Bone Jane E 4

What Happened
Jane E. Bone, Elastic's GVP & CAO, received a grant of 12,069 restricted stock units (RSUs) on 2026-06-08 (reported as an acquisition at $0.00) and sold 1,104 ordinary shares in an open-market transaction on 2026-06-09 for $60.61 per share, generating proceeds of $66,913. The sale was executed to satisfy tax withholding obligations associated with RSU vesting and was not a discretionary trade.

Key Details

• Filing date: 2026-06-10; report period covers transactions on 2026-06-08 and 2026-06-09. Filing appears timely.
• Grant: 12,069 RSUs reported as acquired on 2026-06-08 at $0.00 (RSUs, not a cash purchase).
• Sale: 1,104 shares sold on 2026-06-09 at $60.61 per share for $66,913 total.
• Shares owned after transactions: not specified in the provided filing excerpt.
• Footnotes:
  • RSUs vest in 16 equal quarterly installments beginning September 8, 2026 (F1).
  • The filing notes 166 shares were purchased under Elastic’s ESPP on March 15, 2026 (F2).
  • The sale was a mandatory “sell-to-cover” to satisfy tax withholding on RSU vesting and is not a discretionary trade (F3).

Context
RSU grants report as acquisitions at $0 because they represent future compensation that vests over time; the filing’s vesting schedule indicates these RSUs will vest quarterly. Sell-to-cover sales are routine tax-withholding transactions and do not necessarily reflect an insider’s view on the company’s prospects.