Elastic officer files notice for $7.5M share sale
Rhea-AI Filing Summary
Elastic N.V. (ESTC) received a Rule 144 notice from officer Shay‑Shalom Banon covering up to 80,583 shares of common stock, originally acquired as founder stock on September 24, 2012 for cash. The shares are held at Morgan Stanley Smith Barney LLC Executive Financial Services.
The notice states an aggregate market value for these 80,583 shares of $7,465,804.73 and cites 104,991,280 common shares as outstanding as of September 4, 2026 on the NYSE. Over the prior three months, Banon and Stichting RNYB reported multiple sales of Elastic common stock.
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Key Figures
Shares subject to Rule 144 notice: 80,583 shares
Aggregate market value of shares in notice: $7,465,804.73
Shares outstanding: 104,991,280 shares
+3 more
6 metrics
Shares subject to Rule 144 notice
80,583 shares
Common stock covered by Shay‑Shalom Banon’s notice
Aggregate market value of shares in notice
$7,465,804.73
Value of 80,583 shares of Elastic common stock
Shares outstanding
104,991,280 shares
Elastic common stock outstanding as of September 4, 2026
Banon sale on September 3, 2026
180,000 shares; $16,932,438.00
Elastic common stock sold during past 3 months
Stichting RNYB sale on August 31, 2026
200,000 shares; $19,292,580.00
Elastic common stock sold during past 3 months
Stichting RNYB sale on September 2, 2026
165,171 shares; $14,908,863.01
Elastic common stock sold during past 3 months
Key Terms
Rule 144, Founder Stock, Securities To Be Sold, Securities Sold During The Past 3 Months
4 terms
Rule 144 regulatory
"See 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.
Founder Stock financial
"Common | 09/24/2012 | Founder Stock | Issuer"
Securities To Be Sold financial
"144: Securities To Be Sold"
Securities Sold During The Past 3 Months financial
"144: Securities Sold During The Past 3 Months"
FAQ
What does the Form 144 filing disclose for Elastic N.V. (ESTC)?
The filing discloses that officer Shay‑Shalom Banon filed a Rule 144 notice covering up to 80,583 shares of Elastic N.V. common stock, with an aggregate market value of $7,465,804.73, originally acquired as founder stock on September 24, 2012.
What recent Elastic (ESTC) stock sales by Shay‑Shalom Banon are reported?
The filing lists that Shay‑Shalom Banon sold 180,000 shares of Elastic common stock on September 3, 2026 for $16,932,438.00. These are reported under “Securities Sold During The Past 3 Months.”
What recent Elastic (ESTC) stock sales by Stichting RNYB are reported?
Stichting RNYB is reported as selling Elastic common stock on four dates: 23,702 shares for $2,230,556.51 on September 3, 2026; 165,171 shares for $14,908,863.01 on September 2, 2026; 111,127 shares for $10,289,971.26 on September 1, 2026; and 200,000 shares for $19,292,580.00 on August 31, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.