4Filing Date: Sep 2, 2026

Elastic (ESTC)

Statement of Changes in Beneficial Ownership

View SEC Filing
ACC: 0001123292-26-001219
Total Value$44.49M
Trades9
Insiders1

Transaction Details

Banon Shay
Chief Technology Officer, Director·Indirect · By fund for joint account
Sell · Dispose
Ordinary Shares
Shares-97.20K
Price$89.71
Total Value$8.72M
Shares Owned After1.65M
Transaction DateSep 2, 2026
Footnotes ▸

The price reported in Column 4 represents a weighted average sales price of $89.7063. These shares were sold in multiple transactions at prices ranging from $89.36 to $90.34, inclusive. | Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund.

Banon Shay
Chief Technology Officer, Director·Indirect · By fund for joint account
Sell · Dispose
Ordinary Shares
Shares-25.52K
Price$91.67
Total Value$2.34M
Shares Owned After1.58M
Transaction DateSep 2, 2026
Footnotes ▸

The price reported in Column 4 represents a weighted average sales price of $91.6710. These shares were sold in multiple transactions at prices ranging from $91.50 to $92.09, inclusive. | Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund.

Banon Shay
Chief Technology Officer, Director·Indirect · By fund for joint account
Sell · Dispose
Ordinary Shares
Shares-42.46K
Price$90.69
Total Value$3.85M
Shares Owned After1.60M
Transaction DateSep 2, 2026
Footnotes ▸

The price reported in Column 4 represents a weighted average sales price of $90.6922. These shares were sold in multiple transactions at prices ranging from $90.40 to $91.11, inclusive. | Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund.

Banon Shay
Chief Technology Officer, Director·Indirect · By fund for joint account
Sell · Dispose
Ordinary Shares
Shares-13.53K
Price$93.47
Total Value$1.26M
Shares Owned After1.74M
Transaction DateSep 1, 2026
Footnotes ▸

The price reported in Column 4 represents a weighted average sales price of $93.4653. These shares were sold in multiple transactions at prices ranging from $93.15 to $93.75, inclusive. | Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund.

Banon Shay
Chief Technology Officer, Director·Indirect · By fund for joint account
Sell · Dispose
Ordinary Shares
Shares-97.60K
Price$92.48
Total Value$9.03M
Shares Owned After1.76M
Transaction DateSep 1, 2026
Footnotes ▸

The price reported in Column 4 represents a weighted average sales price of $92.476. These shares were sold in multiple transactions at prices ranging from $92.13 to $93.11, inclusive. | Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund.

Banon Shay
Chief Technology Officer, Director·Indirect · By fund for joint account
Sell · Dispose
Ordinary Shares
Shares-87.42K
Price$96.77
Total Value$8.46M
Shares Owned After1.86M
Transaction DateAug 31, 2026
Footnotes ▸

The price reported in Column 4 represents a weighted average sales price of $96.7658. These shares were sold in multiple transactions at prices ranging from $96.55 to $97.50, inclusive. | Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund.

Banon Shay
Chief Technology Officer, Director·Indirect · By fund for joint account
Sell · Dispose
Ordinary Shares
Shares-108.42K
Price$96.17
Total Value$10.43M
Shares Owned After1.95M
Transaction DateAug 31, 2026
Footnotes ▸

The price reported in Column 4 represents a weighted average sales price of $96.1695. These shares were sold in multiple transactions at prices ranging from $95.55 to $96.5471, inclusive. The reporting person undertakes to provide to Elastic N.V., any security holder of Elastic N.V., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in footnotes 1 through 8 to this Form 4. | Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund.

Banon Shay
Chief Technology Officer, Director·Indirect · By fund for joint account
Sell · Dispose
Ordinary Shares
Shares-4.15K
Price$97.75
Total Value$406.1K
Shares Owned After1.85M
Transaction DateAug 31, 2026
Footnotes ▸

The price reported in Column 4 represents a weighted average sales price of $97.7467. These shares were sold in multiple transactions at prices ranging from $97.59 to $97.86, inclusive. | Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund.

Banon Shay
Chief Technology Officer, Director·Direct
Ordinary Shares
Shares0
Price-
Total Value$0
Shares Owned After4.42M

Post-Transaction Holdings

Banon Shay · Chief Technology Officer, Director
SecuritySharesChange
Ordinary Shares6.06M-476.30K (-7.28%)
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Deep Analysis

Elastic co-founder and CTO Shay Banon sold 476,298 shares for roughly $44.5 million in open-market sales across three sessions — active, discretionary selling with no 10b5-1 plan in place.

