Form 4: Extreme Networks CEO Sells Shares
Insider Transaction (Form 4)
Edward Meyercord, PRESIDENT AND CEO and a Director of Extreme Networks Inc, sold 50,000 shares of common stock on October 1, 2026 for $21.77 per share.
Summary
- Open-market sale: disposed of 50,000 Common Stock at $21.77 ($1,088,585) on October 1, 2026; holds 1,710,097 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $1,088,585 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Edward Meyercord — Director, Officer (PRESIDENT AND CEO)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-01 | Open-market sale | Common Stock | 50,000 | $22 | $1.1M | 1,710,097 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-01 | Open-market sale (50,000 shares) |
Keywords
insider transaction, Form 4, EXTR, EXTREME NETWORKS INC, bearish, Edward Meyercord
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