STOCK TITAN

Elastic officer plans $12.9M stock sale

(Neutral)
(Neutral)
Form Type
144

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.

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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
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

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.

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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

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