Quick Takeaways
- This page summarizes Edward Meyercord's Form 4 filing for EXTREME NETWORKS INC (EXTR).
- 3 reported transactions and 1 derivative row are listed below.
- Filing timestamp: 02 May 2025, 17:49.
Edward Meyercord - 01 May 2025 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)
- Signature
- /s/ Katayoun ("Katy") Motiey, Power of Attorney for Ed Meyercord
- Issuer symbol
- EXTR
- Transactions as of
- 01 May 2025
- Net transactions value
- -$262,036
- Form type
- 4
- Filing time
- 02 May 2025, 17:49:50 UTC
- Previous filing
- 02 Apr 2025
- Next filing
- 16 May 2025
- SEC
- View on sec.gov
Quoteable Key Fact
"Edward Meyercord filed Form 4 for EXTREME NETWORKS INC (EXTR) on 02 May 2025."
What Changed
- Previous filing in this sequence was filed on 02 Apr 2025.
- Current net transaction value: -$262,036.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Official SEC Source
Reporting Owners (1)
| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| MEYERCORD EDWARD | PRESIDENT AND CEO, Director | 2121 RDU CENTER DR., MORRISVILLE | /s/ Katayoun ("Katy") Motiey, Power of Attorney for Ed Meyercord | 02 May 2025 | 0001179945 |
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EXTR | Common Stock | Options Exercise | $228,640 | +35,725 | +2.4% | $6.40 | 1,546,444 | 01 May 2025 | Direct | |
| transaction | EXTR | Common Stock | Sale | $490,676 | -35,725 | -2.3% | $13.73 | 1,510,719 | 01 May 2025 | Direct | F1, F2 |
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EXTR | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -35,725 | -6.3% | $0.000000 | 531,748 | 01 May 2025 | Common Stock | 35,725 | $6.70 | Direct | F3 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | Adoption date of referenced 10b5-1(c) plan is: 02-22-2024 |
| F2 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.24 to $13.99 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. |
| F3 | This time based Stock Option Grant vested as to 1/4 on 8/31/2020 and 1/16 each quarter thereafter. |