Elastic officer plans about $105M stock sale

Rhea-AI Filing Summary

Elastic N.V. (ESTC) received a notice under Rule 144 that Shay‑Shalom Banon intends to sell up to 528,236.53 shares of common stock with an aggregate market value of approximately $104,991,280, as of September 10, 2026, through Morgan Stanley Smith Barney LLC on the NYSE.

The notice also lists recent open‑market sales over the prior three months by Shay‑Shalom Banon and Stichting RNYB in Elastic common stock.

Key Figures

Planned shares to be sold: 528,236.53 shares Aggregate market value of planned sale: $104,991,280 Sale on September 9, 2026 by Shay‑Shalom Banon: 149,009 shares; $12,930,375.18 +5 more

8 metrics

Planned shares to be sold 528,236.53 shares Elastic N.V. common stock covered by the Form 144 notice for NYSE sales

Aggregate market value of planned sale $104,991,280 Value of the 528,236.53 shares indicated as of September 10, 2026

Sale on September 9, 2026 by Shay‑Shalom Banon 149,009 shares; $12,930,375.18 Elastic N.V. common stock sold during the past three months

Sale on September 4, 2026 by Shay‑Shalom Banon 80,583 shares; $7,465,804.73 Elastic N.V. common stock sold during the past three months

Sale on September 3, 2026 by Shay‑Shalom Banon 180,000 shares; $16,932,438.00 Elastic N.V. common stock sold during the past three months

Sale on August 31, 2026 by Stichting RNYB 200,000 shares; $19,292,580.00 Elastic N.V. common stock sold during the past three months

Acquisition date of Founder Stock September 24, 2012 Date the Founder Stock was acquired from the issuer for cash

Filing signature date September 10, 2026 Date Shay Banon signed the Rule 144 notice

Key Terms

Rule 144, Founder Stock, aggregate market value, Issuer

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"

aggregate market value financial

"528236.53 | 104991280 | 09/10/2026 | 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.

Issuer regulatory

"Founder Stock | Issuer | | | 6201 | 09/24/2012"

FAQ

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

What does the Form 144 filing disclose for Elastic N.V. (ESTC)?

The filing states that Shay‑Shalom Banon intends to sell up to 528,236.53 shares of Elastic N.V. common stock, with an aggregate market value of about $104,991,280, in transactions on the NYSE through Morgan Stanley Smith Barney LLC.

How many Elastic (ESTC) shares are planned to be sold and what is their value?

The notice covers a proposed sale of 528,236.53 common shares of Elastic N.V., showing an aggregate market value of about $104,991,280 as of September 10, 2026 for the planned NYSE transactions.

Who is the selling security holder in this Elastic N.V. (ESTC) Form 144?

The selling security holder is Shay‑Shalom Banon, identified as an officer of Elastic N.V. The filing also references prior sales by Shay‑Shalom Banon and by Stichting RNYB for aggregation under Rule 144.

What recent Elastic (ESTC) stock sales by Shay‑Shalom Banon are reported?

Reported recent sales include 149,009 shares on September 9, 2026 for proceeds of $12,930,375.18, 80,583 shares on September 4, 2026 for $7,465,804.73, and 180,000 shares on September 3, 2026 for $16,932,438.00.

What Elastic N.V. (ESTC) sales by Stichting RNYB are listed in the past three months?

Stichting RNYB is shown selling 200,000 shares on August 31, 2026 for $19,292,580.00, 111,127 shares on September 1, 2026 for $10,289,971.26, and additional transactions on September 2–3, 2026 with stated share counts and dollar amounts.

What type of Elastic (ESTC) securities are covered in the Form 144?

The filing covers common stock of Elastic N.V., including a block identified as Founder Stock originally acquired from the issuer on September 24, 2012 for cash.

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

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Available on EDGAR 09/10/2026 - 04:30 PM EDT Accepted by SEC EDGAR 09/10/2026 - 04:29 PM EDT 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	0001753445
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	(650) 880-1260
Name of Person for Whose Account the Securities are To Be Sold	SHAY-SHALOM BANON
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	Officer

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
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	6201	528236.53	104991280	09/10/2026	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 *
Common	09/24/2012	Founder Stock	Issuer			6201	09/24/2012	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
SHAY-SHALOM BANON 33 New Montgomery St. Floor 9 San Francisco CA 94105	Common	09/09/2026	149009	12930375.18
SHAY-SHALOM BANON 33 New Montgomery St. Floor 9 San Francisco CA 94105	Common	09/04/2026	80583	7465804.73
SHAY-SHALOM BANON 33 New Montgomery St. Floor 9 San Francisco CA 94105	Common	09/03/2026	180000	16932438.00
STICHTING RNYB 33 New Montgomery St. Floor 9 San Francisco CA 94105	Common	09/03/2026	23702	2230556.51
STICHTING RNYB 33 New Montgomery St. Floor 9 San Francisco CA 94105	Common	09/02/2026	165171	14908863.01
STICHTING RNYB 33 New Montgomery St. Floor 9 San Francisco CA 94105	Common	09/01/2026	111127	10289971.26
STICHTING RNYB 33 New Montgomery St. Floor 9 San Francisco CA 94105	Common	08/31/2026	200000	19292580.00

144: Remarks and Signature

Remarks
Date of Notice	09/10/2026
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	/s/ Shay Banon
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)