Elastic: CMXI proposes $141M ordinary share sale

Rhea-AI Filing Summary

Elastic N.V. (ESTC) is the issuer for a proposed sale by CMXI B.V. of 1,500,000 Ordinary shares; Director Steven Schuurman is identified as the beneficial owner of shares held by CMXI B.V. Goldman Sachs & Co. LLC is listed as broker, with an approximate sale date of October 2, 2026, on the NYSE. The shares' aggregate market value is $140,910,000.

Key Figures

Shares proposed for sale: 1,500,000 shares Aggregate market value: $140,910,000 Shares listed as acquired: 7,290,000 shares +1 more

4 metrics

Shares proposed for sale 1,500,000 shares Ordinary shares listed for sale by CMXI B.V.

Aggregate market value $140,910,000 Proposed sale of Ordinary shares

Shares listed as acquired 7,290,000 shares Agreement of sale, purchase and transfer involving JTG Ventures B.V., dated April 28, 2015

Shares listed as acquired 5,186,000 shares Acquired as part of a merger involving IXII B.V. on December 17, 2020

Key Terms

Rule 144, beneficial owner, notarial deed, agreement of sale, purchase and transfer

4 terms

Rule 144 regulatory

"the definition of "person" in paragraph (a) of Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

beneficial owner regulatory

"Steven Schuurman is the beneficial owner of shares held by CMXI B.V."

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

notarial deed technical

"agreement of sale, purchase and transfer affected by notarial deed"

agreement of sale, purchase and transfer technical

"Acquired pursuant to an agreement of sale, purchase and transfer"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many ESTC shares does CMXI B.V. plan to sell?

CMXI B.V. is listed for a proposed sale of 1,500,000 Ordinary shares, with an aggregate market value of $140,910,000. Goldman Sachs & Co. LLC is the listed broker, and the approximate sale date is October 2, 2026, on the NYSE.

Who is the beneficial owner of CMXI B.V.'s ESTC shares?

Director Steven Schuurman is identified as the beneficial owner of shares held by CMXI B.V.; CMXI B.V. is the account for whose benefit the securities are to be sold.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/02/2026 - 08:21 PM Accepted by SEC EDGAR 10/02/2026 - 08:21 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001754844
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Elastic N.V.
SEC File Number	001-38675
Address of Issuer	33 NEW MONTGOMERY ST. 9TH FLOOR San Francisco CALIFORNIA 94105
Phone	1-650-880-1260
Name of Person for Whose Account the Securities are To Be Sold	CMXI B.V.
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Ordinary	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	1500000	140910000	104991280	10/02/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Ordinary	04/28/2015	Acquired pursuant to an agreement of sale, purchase and transfer affected by notarial deed	JTG Ventures B.V.			7290000	04/28/2015	EUR 7,290
Ordinary	12/17/2020	Acquired as part of a merger with IXII B.V.	IXII B.V.			5186000	12/17/2020	EUR 0

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks	Shares are sold by CMXI B.V. Steven Schuurman is the beneficial owner of shares held by CMXI B.V.
Date of Notice	10/02/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Goldman Sachs & Co. LLC on behalf of CMXI B.V.
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)