4Filing Date: Sep 11, 2026

Elastic (ESTC)

Statement of Changes in Beneficial Ownership

View SEC Filing
ACC: 0001123292-26-001284
Total Value$14.04M
Trades7
Insiders1

Transaction Details

Banon Shay
Chief Technology Officer, Director·Direct
Sell · Dispose
Ordinary Shares
Shares-100
Price$87.00
Total Value$8.7K
Shares Owned After3.99M
Transaction DateSep 10, 2026
Banon Shay
Chief Technology Officer, Director·Direct
Sell · Dispose
Ordinary Shares
Shares-6.10K
Price$85.16
Total Value$519.6K
Shares Owned After3.99M
Transaction DateSep 10, 2026
Footnotes ▸

The price reported in Column 4 represents a weighted average sales price of $85.1560. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.5831, inclusive.

Banon Shay
Chief Technology Officer, Director·Direct
Sell · Dispose
Ordinary Shares
Shares-6.58K
Price$87.78
Total Value$577.3K
Shares Owned After4.15M
Transaction DateSep 9, 2026
Footnotes ▸

The ordinary shares were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of restricted stock units ("RSUs") and performance-based RSUs. The sales were mandated by the Issuer]s equity incentive plan which requires the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.

Banon Shay
Chief Technology Officer, Director·Direct
Sell · Dispose
Ordinary Shares
Shares-14.99K
Price$88.08
Total Value$1.32M
Shares Owned After4.01M
Transaction DateSep 9, 2026
Footnotes ▸

The price reported in Column 4 represents a weighted average sales price of $88.0774. These shares were sold in multiple transactions at prices ranging from $87.18 to $88.17, inclusive.

Banon Shay
Chief Technology Officer, Director·Direct
Sell · Dispose
Ordinary Shares
Shares-127.89K
Price$86.55
Total Value$11.07M
Shares Owned After4.02M
Transaction DateSep 9, 2026
Footnotes ▸

The price reported in Column 4 represents a weighted average sales price of $86.5511. These shares were sold in multiple transactions at prices ranging from $86.17 to $87.1278, 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 2 through 5 to this Form 4.

Banon Shay
Chief Technology Officer, Director·Direct
Sell · Dispose
Ordinary Shares
Shares-6.13K
Price$88.28
Total Value$540.8K
Shares Owned After4.00M
Transaction DateSep 9, 2026
Footnotes ▸

The price reported in Column 4 represents a weighted average sales price of $88.2797. These shares were sold in multiple transactions at prices ranging from $88.18 to $88.455, inclusive.

Banon Shay
Chief Technology Officer, Director·Indirect · By fund for joint account
Ordinary Shares
Shares0
Price-
Total Value$0
Shares Owned After1.55M
Footnotes ▸

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.

Post-Transaction Holdings

Banon Shay · Chief Technology Officer, Director
SecuritySharesChange
Ordinary Shares5.55M-161.79K (-2.83%)
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Deep Analysis

Elastic CTO and director Shay Banon sold 161,787 ordinary shares for roughly $14.0M across Sept. 9-10 — and only 6,577 of those shares were a mandated sell-to-cover, so the bulk is discretionary open-market selling with no Rule 10b5-1 plan behind it.

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Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-09-09 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: 2026-09-09 | Code: S (Open market sale) Shares: -6,577 | Price: $87.78 Total Value: $577,329.06 Shares Owned After: 4,149,980 | Ownership: D (Direct) Footnotes: [F1] The ordinary shares were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of restricted stock units ("RSUs") and performance-based RSUs. The sales were mandated by the Issuer]s equity incentive plan which requires the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person. [Transaction #2] Security: Ordinary Shares Date: 2026-09-09 | Code: S (Open market sale) Shares: -127,892 | Price: $86.55 Total Value: $11,069,052.60 Shares Owned After: 4,022,088 | Ownership: D (Direct) Footnotes: [F2] The price reported in Column 4 represents a weighted average sales price of $86.5511. These shares were sold in multiple transactions at prices ranging from $86.17 to $87.1278, 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 2 through 5 to this Form 4. [Transaction #3] Security: Ordinary Shares Date: 2026-09-09 | Code: S (Open market sale) Shares: -14,991 | Price: $88.08 Total Value: $1,320,407.28 Shares Owned After: 4,007,097 | Ownership: D (Direct) Footnotes: [F3] The price reported in Column 4 represents a weighted average sales price of $88.0774. These shares were sold in multiple transactions at prices ranging from $87.18 to $88.17, inclusive. [Transaction #4] Security: Ordinary Shares Date: 2026-09-09 | Code: S (Open market sale) Shares: -6,126 | Price: $88.28 Total Value: $540,803.28 Shares Owned After: 4,000,971 | Ownership: D (Direct) Footnotes: [F4] The price reported in Column 4 represents a weighted average sales price of $88.2797. These shares were sold in multiple transactions at prices ranging from $88.18 to $88.455, inclusive. [Transaction #5] Security: Ordinary Shares Date: 2026-09-10 | Code: S (Open market sale) Shares: -6,101 | Price: $85.16 Total Value: $519,561.16 Shares Owned After: 3,994,870 | Ownership: D (Direct) Footnotes: [F5] The price reported in Column 4 represents a weighted average sales price of $85.1560. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.5831, inclusive. [Transaction #6] Security: Ordinary Shares Date: 2026-09-10 | Code: S (Open market sale) Shares: -100 | Price: $87.00 Total Value: $8,700.00 Shares Owned After: 3,994,770 | Ownership: D (Direct) --- Holdings --- [Holding #1] Security: Ordinary Shares Ownership: I (Indirect) Footnotes: [F6] 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. --- Footnotes (Complete Index) --- F1: The ordinary shares were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of restricted stock units ("RSUs") and performance-based RSUs. The sales were mandated by the Issuer]s equity incentive plan which requires the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person. F2: The price reported in Column 4 represents a weighted average sales price of $86.5511. These shares were sold in multiple transactions at prices ranging from $86.17 to $87.1278, 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 2 through 5 to this Form 4. F3: The price reported in Column 4 represents a weighted average sales price of $88.0774. These shares were sold in multiple transactions at prices ranging from $87.18 to $88.17, inclusive. F4: The price reported in Column 4 represents a weighted average sales price of $88.2797. These shares were sold in multiple transactions at prices ranging from $88.18 to $88.455, inclusive. F5: The price reported in Column 4 represents a weighted average sales price of $85.1560. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.5831, inclusive. F6: 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 (2026-09-11)

keid analysis is for reference only and does not constitute investment advice.