Chief Legal Officer Sells Nearly $1 Million in Stock Near 52-Week High
EXTR has more than doubled off its 52-week low of $13.475.
Summary
A key officer at Extreme Networks sold nearly $1 million worth of company stock, adding to recent insider selling activity as the stock approaches its annual high.
Key Events · Ownership and Investor Activity · EXTR
-
Officer Sells Shares
Katayoun Motiey, Chief Legal Administrative and Sustainability Officer, disposed of 30,000 shares of common stock.
-
Significant Value
The transaction totaled $930,762, representing a notable personal sale by a C-suite executive.
-
Timing Near Highs
The sale occurred on June 12, 2026, with the stock trading near its 52-week high of $31.565, potentially indicating profit-taking.
-
Insider Distribution Trend
This sale contributes to a net insider distribution of over $14.7 million in open-market sales by 6 insiders over the last 90 days.
Analysis · EXTR · Technology
Katayoun Motiey, the Chief Legal Administrative and Sustainability Officer, sold a substantial amount of company stock, totaling $930,762. This sale, occurring while the stock trades near its 52-week high, contributes to a broader trend of insider distribution observed over the past 90 days.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 30.5% of the 1973 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.21%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, EXTR was trading at $31.11 on NASDAQ in the Technology sector, with a market capitalization of approximately $4.1B. The 52-week trading range was $13.48 to $31.57. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.