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.
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.
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Key Figures
Shares to be sold: 15,794 ordinary shares
Date of acquisition/vesting: September 8, 2026
Date of Rule 144 notice: September 9, 2026
3 metrics
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
Key Terms
Rule 144, vesting of equity awards, attorney-in-fact
3 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
"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
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.