Kulkarni Ashutosh sold ESTC
June 9, 2026 · Form 4 insider transaction
Kulkarni Ashutosh sold 40,373 shares of Elastic N.V. at $60.61 per share, a transaction worth $2.45M. 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
40,373
Price
$60.61
Total value
$2.45M
InsiderKulkarni Ashutosh
Role—
CompanyElastic N.V. (ESTC)
SecurityOrdinary Shares
Transaction codeS: Open-market sale
Transaction dateJune 9, 2026
Filing dateJune 10, 2026
Shares owned after628,752
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.