[144] Elastic N.V. SEC Filing

Rhea-AI Filing Summary

Elastic N.V. (ESTC) Form 144 notice discloses a proposed sale of 4,326 ordinary shares through E*Trade with an aggregate market value of $389,865.23, and indicates those shares were acquired on 09/09/2025 upon vesting of equity awards from Elastic N.V. The filer reports multiple recent sales by related parties and individuals: four transactions totaling 400,000 ordinary shares on 09/04/2025, 09/05/2025, 09/08/2025, and 09/09/2025 with combined gross proceeds shown in the filing. The notice contains the required representation that the seller is not aware of undisclosed material adverse information.

Positive

• Disclosure compliance observed: the filer submitted a Form 144 with required sales and acquisition details
• Equity awards explicitly identified as the acquisition source: vesting on 09/09/2025

Negative

• Concentrated recent selling: four disclosed transactions total 400,000 shares across 09/04–09/09/2025
• Limited context: filing provides no explanation for the series of related-party sales or any trading plan adoption date

Insights

Financial Analyst

TL;DR: Form 144 shows officer-related equity vesting and planned small sale plus multiple related-party sales totaling 400,000 shares.

The filing documents a proposed sale of 4,326 vested ordinary shares valued at $389,865.23 and discloses four recent sales aggregating 400,000 shares by named parties with gross proceeds reported per sale. For investors, this is a standard Rule 144 notification: it records insider-related sales and vested award liquidations rather than operational performance metrics. The filing does not provide company financial results, forward guidance, or reasons for the related-party transactions beyond the transaction dates and proceeds, limiting direct impact analysis.

Corporate Governance Expert

TL;DR: Multiple disclosed sales by related entities and individuals may raise governance questions but the form itself is a routine regulatory notice.

The document shows equity awards vesting and subsequent sales by entities and individuals at specific dates with material aggregate volumes (400,000 shares sold across four transactions). While Rule 144 filings are routine, clustered sales by related parties over consecutive days warrant attention from governance and compliance perspectives to ensure policies and trading plans were followed. The filing contains the standard attestation regarding absence of undisclosed material adverse information but supplies no detail on any trading plan or internal approvals.

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
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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
Ordinary Shares	E*Trade Financial Corporation 3 Edison Drive Alpharetta GA 30005	4326	389865.23	106270940	09/09/2025	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 *
Ordinary Shares	09/09/2025	Vesting of equity awards	Elastic N.V.			11293	09/09/2025	Vesting of equity award

* 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 Street, Floor 19 San Francisco CA 94108	Ordinary Shares	09/04/2025	100000	8419910
STICHTING RNYB 88 Kearny Street, Floor 19 San Francisco CA 94108	Ordinary Shares	09/05/2025	100000	8640100
Shay Banon 88 Kearny Street, Floor 19 San Francisco CA 94108	Ordinary Shares	09/08/2025	100000	8962970
Shay Banon 88 Kearny Street, Floor 19 San Francisco CA 94108	Ordinary Shares	09/09/2025	100000	9034520

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

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

The form discloses a proposed sale of 4,326 ordinary shares valued at $389,865.23, acquired via vesting on 09/09/2025, plus four recent sales totaling 400,000 shares with gross proceeds shown.

When were the shares to be sold acquired according to the filing?

The 4,326 shares to be sold were acquired on 09/09/2025 through vesting of equity awards from Elastic N.V.

Who executed the recent sales reported in the Form 144 filing?

The filing lists sales by STICHTING RNYB (two sales) and Shay Banon (two sales) with addresses provided in the notice.

What were the dates and sizes of recent sales disclosed?

Sales were reported on 09/04/2025 (100,000 shares), 09/05/2025 (100,000 shares), 09/08/2025 (100,000 shares), and 09/09/2025 (100,000 shares).

Does the filing state there is undisclosed material information about the company?

No. The signer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.