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Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-08-31 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Elastic N.V. (ESTC) CIK: 0001707753 --- Reporting Owner --- Name: Banon Shay CIK: 0001753445 Role: Director, Officer (Chief Technology Officer) --- Non-Derivative Transactions --- [Transaction #1] Security: Ordinary Shares Date: 2026-08-31 | Code: S (Open market sale) Shares: -108,423 | Price: $96.17 Total Value: $10,427,039.91 Shares Owned After: 1,946,555 | Ownership: I (Indirect) | Nature: By fund for joint account Footnotes: [F1] The price reported in Column 4 represents a weighted average sales price of $96.1695. These shares were sold in multiple transactions at prices ranging from $95.55 to $96.5471, inclusive. The reporting person undertakes to provide to Elastic N.V., any security holder of Elastic N.V., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in footnotes 1 through 8 to this Form 4. [F9] Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund. [Transaction #2] Security: Ordinary Shares Date: 2026-08-31 | Code: S (Open market sale) Shares: -87,423 | Price: $96.77 Total Value: $8,459,923.71 Shares Owned After: 1,859,132 | Ownership: I (Indirect) | Nature: By fund for joint account Footnotes: [F2] The price reported in Column 4 represents a weighted average sales price of $96.7658. These shares were sold in multiple transactions at prices ranging from $96.55 to $97.50, inclusive. [F9] Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund. [Transaction #3] Security: Ordinary Shares Date: 2026-08-31 | Code: S (Open market sale) Shares: -4,154 | Price: $97.75 Total Value: $406,053.50 Shares Owned After: 1,854,978 | Ownership: I (Indirect) | Nature: By fund for joint account Footnotes: [F3] The price reported in Column 4 represents a weighted average sales price of $97.7467. These shares were sold in multiple transactions at prices ranging from $97.59 to $97.86, inclusive. [F9] Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund. [Transaction #4] Security: Ordinary Shares Date: 2026-09-01 | Code: S (Open market sale) Shares: -97,599 | Price: $92.48 Total Value: $9,025,955.52 Shares Owned After: 1,757,379 | Ownership: I (Indirect) | Nature: By fund for joint account Footnotes: [F4] The price reported in Column 4 represents a weighted average sales price of $92.476. These shares were sold in multiple transactions at prices ranging from $92.13 to $93.11, inclusive. [F9] Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund. [Transaction #5] Security: Ordinary Shares Date: 2026-09-01 | Code: S (Open market sale) Shares: -13,528 | Price: $93.47 Total Value: $1,264,462.16 Shares Owned After: 1,743,851 | Ownership: I (Indirect) | Nature: By fund for joint account Footnotes: [F5] The price reported in Column 4 represents a weighted average sales price of $93.4653. These shares were sold in multiple transactions at prices ranging from $93.15 to $93.75, inclusive. [F9] Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund. [Transaction #6] Security: Ordinary Shares Date: 2026-09-02 | Code: S (Open market sale) Shares: -97,199 | Price: $89.71 Total Value: $8,719,722.29 Shares Owned After: 1,646,652 | Ownership: I (Indirect) | Nature: By fund for joint account Footnotes: [F6] The price reported in Column 4 represents a weighted average sales price of $89.7063. These shares were sold in multiple transactions at prices ranging from $89.36 to $90.34, inclusive. [F9] Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund. [Transaction #7] Security: Ordinary Shares Date: 2026-09-02 | Code: S (Open market sale) Shares: -42,456 | Price: $90.69 Total Value: $3,850,334.64 Shares Owned After: 1,604,196 | Ownership: I (Indirect) | Nature: By fund for joint account Footnotes: [F7] The price reported in Column 4 represents a weighted average sales price of $90.6922. These shares were sold in multiple transactions at prices ranging from $90.40 to $91.11, inclusive. [F9] Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund. [Transaction #8] Security: Ordinary Shares Date: 2026-09-02 | Code: S (Open market sale) Shares: -25,516 | Price: $91.67 Total Value: $2,339,051.72 Shares Owned After: 1,578,680 | Ownership: I (Indirect) | Nature: By fund for joint account Footnotes: [F8] The price reported in Column 4 represents a weighted average sales price of $91.6710. These shares were sold in multiple transactions at prices ranging from $91.50 to $92.09, inclusive. [F9] Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund. --- Holdings --- [Holding #1] Security: Ordinary Shares Ownership: D (Direct) --- Footnotes (Complete Index) --- F1: The price reported in Column 4 represents a weighted average sales price of $96.1695. These shares were sold in multiple transactions at prices ranging from $95.55 to $96.5471, inclusive. The reporting person undertakes to provide to Elastic N.V., any security holder of Elastic N.V., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in footnotes 1 through 8 to this Form 4. F2: The price reported in Column 4 represents a weighted average sales price of $96.7658. These shares were sold in multiple transactions at prices ranging from $96.55 to $97.50, inclusive. F3: The price reported in Column 4 represents a weighted average sales price of $97.7467. These shares were sold in multiple transactions at prices ranging from $97.59 to $97.86, inclusive. F4: The price reported in Column 4 represents a weighted average sales price of $92.476. These shares were sold in multiple transactions at prices ranging from $92.13 to $93.11, inclusive. F5: The price reported in Column 4 represents a weighted average sales price of $93.4653. These shares were sold in multiple transactions at prices ranging from $93.15 to $93.75, inclusive. F6: The price reported in Column 4 represents a weighted average sales price of $89.7063. These shares were sold in multiple transactions at prices ranging from $89.36 to $90.34, inclusive. F7: The price reported in Column 4 represents a weighted average sales price of $90.6922. These shares were sold in multiple transactions at prices ranging from $90.40 to $91.11, inclusive. F8: The price reported in Column 4 represents a weighted average sales price of $91.6710. These shares were sold in multiple transactions at prices ranging from $91.50 to $92.09, inclusive. F9: Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund. --- Signature --- /s/ /s/ Marielle Reints, by power of attorney (2026-09-02)

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