Bone Jane E 4

What Happened
Jane E. Bone, GVP & Chief Accounting Officer of Elastic N.V. (ESTC), reported a sale of 887 ordinary shares on 2026-03-09 at $52.28 per share, totaling approximately $46,372. The filing lists the sale as an open market or private sale (transaction code S), and the proceeds were used to satisfy tax obligations related to equity vesting rather than a discretionary trade.

Key Details

• Transaction date and price: 2026-03-09 at $52.28 per share.
• Shares sold / value: 887 shares; gross proceeds ≈ $46,372.
• Shares owned after transaction: Not specified in this filing.
• Footnote: The shares were sold to satisfy tax withholding on vested restricted stock units — a mandated "sell to cover" under the issuer's equity incentive plan, not a discretionary sale by the reporting person.
• Filing date / timeliness: Report filed 2026-03-10 reporting the 2026-03-09 transaction (filed promptly).

Context
Sell-to-cover transactions are routine tax-withholding actions that accompany RSU vesting and generally do not signal an executive’s change in view on the company's prospects. For retail investors, purchases and discretionary sales may be more informative than mandated withholding sales like this one.