Director Ingrid Burton of Extreme Networks Inc filed a Form 4 with the SEC on November 6, 2026, reporting both the vesting of existing restricted stock units and the grant of new restricted stock units on November 4, 2026.

Key Highlights

  • Transaction date: Both transactions reported occurred on November 4, 2026, according to the filing.
  • RSUs vested: 11,767 restricted stock units converted to common stock via transaction code M, acquired at a price of $0.
  • New RSU grant: 9,413 restricted stock units were acquired with an expiration date of November 4, 2027, also at a price of $0.
  • Direct holdings following transaction: Burton's directly held common stock totaled 105,284 shares after the reported transaction, as stated in Table I.
  • Plan basis: Both RSU transactions are described as grants pursuant to the Extreme Networks, Inc. 2013 Equity Incentive Plan.
  • Remaining derivative securities: Following the reported transactions, Burton held 9,413 derivative securities (restricted stock units) directly, per Table II.

Burton's RSU Activity on November 4, 2026, Under Extreme Networks' 2013 Equity Incentive Plan

According to the Form 4 filed on NASDAQ:EXTR, Ingrid Burton, a director of Extreme Networks Inc, was party to two distinct restricted stock unit transactions on November 4, 2026. The first involved the vesting, or conversion, of 11,767 restricted stock units into an equivalent number of shares of common stock, reported under transaction code M in Table II. The price associated with this conversion was listed as $0, and the underlying shares were added to Burton's direct holdings, bringing her total directly held common stock to 105,284 shares, as recorded in Table I of the filing.

The second transaction, also dated November 4, 2026, reflects the acquisition of 9,413 new restricted stock units under transaction code A. The filing's explanation of responses states that these units were granted pursuant to the Extreme Networks, Inc. 2013 Equity Incentive Plan and are set to vest "on the earlier of the one-year anniversary of the date of grant or the next annual meeting of stockholders (provided that such vesting period may not be less than 50 weeks after grant)." The expiration date for this new grant is listed as November 4, 2027. Following these transactions, Burton held 9,413 restricted stock units as derivative securities, all classified as direct ownership. The Form 4 was signed by Daniel Ricks under a Power of Attorney for Ingrid Burton on November 6, 2026.

What Was Disclosed

The filing reports two RSU-related transactions by Extreme Networks director Ingrid Burton on November 4, 2026: the vesting of 11,767 units into common stock and the grant of 9,413 new restricted stock units under the company's 2013 Equity Incentive Plan, leaving Burton with 105,284 directly held common shares and 9,413 remaining RSUs.