EXTR EXTREME NETWORKS INC
Price Chart
Executive Summary
CEO Edward Meyercord sold $2.9M in open-market shares on June 2, 2026, following derivative exercises and a smaller sale on June 1. The total cluster value of $427K (excluding the June 2 sale which falls outside the 7-day window) represents ~0.01% of EXTR's $3.7B market cap, making it trivial in scale. The CEO's June 2 sale is larger but still immaterial at ~0.08% of market cap.
Key Financial Metrics
Actionable Insight
Insider sales are trivial relative to market cap and likely driven by CEO derivative exercise and routine diversification. The cluster is not informative — no bearish signal. Monitor for any upcoming earnings or material events that could explain the timing, but no immediate action warranted.
Key Facts
- CEO Edward Meyercord sold 100,000 shares at $29.195 on June 2, 2026, for $2.9M
- CEO also sold 8,600 shares at $27.027 on June 1, 2026, for $232K
- CEO exercised 50,000 derivative shares at $6.70 on June 1, 2026, for $335K
- Chief Legal Admin Sust Officer Katayoun Motiey sold 7,500 shares at $26.00 on May 26, 2026, for $195K
- Total cluster value of $427K is ~0.01% of EXTR's $3.7B market cap
- CEO's June 2 sale of $2.9M is ~0.08% of market cap, still immaterial
Financial Impact
Total insider sales of $427K in the 7-day window, plus an additional $2.9M from the CEO on June 2, all below 0.1% of market cap
Risk Factors
- CEO sold a meaningful absolute dollar amount ($2.9M) on June 2, which could indicate personal liquidity needs or a bearish view, but the size relative to market cap is negligible
- No other C-suite insiders sold, reducing the likelihood of coordinated negative information
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-EXTR-1780437966912 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 2, 2026
2d ago
|
Insider Cluster
| — | awaiting T+5 | — | — |
|
May 28, 2026
7d ago
|
Insider Cluster
| $26.51 $28.79 | ▲ +8.60% | ▲ +8.89% | $28.14 (+6.15%) |
|
May 28, 2026
7d ago
|
Insider Cluster
| — | awaiting T+5 | — | — |
|
May 18, 2026
17d ago
|
Insider Cluster
| — | awaiting T+5 | — | — |
|
May 1, 2026
5w ago
|
Insider Cluster
| $22.29 $23.52 | ▲ +5.52% | ▲ +3.17% | $28.14 (+26.24%) |
|
May 1, 2026
5w ago
|
Insider Cluster
| $22.29 $23.52 | ▲ +5.52% | ▲ +3.17% | $28.14 (+26.24%) |
|
Apr 29, 2026
5w ago
|
8-K
| — | awaiting T+5 | — | — |
US Market Status
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