STOCK TITAN

Elastic CFO plans sale of 15,794 vested shares

Elastic N.V.’s chief financial officer has filed a Rule 144 notice to potentially sell 15,794 vested ordinary shares.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Elastic N.V. (ESTC) has a notice under Rule 144 for a planned sale of ordinary shares by Chief Financial Officer Welihinda Navam. The notice covers the potential sale of 15,794 ordinary shares, which were acquired through the vesting of equity awards on September 8, 2026.

The securities are ordinary shares of Elastic N.V., with E*Trade Financial Corporation listed as the broker, and the shares are listed on the NYSE. The notice is signed by Mark Kam as attorney-in-fact and dated September 9, 2026.

Positive

  • None.

Negative

  • None.
Shares to be sold 15,794 ordinary shares Ordinary shares to be sold for the account of the CFO under Rule 144
Date of acquisition/vesting September 8, 2026 Vesting of equity awards that produced the shares to be sold
Date of Rule 144 notice September 9, 2026 Date on which the Form 144 notice is dated and signed
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
"Ordinary Shares | 09/08/2026 | 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.

FAQ

What does the Form 144 filing for ESTC disclose about upcoming share sales?

The filing discloses a planned sale under Rule 144 of up to 15,794 ordinary shares of Elastic N.V., held for the account of Chief Financial Officer Welihinda Navam, with the shares acquired through vesting of equity awards on September 8, 2026.

Who is the person selling Elastic N.V. (ESTC) shares in this Form 144?

The shares are to be sold for the account of Welihinda Navam, who is identified as the Chief Financial Officer of Elastic N.V. The notice is signed on the seller’s behalf by Mark Kam as attorney-in-fact.

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

The notice covers a proposed sale of 15,794 ordinary shares of Elastic N.V. These shares are linked to the vesting of equity awards that occurred on September 8, 2026.

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

The shares to be sold are ordinary shares of Elastic N.V. acquired through the vesting of equity awards on September 8, 2026, as stated in the securities-to-be-sold section of the notice.

When was the Rule 144 notice for Elastic N.V. (ESTC) filed?

The date of the Rule 144 notice is September 9, 2026, as shown in the remarks and signature section, with the form signed by /s/ Mark Kam as attorney-in-fact.

Which broker is listed for the planned sale of Elastic N.V. (ESTC) shares?

The broker listed for the ordinary shares is E*Trade Financial Corporation, located in Alpharetta, Georgia. The shares are identified as being listed on the NYSE.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

Keep reading