Extreme Networks Sets Director Compensation at $110,000 Annual Retainer Plus Equity Grants

Reuters01-07
Extreme Networks Sets Director Compensation at $110,000 Annual Retainer Plus Equity Grants

Extreme Networks Inc. has appointed Ron Pasek to its Board of Directors, effective immediately. For his service, Pasek will receive a pro rata portion of the $110,000 annual retainer provided to non-employee directors. He is also eligible for additional pro-rata annual fees of $12,500, $10,000, or $5,000 for serving on the Audit, Compensation, or Nominating and Corporate Governance committees, respectively. Upon his appointment, Pasek was granted a restricted stock unit award for 11,075 shares under the company’s 2013 Equity Incentive Plan, with the award vesting on the earlier of the next annual stockholder meeting or November 12, 2026, and vesting immediately in full upon certain changes in control or ownership of the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Extreme Networks Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-005441), on January 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment