Banon Shay sold ESTC
September 9, 2026 · Form 4 insider transaction
Banon Shay sold 6,577 shares of Elastic N.V. at $87.78 per share, a transaction worth $577.3K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Disposed (sell-side)
Shares
6,577
Price
$87.78
Total value
$577.3K
InsiderBanon Shay
Role—
CompanyElastic N.V. (ESTC)
SecurityOrdinary Shares
Transaction codeS: Open-market sale
Transaction dateSeptember 9, 2026
Filing dateSeptember 11, 2026
Shares owned after4,149,980
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 ("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.