---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-261213"
form_type: "8-K"
ticker: "EXTR"
cik: "0001078271"
company_name: "EXTREME NETWORKS INC"
filed_at: "2022-10-12T23:59:59+00:00"
generated_at: "2026-06-23T03:59:57.003922+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Extreme Networks discloses former employee sold $645K in products to Russian sanctioned company

## Summary
- Total misappropriated product sales from 2018-2021 estimated at $645,000, less than 0.01% of global revenue.
- Distributor scheme involved a front business (DEMZ) for MMZ Avangard, a Russian military contractor subsidiary.
- Former employee terminated for performance continued scheme after joining the distributor.
- Extreme ceased operations in Russia in March 2022; investigation ongoing with outside counsel Latham & Watkins.
- Company notified U.S. regulators and is reviewing potential involvement of other current/former employees.

## SEC filing metadata
- accession: 0001193125-22-261213
- form_type: 8-K
- ticker: EXTR
- cik: 0001078271
- company_name: EXTREME NETWORKS INC
- filed_at: 2022-10-12T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1078271/000119312522261213/0001193125-22-261213-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1078271/000119312522261213/d407295d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-261213
- JSON: https://secwatch.observer/filing/0001193125-22-261213.json
- Plain text: https://secwatch.observer/filing/0001193125-22-261213.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.