Extreme Networks (EXTR) CEO exercises options and sells 50K shares

Rhea-AI Filing Summary

EXTREME NETWORKS INC President and CEO Edward Meyercord exercised a non-qualified stock option for 50,000 shares on March 2, 2026, converting it into common stock at $6.70 per share. He then sold 50,000 common shares at a weighted average price of $13.9441 per share under a pre-established Rule 10b5-1(c) trading plan adopted on August 28, 2025, and reported owning 1,897,270 common shares directly after these transactions.

Insider Trade Summary

Net Seller: 50,000 shares ($697,205)

Net Sell 3 txns

Insider MEYERCORD EDWARD

Role PRESIDENT AND CEO

Sold 50,000 shs ($697K)

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Stock Option (right to buy)	50,000	$0.00	--
Exercise	Common Stock	50,000	$6.70	$335K
Sale	Common Stock	50,000	$13.9441	$697K

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 224,573 shares (Direct); Common Stock — 1,947,270 shares (Direct)

Footnotes (1)

1. Adoption date of referenced 10b5-1(c) plan is: 08-28-2025 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.57 to $14.25 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. This time based Stock Option Grant vested as to 1/4 on 8/31/2020 and 1/16 each quarter thereafter.

Form 4 Insider Transactions: What Each Field Means →

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)
03/02/2026

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	03/02/2026		M		50,000	A	$6.7	1,947,270	D
Common Stock	03/02/2026		S		50,000(1)	D	$13.9441(2)	1,897,270	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
Non-Qualified Stock Option (right to buy)	$6.7	03/02/2026		M			50,000	08/31/2020(3)	08/28/2026	Common Stock	50,000	$0	224,573	D

Explanation of Responses:

1. Adoption date of referenced 10b5-1(c) plan is: 08-28-2025

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.57 to $14.25 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.

3. This time based Stock Option Grant vested as to 1/4 on 8/31/2020 and 1/16 each quarter thereafter.

	/s/ Katayoun ("Katy") Motiey, Power of Attorney for Ed Meyercord	03/03/2026
	** 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.

FAQ

What insider transactions did EXTR CEO Edward Meyercord report on this Form 4?

Edward Meyercord reported exercising a non-qualified stock option for 50,000 shares and selling 50,000 common shares of Extreme Networks on March 2, 2026. The exercise converted options into stock, followed by an open-market sale of the same share amount.

At what prices did the EXTR CEO exercise and sell his Extreme Networks shares?

Meyercord’s option exercise converted 50,000 shares at an exercise price of $6.70 per share. He then sold 50,000 common shares at a weighted average price of $13.9441, with individual trades ranging from $13.57 to $14.25 per share.

Was the EXTR CEO’s Extreme Networks stock sale under a Rule 10b5-1 trading plan?

Yes. The filing notes the sale was made under a Rule 10b5-1(c) trading plan adopted on August 28, 2025. Such plans pre-schedule trades, allowing executives to systematically sell shares according to predetermined instructions.

How many Extreme Networks shares does the EXTR CEO hold after these transactions?

After exercising options and selling shares, Edward Meyercord reported direct ownership of 1,897,270 shares of Extreme Networks common stock. This figure reflects his holdings immediately following the March 2, 2026 transactions disclosed in the Form 4 filing.

What type of derivative security did the EXTR CEO exercise in this Form 4?

He exercised a Non-Qualified Stock Option (right to buy) covering 50,000 shares. A footnote explains this time-based stock option grant vested one-quarter on August 31, 2020 and in one-sixteenth increments each quarter thereafter.

Is the EXTR CEO’s reported stock sale classified as an open-market transaction?

Yes. The Form 4 labels the 50,000-share common stock transaction with code S, described as a sale in the open market or private transaction. The price reported is a weighted average across multiple trades within a specified price range.