The selling is nominal relative to market cap and typical for C-suite diversification. Monitor next insider filings for any acceleration in selling or emergence of a 10b5-1 plan, but no immediate trading catalyst is present.
Price Chart
Executive Summary
Two C-suite insiders at Extreme Networks (CFO and Chief Legal Officer) sold a combined ~$2.2M in open-market sales over a one-week period. The total dollar value is only ~0.05% of the company's $4.1B market cap, making this a routine and immaterial insider selling cluster.
Key Financial Metrics
Key Facts
- CFO Kevin R. Rhodes sold 35,000 shares on 6/11 at ~$30.43, netting $1.07M.
- Chief Legal Officer Katayoun Motiey sold 30,000 shares on 6/12 at ~$31.03, plus 7,500 shares on 6/8 at $30.00, total $1.16M.
- Aggregate insider selling of ~$2.2M represents just 0.054% of EXTR's $4.1B market cap.
- Both transactions are coded as open-market sales (Code S), with no indication of 10b5-1 plans.
Financial Impact
~$2.2M in insider selling over 7 days, equivalent to ~0.05% of market cap — immaterial.
Risk Factors
- Further insider selling above 0.5% of market cap would be a more meaningful signal.
- No adverse corporate events accompany this cluster, so risk of informed selling is low.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-EXTR-1781300324900 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 18, 2026 5w ago | DEFA14A | $22.73 $21.91 | ▼ −3.61% | ▼ −2.70% | $22.70 (−0.13%) |
Aug 26, 2026 8w ago | 8-K | $23.23 $21.64 | ▼ −6.84% | ▼ −6.34% | $22.70 (−2.28%) |
Aug 11, 2026 10w ago | Insider Cluster | $24.42 $21.18 | ▼ −13.27% | ▼ −11.37% | $22.70 (−7.04%) |
Aug 5, 2026 11w ago | 8-K | $26.19 $22.01 | ▼ −15.96% | ▼ −15.36% | $22.70 (−13.33%) |
Jul 30, 2026 12w ago | 8-K | $29.84 $23.23 | ▼ −22.15% | ▼ −26.12% | $22.70 (−23.93%) |
Jun 12, 2026 19w ago | Insider Cluster | $31.67 $32.91 | ▲ +3.92% | ▲ +4.67% | $22.70 (−28.32%) |
Jun 8, 2026 20w ago | Insider Cluster | $28.73 $30.02 | ▲ +4.49% | ▲ +3.04% | $22.70 (−20.99%) |
Jun 2, 2026 20w ago | Insider Cluster | $28.79 $29.80 | ▲ +3.51% | ▲ +4.51% | $22.70 (−21.15%) |
May 28, 2026 21w ago | Insider Cluster | $26.51 $31.98 | ▲ +20.63% | ▲ +22.43% | $22.70 (−14.37%) |
May 28, 2026 21w ago | Insider Cluster | $26.51 $31.98 | ▲ +20.63% | ▲ +22.43% | $22.70 (−14.37%) |
US Market Status
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