MEYERCORD EDWARD 4
4 · EXTREME NETWORKS INC · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Extreme Networks (EXTR) CEO Edward Meyercord Sells Shares
What Happened
Edward Meyercord, President & CEO (and director) of Extreme Networks, reported sales of 100,000 shares in two open-market transactions: 78,791 shares on 2026-05-04 at a weighted average price of $23.06 ($1,816,889) and 21,209 shares on 2026-05-05 at a weighted average price of $23.12 ($490,288). Total proceeds were about $2.31 million. These were sales (not purchases), and were executed pursuant to a pre-established 10b5-1 trading plan.
Key Details
- Transaction dates: 2026-05-04 (78,791 sh) and 2026-05-05 (21,209 sh).
- Reported weighted-average prices and proceeds: $23.06 ($1,816,889) and $23.12 ($490,288); combined ≈ $2,307,177.
- Footnotes: Sales made under a 10b5-1 plan dated 08/28/2025 (F1). Price columns are weighted averages; trades executed across price ranges of $23.00–$23.20 (F2) and $23.00–$23.28 (F3). The filer offers to provide a breakdown of individual trade prices on request.
- Shares owned after the transactions: Not specified in the provided extract — refer to the full Form 4 for post-sale holdings.
- Filing timing: Form filed 2026-05-06 for trades on 05-04 and 05-05; appears to be filed within normal reporting windows.
Context
- Trades under a 10b5-1 plan are pre-scheduled and are commonly used by insiders to systematically sell shares; they are generally viewed as routine rather than a direct signal of current sentiment.
- This report documents outright sales (code S), not option exercises, gifts, or awards.
Insider Transaction Report
Form 4
MEYERCORD EDWARD
DirectorPRESIDENT AND CEO
Transactions
- Sale
Common Stock
[F1][F2]2026-05-04$23.06/sh−78,791$1,816,889→ 1,818,479 total - Sale
Common Stock
[F1][F3]2026-05-05$23.12/sh−21,209$490,288→ 1,797,270 total
Footnotes (3)
- [F1]Transaction pursuant to the Reporting Person's 10b5-1 Plan dated 08/28/2025.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.00 to $23.20 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]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.00 to $23.28 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.
Signature
/s/ Daniel Ricks, Power of Attorney for Edward Meyercord|2026-05-06