Kevin R. Rhodes, Executive Vice President and Chief Financial Officer of Extreme Networks Inc, filed a Form 4 on August 21, 2026, disclosing the sale of 21,825 shares of common stock pursuant to a pre-established 10b5-1 trading plan.

Key Highlights

  • Shares sold: 21,825 shares of Extreme Networks common stock were disposed of on August 21, 2026.
  • Sale price: Shares were sold at $22.3 per share.
  • Remaining ownership: Rhodes directly holds 196,803 shares following the transaction.
  • 10b5-1 Plan: The transaction was made pursuant to a Rule 10b5-1 plan dated May 22, 2026.
  • Filer role: Rhodes is identified as EVP Chief Financial Officer of Extreme Networks Inc (NASDAQ:EXTR).

Kevin Rhodes Discloses Planned Share Sale at Extreme Networks

According to the Form 4 filed with the SEC on August 21, 2026, Kevin R. Rhodes, EVP Chief Financial Officer of Extreme Networks Inc, sold 21,825 shares of common stock at a price of $22.3 per share. The filing indicates the transaction was coded "S" (a sale) and the shares were disposed of directly. Following the transaction, Rhodes directly beneficially owns 196,803 shares of Extreme Networks common stock.

The filing notes, via footnote, that the transaction was executed "pursuant to the Reporting Person's 10b5-1 Plan dated 05/22/2026." The Form 4 also indicates the filing box for Rule 10b5-1(c) was checked, reflecting that the sale was made under a pre-arranged written trading plan intended to satisfy the affirmative defense conditions of that rule. The form was signed by Daniel Ricks as power of attorney for Kevin R. Rhodes on August 21, 2026.

No derivative securities transactions were reported in Table II of the filing. The ownership form for the remaining 196,803 shares is listed as direct. Extreme Networks Inc trades on NASDAQ under the ticker EXTR, as stated on the filing's cover.

What Was Disclosed

The filing discloses the sale of 21,825 shares of Extreme Networks common stock by CFO Kevin R. Rhodes at $22.3 per share on August 21, 2026, under a 10b5-1 plan established May 22, 2026, leaving him with 196,803 directly held shares.