RHODES KEVIN R 4
4 · EXTREME NETWORKS INC · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Extreme Networks (EXTR) CFO Kevin Rhodes Sells 35,000 Shares
What Happened
Kevin R. Rhodes, Chief Financial Officer of Extreme Networks, sold 35,000 shares in an open-market transaction on June 11, 2026. The reported weighted-average sale price was $30.43 per share, for total proceeds of approximately $1,065,054. The shares were sold in multiple trades at prices ranging from $30.33 to $30.55 per share.
Key Details
- Transaction date: 2026-06-11 (reported on Form 4 filed 2026-06-12)
- Transaction type: Sale (open-market) — 35,000 shares
- Reported weighted-average price: $30.43; reported price range: $30.33–$30.55 (per footnote)
- Gross proceeds: ~$1,065,054
- Shares owned after transaction: Not specified in the details provided here — see the full Form 4 for post-transaction holdings
- Footnote: F1 states the reported price is a weighted average and the seller can provide a breakdown of shares sold at each price within the stated range upon request
- Filing timeliness: Filed the next day (appears timely based on the dates provided); no late-filing flag indicated
Context
This was an outright open-market sale (no options exercise or gift noted). Sales by executives can be routine liquidity events and are not, by themselves, evidence of company-specific problems; investors should consider this trade alongside other insider transactions, company fundamentals, and news. For complete holdings and any additional disclosures (e.g., 10b5-1 plans or tax withholding), review the full Form 4 filing.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-06-11$30.43/sh−35,000$1,065,054→ 151,296 total
Footnotes (1)
- [F1]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.33 to $30.55 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.