Elastic (ESTC)

=== SEC Schedule 13D — Beneficial Ownership === Issuer: Elastic N.V. Issuer CIK: 0001707753 Class: COMMON STOCK CUSIP: N14506104 Event Date: 2026-08-19 Amendment: yes #2 --- Reporting Persons --- - PICTET ASSET MANAGEMENT SA (0001361570) 5393567.00 sh 5.2% IA --- Item 3 Source of Funds --- The Reporting Person acquired the shares of common stock of Elastic NV on behalf of its institutional clients who are managed on a discretionary basis. The purchase cost is approximately USD 400,837,088.72. The source of the funds comes from our institutional clients' assets The funds used for the acquisition did not involve any financing or borrowing. --- Item 4 Purpose of Transaction --- The Reporting Person acquired shares of Elastic NV as part of its investment strategy, which includes considering the clarity and robustness of the issuer's long-term strategy; the functioning and calibre of governance structures and effective leadership; the financial strength and performance of issuers and the fair valuation of underlying securities; and financially-material sustainability risks & opportunities. The Reporting Person is therefore actively engaging with the Issuer to discuss and promote initiatives that align with these business practices. This engagement is part of the Reporting Person's broader strategy to support companies in enhancing their approach, thereby potentially improving long-term shareholder value. As such, the Reporting Person may seek to influence the Issuer's policies and practices through discussions with the Boards and management of the companies in which we invest. The Reporting Person does not currently have any plans or proposals that would result in a change in control of the Issuer, nor does it intend to acquire additional shares for the purpose of gaining control. However, the Reporting Person reserves the right to change its intentions and take any actions that it deems appropriate in light of its ongoing engagement and evaluation of the Issuer's policies and practices.