EXTR EXTREME NETWORKS INC
Price Chart
Executive Summary
CEO Edward Meyercord sold $2.61M worth of EXTR stock in a single open-market transaction on May 26, 2026, while the Chief Legal Officer sold an additional $195K on the same day. The cluster totals $2.80M in selling, representing ~0.076% of EXTR's $3.7B market cap — a trivial proportion. The CEO's sale is part of a broader pattern of insider selling over the prior 30 days ($3.6M total), and the cluster includes non-cash grant/exercise/withholding transactions by the CFO that carry no economic signal.
Key Financial Metrics
Actionable Insight
The selling is trivial relative to market cap and likely reflects routine diversification or pre-planned 10b5-1 sales. No bearish signal. Monitor EXTR's next earnings for any fundamental deterioration, but this cluster alone does not warrant action.
Key Facts
- CEO Edward Meyercord sold 100,000 shares at $26.10 on May 26, 2026, for $2.61M
- Chief Legal Officer Katayoun Motiey sold 7,500 shares at $26.00 on May 26, 2026, for $195K
- Total cluster open-market selling: $2.80M, or ~0.076% of EXTR's $3.7B market cap
- CFO Kevin Rhodes had non-cash grant/exercise/withholding transactions (no economic signal)
- Prior 30-day insider selling totaled $3.6M, consistent with routine diversification/10b5-1 patterns
- Historical performance on EXTR reports shows strong positive drift (+26.2% avg T+20), but this cluster is too small to drive a directional call
Financial Impact
Open-market selling of $2.80M, representing 0.076% of market cap — well below the 0.1% threshold for materiality
Risk Factors
- CEO selling could be misinterpreted by the market as a negative signal despite trivial size
- If the selling continues to escalate above 0.5% of market cap, it would become more concerning
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-EXTR-1780438955458 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 12, 2026
today
|
Insider Cluster
| $31.10 awaiting T+1 | awaiting T+1 | — | $31.11 (+0.03%) |
|
Jun 8, 2026
4d ago
|
Insider Cluster
| $29.58 awaiting T+1 | awaiting T+1 | — | $31.11 (+5.19%) |
|
Jun 2, 2026
10d ago
|
Insider Cluster
| $28.79 $29.61 | ▲ +2.85% | ▲ +2.45% | $31.11 (+8.06%) |
|
May 28, 2026
15d ago
|
Insider Cluster
| $26.51 $28.13 | ▲ +6.11% | ▲ +5.85% | $31.11 (+17.35%) |
|
May 28, 2026
15d ago
|
Insider Cluster
| $26.51 $28.13 | ▲ +6.11% | ▲ +5.85% | $31.11 (+17.35%) |
|
May 18, 2026
25d ago
|
Insider Cluster
| $23.54 $23.48 | ▼ −0.25% | ▼ −1.29% | $31.11 (+32.16%) |
|
May 1, 2026
6w ago
|
Insider Cluster
| $22.29 $22.84 | ▲ +2.47% | ▲ +2.81% | $31.11 (+39.57%) |
|
May 1, 2026
6w ago
|
Insider Cluster
| $22.29 $22.84 | ▲ +2.47% | ▲ +2.81% | $31.11 (+39.57%) |
|
Apr 29, 2026
6w ago
|
8-K
| $21.85 $22.09 | ▲ +1.10% | ▲ +0.08% | $31.11 (+42.38%) |
US Market Status
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