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Elastic holder Banon to sell 84,207 shares

Shay-Shalom Banon filed a Rule 144 notice to sell 84,207 Elastic N.V. common shares, alongside disclosure of substantial recent share sales.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Elastic N.V. (ESTC) received a Rule 144 notice from Shay-Shalom Banon indicating an intention to sell 84,207 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE. The notice also lists several recent open-market sales by Banon and Stichting RNYB over the prior three months.

Positive

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Shares proposed to be sold 84,207 shares Common stock proposed for sale under Rule 144
Recent sale by Banon 180,000 shares for $16,932,438.00 Common stock sold on September 3, 2026 by Shay-Shalom Banon
Recent sale by Banon 149,009 shares for $12,930,375.18 Common stock sold on September 9, 2026 by Shay-Shalom Banon
Recent sale by Stichting RNYB 200,000 shares for $19,292,580.00 Common stock sold on August 31, 2026 by Stichting RNYB
Additional sale by Stichting RNYB 165,171 shares for $14,908,863.01 Common stock sold on September 2, 2026 by Stichting RNYB
Smaller recent sale by Banon 6,201 shares for $528,236.53 Common stock sold on September 10, 2026 by Shay-Shalom Banon
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"
Stichting other
"STICHTING RNYB 33 New Montgomery St. Floor 9 San Francisco CA"
Issuer regulatory
"Founder Stock | Issuer | | | 84207 | 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 discloses that Shay-Shalom Banon intends to sell 84,207 shares of Elastic N.V. common stock under Rule 144, using Morgan Stanley Smith Barney LLC as broker, and reports several prior sales in the last three months.

How many Elastic (ESTC) shares does Shay-Shalom Banon currently plan to sell?

Shay-Shalom Banon currently plans to sell 84,207 shares of Elastic N.V. common stock under Rule 144, with trading indicated on the NYSE through Morgan Stanley Smith Barney LLC Executive Financial Services.

What recent Elastic (ESTC) share sales by Shay-Shalom Banon are reported?

Reported recent sales by Shay-Shalom Banon include 180,000 shares on September 3, 2026 for $16,932,438.00 and 149,009 shares on September 9, 2026 for $12,930,375.18, among other smaller and larger transactions in September 2026.

What type of Elastic (ESTC) securities are covered by this Form 144?

The Form 144 covers common stock of Elastic N.V. It notes that the 84,207 shares proposed to be sold are Founder Stock originally acquired on September 24, 2012 from the issuer for cash.

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

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