4Filing Date: Oct 13, 2026
Elastic (ESTC) 4: $188.3M discretionary director sale (Oct 13, 2026)
Statement of Changes in Beneficial Ownership
View SEC Filing
ACC: 0001123292-26-001388
Total Value$188.30M
Trades1
Insiders1
Transaction Details
Schuurman Steven
Director·Indirect · See footnote
Sell · Dispose
Ordinary Shares
Shares-2.00M
Price$94.15
Total Value$188.30M
Shares Owned After2.50M
Transaction DateOct 12, 2026
Footnotes ▸
The ordinary shares are held of record by CMXI B.V., or CMXI. As the controlling shareholder of CMXI, Mr. Schuurman holds sole voting and dispositive power with respect to these ordinary shares. Mr. Schuurman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Post-Transaction Holdings
Schuurman Steven · Director
| Security | Shares | Change |
|---|---|---|
| Ordinary Shares | 2.50M | -2.00M (-44.40%) |
auto_awesomeDeep Analysis
Deep Analysis
Elastic director Steven Schuurman sold 2,000,000 ordinary shares for $188.3M in a discretionary open-market sale with no 10b5-1 plan, roughly halving his indirect CMXI B.V. stake.
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Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-10-12
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: Elastic N.V. (ESTC)
CIK: 0001707753
--- Reporting Owner ---
Name: Schuurman Steven
CIK: 0001753439
Role: Director
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Ordinary Shares
Date: 2026-10-12 | Code: S (Open market sale)
Shares: -2,000,000 | Price: $94.15
Total Value: $188,300,000.00
Shares Owned After: 2,504,600 | Ownership: I (Indirect) | Nature: See footnote
Footnotes:
[F1] The ordinary shares are held of record by CMXI B.V., or CMXI. As the controlling shareholder of CMXI, Mr. Schuurman holds sole voting and dispositive power with respect to these ordinary shares. Mr. Schuurman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
--- Footnotes (Complete Index) ---
F1: The ordinary shares are held of record by CMXI B.V., or CMXI. As the controlling shareholder of CMXI, Mr. Schuurman holds sole voting and dispositive power with respect to these ordinary shares. Mr. Schuurman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
--- Signature ---
/s/ /s/ Marielle Reints, by power of attorney for Steven Schuurman (2026-10-13)