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Elastic officer plans 60,658-share stock sale

Elastic N.V. officer Kenneth Exner filed a Rule 144 notice to sell 60,658 vested shares of common stock acquired from restricted stock and performance share awards.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Elastic N.V. (ESTC) received a notice that officer Kenneth Exner plans to sell common stock under Rule 144 through Morgan Stanley Smith Barney LLC. The planned sale covers 60,658 shares of common stock, with an aggregate market value of $5,470,453.86, against 104,991,280 shares outstanding as of September 2, 2026.

The shares to be sold were acquired upon vesting of Restricted Stock granted on March 8, 2023 (56,095 shares) and Performance Shares granted on June 8, 2024 (4,563 shares). Exner also sold 18,449 shares of common stock for $1,118,151.46 during the three months ended June 9, 2026.

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Shares to be sold under Rule 144 60,658 shares Planned sale of Elastic N.V. common stock by officer Kenneth Exner
Aggregate market value of planned sale $5,470,453.86 Total market value of 60,658 shares to be sold
Shares outstanding 104,991,280 shares Elastic N.V. common shares outstanding as of September 2, 2026
Restricted Stock shares to be sold 56,095 shares Acquired upon vesting of Restricted Stock granted March 8, 2023
Performance Shares to be sold 4,563 shares Acquired upon vesting of Performance Shares granted June 8, 2024
Recent shares sold 18,449 shares Shares of Elastic N.V. common stock sold June 9, 2026
Aggregate proceeds from recent sale $1,118,151.46 Total price received for 18,449 shares sold June 9, 2026
Date of Rule 144 notice September 2, 2026 Filing date of the notice of proposed sale of securities
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.
Restricted Stock financial
"The securities to be sold were acquired upon the vesting of Restricted Stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Performance Shares financial
"The securities to be sold were acquired upon the vesting of Performance Shares"
Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.
aggregate market value financial
"60658 | 5470453.86 | 104991280 | 09/02/2026 | NYSE"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

What is Kenneth Exner planning to sell under Rule 144 for ESTC?

Kenneth Exner plans to sell 60,658 shares of Elastic N.V. common stock under Rule 144, with an aggregate market value of $5,470,453.86, as indicated in the notice dated September 2, 2026.

How many Elastic N.V. shares are outstanding compared to the planned Rule 144 sale for ESTC?

Elastic N.V. reports 104,991,280 shares outstanding of common stock. The 60,658 shares covered by Kenneth Exner’s planned Rule 144 sale represent a small portion of this outstanding share count.

What awards are the ESTC shares in Kenneth Exner’s Rule 144 filing derived from?

The shares are from equity awards that vested: 56,095 shares from Restricted Stock granted on March 8, 2023, and 4,563 shares from Performance Shares granted on June 8, 2024.

Has Kenneth Exner sold ESTC shares recently before this Rule 144 notice?

Yes. During the past three months, Kenneth Exner sold 18,449 shares of Elastic N.V. common stock on June 9, 2026 for an aggregate price of $1,118,151.46.

Which broker is handling Kenneth Exner’s planned Rule 144 sale of ESTC shares?

The planned Rule 144 sale will be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, listed as the broker for the 60,658 Elastic N.V. shares to be sold.

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

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature