EXTR EXTREME NETWORKS INC
Price Chart
Executive Summary
CEO Edward Meyercord and Chief Legal Officer Katayoun Motiey sold a combined $2.8M in open-market sales on May 26, 2026. The CEO's $2.61M sale represents 0.075% of EXTR's $3.5B market cap — a trivial proportion that falls well below the 0.1% materiality threshold, making this cluster routine and non-informative per the proportionality check.
Key Financial Metrics
Actionable Insight
The dollar value is too small relative to market cap to warrant a bearish read. Monitor the next 8-K or earnings release for any operational update, but this cluster alone does not signal material insider concern. The CEO's sale is consistent with routine portfolio diversification or a pre-arranged 10b5-1 plan.
Key Facts
- CEO Edward Meyercord sold 100,000 shares at $26.10 for $2.61M
- Chief Legal Officer Katayoun Motiey sold 7,500 shares at $26.00 for $195K
- Total cluster value of $2.80M is only 0.08% of EXTR's $3.5B market cap
- Both sales occurred on the same day (May 26, 2026), suggesting a common blackout-window opening or 10b5-1 plan rather than coordinated bearish signaling
- No open-market purchases were made by any insider in the cluster window
Financial Impact
Total insider sales of $2.80M represent 0.08% of market cap — economically trivial
Risk Factors
- If a material adverse event (e.g., guidance cut, customer loss) surfaces in the next 30 days, these sales could be viewed as opportunistic in hindsight
- The cluster's timing near a potential earnings blackout window could indicate insiders selling ahead of a quiet period
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-EXTR-1779999953649 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 12, 2026
2d ago
|
Insider Cluster
| $31.10 awaiting T+1 | awaiting T+1 | — | $31.11 (+0.03%) |
|
Jun 8, 2026
6d ago
|
Insider Cluster
| $29.58 awaiting T+1 | awaiting T+1 | — | $31.11 (+5.19%) |
|
Jun 2, 2026
12d ago
|
Insider Cluster
| $28.79 $29.61 | ▲ +2.85% | ▲ +2.45% | $31.11 (+8.06%) |
|
May 28, 2026
17d ago
|
Insider Cluster
| $26.51 $28.13 | ▲ +6.11% | ▲ +5.85% | $31.11 (+17.35%) |
|
May 28, 2026
17d ago
|
Insider Cluster
| $26.51 $28.13 | ▲ +6.11% | ▲ +5.85% | $31.11 (+17.35%) |
|
May 18, 2026
27d 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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