Form 4: Extreme Networks Director Pasek Receives RSU Grant
Insider Equity Grant Disclosure
Extreme Networks Director Ronald J. Pasek was granted 11,075 restricted stock units, aligning his interests with shareholders.
Summary
- Ronald J. Pasek, a Director of Extreme Networks Inc. (EXTR), was granted 11,075 Restricted Stock Units (RSUs).
- The grant was made pursuant to the Extreme Networks, Inc. 2013 Equity Incentive Plan.
- These RSUs have a conversion or exercise price of $0.
- The RSUs vest on the earlier of November 12, 2026, or the next annual meeting of stockholders.
- Following this transaction, Ronald J. Pasek beneficially owns 11,075 derivative securities (RSUs).
Sentiment
Score: 6
Explanation: Slightly positive as it indicates continued alignment of a director's interests with the company's long-term performance through an equity grant, which is a standard practice for executive compensation.
Positives
- The grant of 11,075 Restricted Stock Units to Director Ronald J. Pasek aligns his interests with those of the company's shareholders.
- The equity incentive plan encourages long-term commitment and performance from key personnel.
Negatives
- No negative information was disclosed in this Form 4 filing.
Risks
- No specific risks were mentioned in this Form 4 filing.
Future Outlook
This filing does not contain forward-looking statements or guidance regarding the company's future performance.
Industry Context
This is a routine insider equity grant, common practice across industries to incentivize and retain directors and executives by aligning their financial interests with long-term shareholder value. It does not provide specific insights into broader industry trends or competitive positioning.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Incentive Plan Utilization | The grant of Restricted Stock Units was made pursuant to the Extreme Networks, Inc. 2013 Equity Incentive Plan. | 01/05/2026 | Utilizes an existing equity plan to incentivize director, aligning their interests with long-term shareholder value. |
Stakeholder Impact
- Shareholders: The grant aligns the director's financial interests with long-term shareholder value, potentially encouraging decisions that benefit the stock price.
Next Steps
- The 11,075 Restricted Stock Units will vest on the earlier of November 12, 2026, or the next annual meeting of stockholders.
Key Dates
| Date | Description |
|---|---|
| 01/05/2026 | Date of earliest transaction (grant date of RSUs) |
| 01/20/2026 | Signature date of the filing |
| 11/12/2026 | Vesting date and expiration date for the Restricted Stock Units, or earlier if the next annual meeting occurs before this date. |
Keywords
Extreme Networks, EXTR, Ronald J. Pasek, Director, Restricted Stock Units, RSU, Equity Grant, Insider Transaction, Form 4, Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.