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 |
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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