Home / Auditor changes / EXTREME NETWORKS INC
Filed 2026-08-26 路 Form 8-K 路 Accession 0001193125-26-368873 mid
Price before filing: $22.63 (2026-08-25 close, split/dividend-adjusted)
Market cap at flag: $2.94B (2026-08-26) 路 Latest: $2.80B (2026-10-16)
| Window | EXTR | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -4.9% | +1.0% | -5.9% | 2026-09-25 |
| 90 days | pending | pending | until 2026-11-24 | |
| 180 days | pending | pending | until 2027-02-22 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 4 insiders sold $10.9M (13 sales)
30 days after: 1 insider sold $1.1M (1 sale)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-06-01 | MEYERCORD EDWARD PRESIDENT AND CEO, Director | Sale | 8,600 | $27.03 | $232K | yes | Form 4 |
| 2026-06-01 | MEYERCORD EDWARD PRESIDENT AND CEO, Director | Sale | 41,400 | $27.77 | $1.1M | yes | Form 4 |
| 2026-06-01 | MOTIEY KATAYOUN Chief Legal Admin Sust Officer | Sale | 7,500 | $28.00 | $210K | yes | Form 4 |
| 2026-06-02 | MEYERCORD EDWARD PRESIDENT AND CEO, Director | Sale | 100,000 | $29.20 | $2.9M | yes | Form 4 |
| 2026-06-02 | MOTIEY KATAYOUN Chief Legal Admin Sust Officer | Sale | 7,500 | $29.00 | $218K | yes | Form 4 |
| 2026-06-08 | MOTIEY KATAYOUN Chief Legal Admin Sust Officer | Sale | 7,500 | $30.00 | $225K | yes | Form 4 |
| 2026-06-11 | RHODES KEVIN R EVP Chief Financial Officer | Sale | 35,000 | $30.43 | $1.1M | no | Form 4 |
| 2026-06-12 | MOTIEY KATAYOUN Chief Legal Admin Sust Officer | Sale | 30,000 | $31.03 | $931K | no | Form 4 |
| 2026-07-01 | MEYERCORD EDWARD PRESIDENT AND CEO, Director | Sale | 50,000 | $31.71 | $1.6M | yes | Form 4 |
| 2026-08-03 | MEYERCORD EDWARD PRESIDENT AND CEO, Director | Sale | 24,573 | $29.78 | $732K | yes | Form 4 |
| 2026-08-03 | MEYERCORD EDWARD PRESIDENT AND CEO, Director | Sale | 25,427 | $29.79 | $757K | yes | Form 4 |
| 2026-08-10 | Khanna Raj Director | Sale | 15,000 | $24.20 | $363K | yes | Form 4 |
| 2026-08-21 | RHODES KEVIN R EVP Chief Financial Officer | Sale | 21,825 | $22.30 | $487K | yes | Form 4 |
| 2026-08-26: red flag filed | |||||||
| 2026-09-01 | MEYERCORD EDWARD PRESIDENT AND CEO, Director | Sale | 50,000 | $21.90 | $1.1M | yes | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-28 to 2026-09-25. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"(the "Company") approved the dismissal of Grant Thornton LLP ("GT") as the Company's independent registered public accounting firm."
Quoted from the filing. Source
The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.
Type: dismissed
Disagreements reported: no
Former auditor: Grant Thornton LLP · New auditor: Deloitte & Touche LLP
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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