[144] Elastic N.V. SEC Filing
Rhea-AI Filing Summary
Elastic N.V. (ESTC) Form 144 reports a proposed sale of 3,489 ordinary shares through E*Trade with an aggregate market value of $314,433.06. The filing lists total shares outstanding as 106,270,940 and an approximate sale date of 09/09/2025 on the NYSE. The shares to be sold were acquired by vesting of equity awards on 09/09/2025; the filing also shows an acquisition amount of 8,511 shares from Elastic N.V. on the same date and indicates payment/consideration as vesting of equity awards. The filing states there were no securities sold in the past three months by the reporting person. Several filer contact fields and identifying details are blank in the submitted tables.
Positive
- Proposed sale clearly disclosed: 3,489 ordinary shares with an aggregate market value of $314,433.06 are identified.
- Acquisition method disclosed: Shares were acquired via vesting of equity awards on 09/09/2025, with 8,511 shares shown as amount acquired.
- Broker and exchange specified: E*Trade is named as the broker and the sale is listed for the NYSE on 09/09/2025.
- No recent sales: Filing states there were no securities sold by the reporting person during the past three months.
Negative
- Filer identification missing: CIK, filer contact name, phone and email fields are blank in the provided tables.
- Insufficient reporter traceability: The filing as presented lacks clear identification of the person on whose account the sale is proposed.
- Potential data inconsistency: The table lists 8,511 shares acquired by vesting but proposes sale of 3,489 shares; context for remaining vested shares is not provided in this filing.
Insights
TL;DR: A company insider proposes a small, disclosed sale of vested shares; the filing omits some filer identification details.
The filing documents a proposed open-market sale of 3,489 ordinary shares with an aggregate value of $314,433.06, executed through E*Trade and scheduled for 09/09/2025. Acquisition information shows these shares arose from the vesting of equity awards on the same date, and the filing confirms no other sales by the reporting person in the prior three months. From a disclosure standpoint, the form provides the core transactional details investors need: number of shares, value, acquisition method, broker and expected sale date. However, key filer identification and contact fields in the submitted tables are blank, which limits traceability of the reporting person within this filing alone.
TL;DR: The filing shows compliance with Rule 144 reporting for vested awards but lacks full filer contact data.
This Form 144 satisfies the requirement to notify of a proposed Rule 144 sale by specifying the class, broker, quantity, aggregate value and expected sale date. It also records the origin of the securities as vesting of equity awards from Elastic N.V., and declares no sales in the prior three months. Good governance practice is evidenced by explicit representation about lack of undisclosed material information. The omission of filer CIK, contact name, phone and email in the presented tables is a governance and administrative gap in the publicly available document and may necessitate cross-referencing other filings to identify the reporting person.