Welihinda Navam sold ESTC
September 9, 2025 · Form 4 insider transaction
Welihinda Navam sold 3,489 shares of Elastic N.V. at $90.12 per share, a transaction worth $314.4K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Disposed (sell-side)
Shares
3,489
Price
$90.12
Total value
$314.4K
InsiderWelihinda Navam
Role—
CompanyElastic N.V. (ESTC)
SecurityOrdinary Shares
Transaction codeS: Open-market sale
Transaction dateSeptember 9, 2025
Filing dateSeptember 10, 2025
Shares owned after130,436
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
The ordinary shares were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of restricted stock units. 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.