Elastic Executive's Stock Sale Follows Recent $479K Trading Activity

Rhea-AI Filing Summary

Form 144 Notice of Proposed Sale filed for Elastic N.V. (NYSE: ESTC) indicates an insider's intention to sell securities. The filing details a proposed sale of 2,500 shares of common stock with an aggregate market value of $208,738.75.

Key transaction details:

• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
• Shares were acquired as Restricted Stock from the issuer on March 8, 2025
• Planned sale date: June 24, 2025
• Current shares outstanding: 105,534,887

The filing also discloses a previous sale by the same insider (Mark Dodds) within the past 3 months, where 5,514 shares were sold on June 9, 2025, generating gross proceeds of $479,229.46. The seller affirms no knowledge of undisclosed material adverse information regarding the company's operations.

Positive

• None.

Negative

• Insider Mark Dodds plans to sell 2,500 shares worth $208,739, following a recent sale of 5,514 shares worth $479,229 in June 2025, indicating continued insider selling pressure

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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
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2500	208738.75	105534887	06/24/2025	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 *
Common	03/08/2025	Restricted Stock	Issuer			2500	03/08/2025	Not Applicable

* 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
MARK DODDS 88 Kearny St. Floor 19 San Francisco CA 94108	Common	06/09/2025	5514	479229.46

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

How many ESTC shares are being sold by insiders according to the June 2025 Form 144?

According to the Form 144 filing dated June 28, 2025, an insider plans to sell 2,500 shares of Elastic N.V. (ESTC) common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $208,738.75.

What was the previous insider sale of ESTC stock in the past 3 months before this Form 144?

Mark Dodds, located in San Francisco, previously sold 5,514 shares of ESTC common stock on June 9, 2025, generating gross proceeds of $479,229.46.

What is the total outstanding shares of ESTC according to the June 2025 Form 144?

According to the Form 144 filing, Elastic N.V. (ESTC) had 105,534,887 shares outstanding at the time of the filing.

How did the insider acquire the ESTC shares being sold?

The shares being sold were acquired on March 8, 2025, through Restricted Stock issued by the company. The filing indicates 2,500 shares were acquired, with the nature of payment listed as 'Not Applicable.'

When is the approximate date of sale for the ESTC shares mentioned in the Form 144?

The Form 144 filing indicates that the approximate date of sale for the 2,500 ESTC shares is June 24, 2025, to be executed on the NYSE (New York Stock Exchange).