Elastic officer plans $16.9M sale of shares

Officer Shay‑Shalom Banon filed a Rule 144 notice to potentially sell 180,000 Elastic N.V. common shares, with additional recent insider-related sales disclosed.

Rhea-AI Filing Summary

Elastic N.V. (ESTC) received a Rule 144 notice from officer Shay‑Shalom Banon covering a proposed sale of 180,000 common shares. The shares are described as Founder Stock acquired on September 24, 2012 and are to be sold for cash through Morgan Stanley Smith Barney. The notice also lists recent Rule 144 sales by STICHTING RNYB totaling several hundred thousand Elastic common shares over the past three months, with individual transactions of 200,000, 165,171 and 111,127 shares.

Key Figures

Shares to be sold: 180,000 shares Aggregate market value of shares to be sold: $16,932,438.00 Shares outstanding: 104,991,280 shares +3 more

6 metrics

Shares to be sold 180,000 shares Common stock covered by Shay‑Shalom Banon’s Rule 144 notice

Aggregate market value of shares to be sold $16,932,438.00 Value of 180,000 Elastic common shares in the Rule 144 filing

Shares outstanding 104,991,280 shares Elastic common shares outstanding referenced in the notice

Past sale on August 31, 2026 200,000 shares for $19,292,580.00 Elastic common shares sold by STICHTING RNYB

Past sale on September 1, 2026 111,127 shares for $10,289,971.26 Elastic common shares sold by STICHTING RNYB

Past sale on September 2, 2026 165,171 shares for $14,908,863.01 Elastic common shares sold by STICHTING RNYB

Key Terms

Rule 144, Founder Stock, Aggregate market value, Securities To Be Sold

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

"Common | Morgan Stanley Smith Barney LLC ... | 180000 | 16932438.00"

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.

Securities To Be Sold regulatory

"144: Securities To Be Sold"

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 officer Shay‑Shalom Banon has filed a Rule 144 notice for a potential sale of 180,000 common shares of Elastic N.V., specifying the planned broker, security type, acquisition date, and recent related sales.

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

Shay‑Shalom Banon’s notice covers a proposed sale of 180,000 common shares of Elastic N.V. under Rule 144. This represents the number of shares indicated in the “Securities To Be Sold” section of the filing.

What is the aggregate market value of the Elastic (ESTC) shares in this Form 144?

The Form 144 lists an aggregate market value of $16,932,438.00 for the 180,000 Elastic common shares covered by the notice, based on the market price used in the filing on September 3, 2026.

How many Elastic (ESTC) shares are reported as outstanding in this notice?

The Form 144 reports 104,991,280 common shares outstanding of Elastic N.V. in connection with the Rule 144 notice for Shay‑Shalom Banon’s proposed sale.

What prior Elastic (ESTC) share sales are disclosed for the last three months?

The filing lists sales by STICHTING RNYB of Elastic common stock: 200,000 shares for $19,292,580.00 on August 31, 2026; 111,127 shares for $10,289,971.26 on September 1, 2026; and 165,171 shares for $14,908,863.01 on September 2, 2026.

What type of Elastic (ESTC) shares is Shay‑Shalom Banon selling and when were they acquired?

The notice identifies the securities as Common shares classified as Founder Stock, acquired from the issuer on September 24, 2012, with the proposed sale for cash.

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

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Available on EDGAR 09/03/2026 - 05:27 PM EDT Accepted by SEC EDGAR 09/03/2026 - 04:48 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	88 Kearny St. Floor 19 San Francisco CALIFORNIA 94108
Phone	(650) 458-2620
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	180000	16932438.00	104991280	09/03/2026	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			180000	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
STICHTING RNYB 88 Kearny St. Floor 19 San Francisco CA 94108	Common	09/02/2026	165171	14908863.01
STICHTING RNYB 88 Kearny St. Floor 19 San Francisco CA 94108	Common	09/01/2026	111127	10289971.26
STICHTING RNYB 88 Kearny St. Floor 19 San Francisco CA 94108	Common	08/31/2026	200000	19292580.00

144: Remarks and Signature

Remarks
Date of Notice	09/03/2026
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)