Elastic CEO plans $2.6M Rule 144 stock sale

Elastic N.V.’s CEO has filed a Rule 144 notice covering a potential sale of 29,227 Ordinary Shares.

Rhea-AI Filing Summary

Elastic N.V. (ESTC) disclosed that Chief Executive Officer and Director Ashutosh Kulkarni filed a notice to sell Ordinary Shares under Rule 144. The filing lists up to 29,227 Ordinary Shares for potential sale, with an aggregate market value of 2,565,613.05, and references the NYSE as the securities exchange.

Key Figures

Shares to be sold under Rule 144: 29,227 shares Aggregate market value of shares to be sold: 2,565,613.05 Shares outstanding: 104,991,280 shares +2 more

5 metrics

Shares to be sold under Rule 144 29,227 shares Ordinary Shares of Elastic N.V. listed for potential sale under Rule 144

Aggregate market value of shares to be sold 2,565,613.05 Aggregate market value associated with the 29,227 Ordinary Shares in the notice

Shares outstanding 104,991,280 shares Ordinary Shares of Elastic N.V. reported as outstanding

Shares acquired via vesting of equity awards 51,515 shares Ordinary Shares acquired on September 8, 2026 through vesting of equity awards

Approximate sale date September 9, 2026 Approximate date of sale for the Ordinary Shares under Rule 144

Key Terms

Rule 144, vesting of equity awards, attorney-in-fact, Ordinary Shares

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.

vesting of equity awards financial

"Vesting of equity awards | Elastic N.V."

attorney-in-fact regulatory

"Signature | /s/ Mark Kam, attorney-in-fact"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

Ordinary Shares financial

"Ordinary Shares | E*Trade Financial Corporation"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

FAQ

What insider transaction did Elastic N.V. (ESTC) disclose in this Form 144?

Elastic N.V. disclosed that CEO and Director Ashutosh Kulkarni filed a Rule 144 notice covering a potential sale of 29,227 Ordinary Shares of the company on the NYSE.

How many Elastic N.V. (ESTC) shares are covered by the Rule 144 notice?

The Rule 144 notice covers up to 29,227 Ordinary Shares of Elastic N.V., with a stated aggregate market value of 2,565,613.05 tied to this potential sale.

What is the approximate sale date for the Elastic N.V. (ESTC) shares in this Form 144?

The notice indicates an approximate sale date of September 9, 2026 for the Ordinary Shares of Elastic N.V. to be sold under Rule 144 on the NYSE.

How many Elastic N.V. (ESTC) shares are reported as outstanding in the Form 144?

The Form 144 reports that 104,991,280 Ordinary Shares of Elastic N.V. were outstanding, providing context for the size of the potential Rule 144 sale.

What is the source of the Elastic N.V. (ESTC) shares to be sold under Rule 144?

The securities-to-be-sold section states that 51,515 Ordinary Shares were acquired on September 8, 2026 through the vesting of equity awards in Elastic N.V.

Who signed the Elastic N.V. (ESTC) Form 144 filing?

The Form 144 notice was signed by Mark Kam as attorney-in-fact, on the Date of Notice of September 9, 2026, in connection with the planned Rule 144 sale.

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

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Available on EDGAR 09/09/2026 - 08:08 PM Accepted by SEC EDGAR 09/09/2026 - 08:08 PM 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	0001829070
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	33 New Montgomery St., 9th Floor San Francisco CALIFORNIA 94105
Phone	650-458-2620
Name of Person for Whose Account the Securities are To Be Sold	Kulkarni Ashutosh
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	Chief Executive Officer and Director

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	29227	2565613.05	104991280	09/09/2026	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 *
Ordinary Shares	09/08/2026	Vesting of equity awards	Elastic N.V.			51515	09/08/2026	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

Nothing to Report

144: Remarks and Signature

Remarks	None
Date of Notice	09/09/2026
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/ Mark Kam, attorney-in-fact
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)