use ST_Transform
Returns a new geometry with its coordinates transformed to spatial reference system referenced by the SRID integer parameter. The destination SRID must exist in the SPATIAL_REF_SYS table.
ST_Transform is often confused with ST_SetSRID(). ST_Transform actually changes the coordinates of a geometry from one spatial reference system to another, while ST_SetSRID() simply changes the SRID identifier of the geometry
SELECT ST_AsText(ST_Transform(ST_GeomFromText('POLYGON((743238 2967416,743238 2967450,
743265 2967450,743265.625 2967416,743238 2967416))',2249),4326)) As wgs_geom;
wgs_geom
---------------------------
POLYGON((-71.1776848522251 42.3902896512902,-71.1776843766326 42.3903829478009,
-71.1775844305465 42.3903826677917,-71.1775825927231 42.3902893647987,-71.177684
8522251 42.3902896512902));
(1 row)
http://www.postgis.org/docs/ST_Transform.html
For you
feature_data(ST_Transform(ST_GeomFromText(ASTEXT(ST_EXTENT(ST_Envelope(wkb_geometry))),YOUR_SRID),4326))
Change 'YOUR_SRID' to your data SRID