Banon Shay 4
4 · Elastic N.V. · Filed Mar 12, 2025
Insider Transaction Report
Form 4
Elastic N.V.ESTC
Banon Shay
DirectorChief Technology Officer
Transactions
- Sale
Ordinary Shares
2025-03-10$90.78/sh−2,683$243,563→ 4,535,456 total
Holdings
- 2,254,978(indirect: By fund for joint account)
Ordinary Shares
Footnotes (2)
- [F1]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.
- [F2]Held by a fund for joint account (the "fund") owned by the Reporting Person's three minor children. The Reporting Person continues to have sole control of such fund and remains the indirect beneficial owner of the shares owned by such fund.