=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-09-03
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: 2026-09-03 | Code: S (Open market sale)
Shares: -18,631 | Price: $94.01
Total Value: $1,751,500.31
Shares Owned After: 1,560,049 | Ownership: I (Indirect) | Nature: By fund for joint account
Footnotes:
[F1] The price reported in Column 4 represents a weighted average sales price of $94.0109. These shares were sold in multiple transactions at prices ranging from $93.60 to $94.495, 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 10 to this Form 4.
[F11] 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: 2026-09-03 | Code: S (Open market sale)
Shares: -1,300 | Price: $94.66
Total Value: $123,058.00
Shares Owned After: 1,558,749 | Ownership: I (Indirect) | Nature: By fund for joint account
Footnotes:
[F2] The price reported in Column 4 represents a weighted average sales price of $94.6562. These shares were sold in multiple transactions at prices ranging from $94.64 to $94.67, inclusive.
[F11] 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: 2026-09-03 | Code: S (Open market sale)
Shares: -3,771 | Price: $94.40
Total Value: $355,982.40
Shares Owned After: 1,554,978 | Ownership: I (Indirect) | Nature: By fund for joint account
Footnotes:
[F3] The price reported in Column 4 represents a weighted average sales price of $94.401. These shares were sold in multiple transactions at prices ranging from $93.94 to $94.83, inclusive.
[F11] 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: 2026-09-03 | Code: S (Open market sale)
Shares: -66,382 | Price: $93.45
Total Value: $6,203,397.90
Shares Owned After: 4,350,758 | Ownership: D (Direct)
Footnotes:
[F4] The price reported in Column 4 represents a weighted average sales price of $93.4503. These shares were sold in multiple transactions at prices ranging from $93.00 to $93.995, inclusive.
[Transaction #5]
Security: Ordinary Shares
Date: 2026-09-03 | Code: S (Open market sale)
Shares: -108,052 | Price: $94.40
Total Value: $10,200,108.80
Shares Owned After: 4,242,706 | Ownership: D (Direct)
Footnotes:
[F5] The price reported in Column 4 represents a weighted average sales price of $94.3981. These shares were sold in multiple transactions at prices ranging from $94.00 to $94.99, inclusive.
[Transaction #6]
Security: Ordinary Shares
Date: 2026-09-03 | Code: S (Open market sale)
Shares: -5,566 | Price: $95.06
Total Value: $529,103.96
Shares Owned After: 4,237,140 | Ownership: D (Direct)
Footnotes:
[F6] The price reported in Column 4 represents a weighted average sales price of $95.0601. These shares were sold in multiple transactions at prices ranging from $95.00 to $95.20, inclusive.
[Transaction #7]
Security: Ordinary Shares
Date: 2026-09-04 | Code: S (Open market sale)
Shares: -700 | Price: $95.05
Total Value: $66,535.00
Shares Owned After: 4,236,440 | Ownership: D (Direct)
Footnotes:
[F7] The price reported in Column 4 represents a weighted average sales price of $95.0543. These shares were sold in multiple transactions at prices ranging from $95.00 to $95.20, inclusive.
[Transaction #8]
Security: Ordinary Shares
Date: 2026-09-04 | Code: S (Open market sale)
Shares: -66,266 | Price: $92.39
Total Value: $6,122,315.74
Shares Owned After: 4,170,174 | Ownership: D (Direct)
Footnotes:
[F8] The price reported in Column 4 represents a weighted average sales price of $92.3898. These shares were sold in multiple transactions at prices ranging from $92.00 to $92.99, inclusive.
[Transaction #9]
Security: Ordinary Shares
Date: 2026-09-04 | Code: S (Open market sale)
Shares: -10,400 | Price: $93.68
Total Value: $974,272.00
Shares Owned After: 4,159,774 | Ownership: D (Direct)
Footnotes:
[F9] The price reported in Column 4 represents a weighted average sales price of $93.6783. These shares were sold in multiple transactions at prices ranging from $93.00 to $93.99, inclusive.
[Transaction #10]
Security: Ordinary Shares
Date: 2026-09-04 | Code: S (Open market sale)
Shares: -3,217 | Price: $94.10
Total Value: $302,719.70
Shares Owned After: 4,156,557 | Ownership: D (Direct)
Footnotes:
[F10] The price reported in Column 4 represents a weighted average sales price of $94.0964. These shares were sold in multiple transactions at prices ranging from $94.00 to $94.18, inclusive.
--- Footnotes (Complete Index) ---
F1: The price reported in Column 4 represents a weighted average sales price of $94.0109. These shares were sold in multiple transactions at prices ranging from $93.60 to $94.495, 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 10 to this Form 4.
F10: The price reported in Column 4 represents a weighted average sales price of $94.0964. These shares were sold in multiple transactions at prices ranging from $94.00 to $94.18, inclusive.
F11: 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.
F2: The price reported in Column 4 represents a weighted average sales price of $94.6562. These shares were sold in multiple transactions at prices ranging from $94.64 to $94.67, inclusive.
F3: The price reported in Column 4 represents a weighted average sales price of $94.401. These shares were sold in multiple transactions at prices ranging from $93.94 to $94.83, inclusive.
F4: The price reported in Column 4 represents a weighted average sales price of $93.4503. These shares were sold in multiple transactions at prices ranging from $93.00 to $93.995, inclusive.
F5: The price reported in Column 4 represents a weighted average sales price of $94.3981. These shares were sold in multiple transactions at prices ranging from $94.00 to $94.99, inclusive.
F6: The price reported in Column 4 represents a weighted average sales price of $95.0601. These shares were sold in multiple transactions at prices ranging from $95.00 to $95.20, inclusive.
F7: The price reported in Column 4 represents a weighted average sales price of $95.0543. These shares were sold in multiple transactions at prices ranging from $95.00 to $95.20, inclusive.
F8: The price reported in Column 4 represents a weighted average sales price of $92.3898. These shares were sold in multiple transactions at prices ranging from $92.00 to $92.99, inclusive.
F9: The price reported in Column 4 represents a weighted average sales price of $93.6783. These shares were sold in multiple transactions at prices ranging from $93.00 to $93.99, inclusive.
--- Signature ---
/s/ /s/ Marielle Reints, by power of attorney (2026-09-08)
