Elastic CFO sells 4,327 shares in tax-related transaction
Elastic N.V. reported that its Chief Financial Officer filed a Form 4 disclosing an automatic, tax-related share sale.
Rhea-AI Filing Summary
Elastic N.V. reported that its Chief Financial Officer filed a Form 4 disclosing an automatic, tax-related share sale. On 12/09/2025, the CFO sold 4,327 ordinary shares of Elastic at a price of $75.05 per share, as shown in Table I.
The filing explains that these shares were sold solely to satisfy tax withholding obligations triggered by the vesting of restricted stock units under Elastic’s equity incentive plan, using a mandated “sell to cover” mechanism. After this transaction, the CFO directly beneficially owned 124,920 ordinary shares of Elastic.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 4,327 | $75.05 | $325K |
Footnotes (1)
- F1. The ordinary shares were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of restricted stock units. The sales were mandated by the Issuer's equity incentive plan which requires the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Elastic (ESTC) disclose in this Form 4?
The Form 4 reports that Elastic’s Chief Financial Officer sold 4,327 ordinary shares on 12/09/2025 at a price of $75.05 per share.
Was the Elastic (ESTC) CFO’s trade a discretionary sale?
No. The filing explains that the sales were mandated by Elastic’s equity incentive plan to fund required tax withholding through a “sell to cover” transaction, and do not represent a discretionary trade by the CFO.
What role does the reporting person hold at Elastic (ESTC)?
The reporting person is identified as an Officer of Elastic N.V., serving as the company’s Chief Financial Officer.
AI-generated analysis. How Rhea-AI works. Not financial advice.