj Khanna, through The Khanna 2002 Revocable Trust, reported an open-market sale of 10,000 shares of common stock on May 5, 2026 at a weighted average price of about $23.2002 per share, in trades ranging from $23.20 to $23.21.
The transaction was executed under a pre-arranged Rule 10b5-1 trading plan dated September 2, 2025. Following this sale, the trust continues to hold 210,062 shares indirectly attributed to Khanna.
Extreme Networks director Edward H. Kennedy reported an indirect open-market sale of common stock through the Edward and Maureen Kennedy Living Trust. On May 4, 2026, the trust sold 50,000 shares at a weighted average price of $22.8585 per share.
According to the filing, the sale occurred in multiple trades at prices ranging from $22.80 to $23.115 per share. After these transactions, the trust’s indirect holdings stand at 576,045 shares of Extreme Networks common stock.
EXTREME NETWORKS INC director Raj Khanna reported two open-market sales of common stock executed by The Khanna 2002 Revocable Trust. The trust sold 3,204 shares on April 30, 2026 and 6,796 shares on May 1, 2026 at $22.20 per share under a Rule 10b5-1 plan dated 09/02/2025, and now holds 220,062 shares indirectly.
EXTREME NETWORKS INC president and CEO Edward Meyercord reported an exercise-and-sell transaction in company stock. He exercised 50,000 stock options at $6.70 per share and sold 50,000 common shares in open-market trades at a weighted average price of $22.0844 per share.
The sales were made in multiple transactions between $21.70 and $22.41 per share under a Rule 10b5-1(c) trading plan adopted on August 28, 2025. After these transactions, Meyercord directly holds 1,897,270 common shares and retains 124,573 non-qualified stock options with a $6.70 exercise price expiring on August 28, 2026.
EXTR submitted a Form 144 notice reporting a proposed sale of 50,000 shares of Class A Common stock by an affiliate using Goldman Sachs & Co. LLC as broker-dealer, with a filing date of 05/04/2026. The 50,000 shares arise from two restricted stock award grants: 13,354 shares granted 11/12/2025 and 36,646 shares granted 11/04/2021.
Morgan Stanley Smith Barney LLC Executive Financial Services filed a Form 144 disclosing 100,000 Restricted Stock Units proposed to be sold. The filing also lists 10b5-1 sales by Edward Meyercord of 50,000 shares on 03/02/2026, 50,000 on 04/01/2026, and 50,000 on 05/01/2026 with the listed proceeds for each trade.
Extreme Networks, Inc. reported solid improvement for the quarter ended March 31, 2026. Total net revenues reached $316,874 thousand, up from $284,505 thousand a year earlier, driven by both product and subscription and support sales. EMEA and APAC delivered strong growth, while Americas revenue declined, reflecting a shift in geographic mix.
Net income rose to $10,590 thousand, compared with $3,458 thousand in the prior-year quarter, and diluted earnings per share increased to $0.08. Gross profit expanded as revenue grew faster than cost of revenues, though operating expenses also increased, largely from higher sales and marketing and share-based compensation.
For the nine months, revenues were $945,044 thousand and net income was $24,077 thousand, a marked improvement from near break-even a year earlier. The company generated $50,333 thousand of cash from operating activities, down from $70,092 thousand, while ending the period with $210,113 thousand in cash and cash equivalents and total debt of $197,294 thousand. Extreme continued returning capital to shareholders, repurchasing 3,534,831 shares for $55,121 thousand under a $200,000 thousand authorization.