Elastic officer plans $12.9M stock sale

Rhea-AI Filing Summary

Elastic N.V. (ESTC) received a Rule 144 notice from officer Shay‑Shalom Banon covering the proposed sale of 149,009 shares of its common stock through Morgan Stanley Smith Barney LLC. The filing lists an aggregate market value of $12,930,375.18 for these shares and notes 104,991,280 shares outstanding of Elastic common stock as of the filing.

The shares to be sold are identified as Founder Stock originally acquired from the issuer on September 24, 2012 for cash. The notice also reports several sales of Elastic common shares during the prior three months by Shay‑Shalom Banon and Stichting RNYB, including multiple transactions between August 31, 2026 and September 4, 2026.

Key Figures

Shares proposed to be sold: 149,009 shares Aggregate market value of proposed sale: $12,930,375.18 Shares outstanding: 104,991,280 shares +3 more

6 metrics

Shares proposed to be sold 149,009 shares Common stock covered by Shay‑Shalom Banon’s Rule 144 notice

Aggregate market value of proposed sale $12,930,375.18 Value of 149,009 Elastic N.V. common shares in the Rule 144 notice

Shares outstanding 104,991,280 shares Elastic N.V. common shares outstanding as stated in the notice

Past sale on September 4, 2026 80,583 shares for $7,465,804.73 Sale of Elastic common stock by Shay‑Shalom Banon

Past sale on September 3, 2026 (Banon) 180,000 shares for $16,932,438.00 Sale of Elastic common stock by Shay‑Shalom Banon

Past sale on August 31, 2026 (Stichting RNYB) 200,000 shares for $19,292,580.00 Sale of Elastic common stock by Stichting RNYB

Key Terms

Rule 144, Founder Stock, aggregate market value, Stichting

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.

Founder Stock financial

"Common | 09/24/2012 | Founder Stock | Issuer"

aggregate market value financial

"Common | ... | 149009 | 12930375.18 | 104991280 | 09/09/2026"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

Stichting financial

"STICHTING RNYB 33 New Montgomery St. Floor 9 San Francisco CA 94105"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

It discloses that officer Shay‑Shalom Banon intends to sell 149,009 shares of Elastic N.V. common stock under Rule 144, with an aggregate market value of $12,930,375.18, and provides background on the shares and recent related sales.

How many Elastic (ESTC) shares are covered by Shay‑Shalom Banon’s planned Rule 144 sale?

The notice covers a proposed sale of 149,009 shares of Elastic N.V. common stock. These shares are described as Founder Stock originally acquired from Elastic on September 24, 2012 for cash.

What is the reported market value of the Elastic (ESTC) shares in this Form 144?

The Form 144 reports an aggregate market value of $12,930,375.18 for the 149,009 shares of Elastic N.V. common stock proposed to be sold under Rule 144.

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

The filing states that 104,991,280 shares of Elastic N.V. common stock were outstanding. This figure provides context for the relative size of the 149,009-share proposed sale.

What prior sales of Elastic (ESTC) stock are listed in the past three months?

Reported past‑three‑month sales include, among others, 80,583 shares on September 4, 2026 for $7,465,804.73 and 180,000 shares on September 3, 2026 for $16,932,438.00 by Shay‑Shalom Banon, plus several transactions by Stichting RNYB.

Who is the broker for the planned Elastic (ESTC) share sale in this Form 144?

The planned sale of 149,009 Elastic N.V. shares is listed under the account of Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, NY 10004.

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 Not now

Available on EDGAR 09/09/2026 - 05:02 PM EDT Accepted by SEC EDGAR 09/09/2026 - 05:01 PM EDT 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	0001753445
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) 880-1260
Name of Person for Whose Account the Securities are To Be Sold	SHAY-SHALOM BANON
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	Officer

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	149009	12930375.18	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 *
Common	09/24/2012	Founder Stock	Issuer			149009	09/24/2012	Cash

* 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
SHAY-SHALOM BANON 33 New Montgomery St. Floor 9 San Francisco CA 94105	Common	09/04/2026	80583	7465804.73
SHAY-SHALOM BANON 33 New Montgomery St. Floor 9 San Francisco CA 94105	Common	09/03/2026	180000	16932438.00
STICHTING RNYB 33 New Montgomery St. Floor 9 San Francisco CA 94105	Common	09/03/2026	23702	2230556.51
STICHTING RNYB 33 New Montgomery St. Floor 9 San Francisco CA 94105	Common	09/02/2026	165171	14908863.01
STICHTING RNYB 33 New Montgomery St. Floor 9 San Francisco CA 94105	Common	09/01/2026	111127	10289971.26
STICHTING RNYB 33 New Montgomery St. Floor 9 San Francisco CA 94105	Common	08/31/2026	200000	19292580.00

144: Remarks and Signature

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