Welihinda Navam 4
4 · Elastic N.V. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Elastic (ESTC) CFO Welihinda Navam Sells 3,240 Shares
What Happened Welihinda Navam, Chief Financial Officer of Elastic N.V. (ESTC), disposed of 3,240 ordinary shares on 2026-03-09 at $52.28 per share for total proceeds of $169,387. The filing lists the transaction as an open market or private sale (code S).
Key Details
- Transaction date: 2026-03-09; Filing date: 2026-03-10 (timely filed).
- Price: $52.28 per share; Shares sold: 3,240; Proceeds: $169,387.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: The shares were sold to satisfy tax withholding obligations tied to RSU vesting. The sale was a mandatory "sell-to-cover" under the issuer's equity incentive plan and does not represent a discretionary trade by the reporting person (Footnote F1).
- Transaction type: Sale (S); not reported as part of a 10b5-1 plan or as a gift/exercise in the provided data.
Context This was a routine sell-to-cover tied to equity compensation tax withholding, which companies commonly mandate when restricted stock units vest. Such transactions are administrative and generally not interpreted as a personal, discretionary sell signal about company prospects.
Insider Transaction Report
Form 4
Elastic N.V.ESTC
Welihinda Navam
Chief Financial Officer
Transactions
- Sale
Ordinary Shares
[F1]2026-03-09$52.28/sh−3,240$169,387→ 120,634 total
Footnotes (1)
- [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.
Signature
/s/ Marielle Reints, by power of attorney|2026-03-10