MEYERCORD EDWARD 4

What Happened Edward Meyercord, President, CEO and a director of Extreme Networks (EXTR), sold 100,000 shares of company stock on 2026-05-26 in an open-market transaction. The reported weighted-average price was $26.10 per share (range $26.00–$26.28), for total proceeds of approximately $2,609,590. This sale was made pursuant to a pre-established 10b5-1 trading plan dated 08/28/2025.

Key Details

• Transaction date: 2026-05-26; Form 4 filed on 2026-05-28 (appears timely under the typical 2-business-day filing rule).
• Transaction type: Sale (open market) — 100,000 shares; weighted-average price $26.10; price range $26.00–$26.28.
• Total proceeds: ~$2,609,590.
• Footnotes: F1 — sale executed under the Reporting Person's 10b5-1 plan (08/28/2025). F2 — reported price is a weighted average; detailed per-price breakdown available on request.
• Shares owned after the transaction: Not disclosed in the information provided.

Context Sales made under a 10b5-1 plan are pre-arranged and generally indicate planned, not opportunistic, selling; they are common for insiders managing diversification or liquidity needs and are not, by themselves, a clear signal about future company prospects. Retail investors should consider this alongside other insider activity and company fundamentals.