MEYERCORD EDWARD 4

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.