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.
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
- None.
Negative
- None.
Key Figures
Shares proposed to be sold: 84,207 shares
Recent sale by Banon: 180,000 shares for $16,932,438.00
Recent sale by Banon: 149,009 shares for $12,930,375.18
+3 more
6 metrics
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
Key Terms
Rule 144, Founder Stock, Stichting, 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"
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.
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.