HOLMGREN KATHLEEN M 4
Research Summary
AI-generated summary
Extreme Networks Director Kathleen Holmgren Sells 19,521 Shares
What Happened
Kathleen M. Holmgren, a director of Extreme Networks Inc. (EXTR), sold 19,521 shares in an open-market transaction on May 15, 2026. The reported weighted-average sale price was $24.78 per share, for total proceeds of approximately $483,783. This was a sale (transaction code S), which is often a routine liquidity event rather than a direct signal about company fundamentals.
Key Details
- Transaction date: May 15, 2026 (filed with the SEC on May 18, 2026).
- Price: Reported weighted-average $24.78; individual sale prices ranged from $24.7741 to $24.8300 per share (see footnote F1).
- Shares sold: 19,521; approximate proceeds $483,783.
- Shares owned after transaction: Not specified in the provided filing; footnote F2 states the shares are held in the Holmgren Family Rev Living Trust with Kathleen Holmgren as trustee.
- Footnotes: F1 explains the weighted-average and price range and offers to provide breakdowns on request. F2 notes holdings are in a family revocable living trust.
- Timeliness: Filing date is May 18, 2026 (3 calendar days after the trade). No late-filing flag was provided in the supplied data.
Context
- Sales by non-employee directors are common and can be routine portfolio-management or trust-related transactions; they do not necessarily indicate insider negative views.
- Because this was an open-market sale (not a derivative exercise, gift, or 10b5-1 plan noted), it represents a straightforward disposal of shares.