Extreme Networks (EXTR) Director Raj Khanna Sells 15,000 Shares

What Happened
Raj Khanna, a director of Extreme Networks, sold 15,000 shares of EXTR on August 10, 2026. The shares were disposed at a weighted average price of $24.20 per share (price range $24.2000–$24.2050), for aggregate proceeds of about $363,002. The sale was reported as an S (sale) transaction.

Key Details

• Transaction date: 2026-08-10; Form 4 filed 2026-08-11 (timely filing).
• Shares sold: 15,000; weighted average price: $24.20; price range: $24.2000–$24.2050.
• Proceeds: $363,002 (approx.).
• Footnote F1: Sale executed pursuant to Raj Khanna’s 10b5‑1 plan dated 09/02/2025 (pre‑arranged trading plan).
• Footnote F3: Shares are held in The Khanna 2002 Revocable Trust (Raj and Madhu Khanna, Trustees).
• The filing does not list the total number of EXTR shares owned by the reporting person after this sale in the provided excerpt.

Context
This was a sale under a 10b5‑1 trading plan, which typically indicates the trades were pre‑scheduled and not necessarily a real‑time signal of the insider’s view. Sales are common among insiders for diversification or liquidity; purchases generally receive more attention as potential bullish signals.