Banon Shay sold ESTC
June 9, 2026 · Form 4 insider transaction
Banon Shay sold 9,288 shares of Elastic N.V. at $60.61 per share, a transaction worth $562.9K. 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
9,288
Price
$60.61
Total value
$562.9K
InsiderBanon Shay
Role—
CompanyElastic N.V. (ESTC)
SecurityOrdinary Shares
Transaction codeS: Open-market sale
Transaction dateJune 9, 2026
Filing dateJune 10, 2026
Shares owned after4,417,140
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 PSUs and 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.