Elastic N.V. insider sells 5,198 shares at $75.05 in tax sale
Elastic N.V. reported that its Chief Revenue Officer filed a Form 4 disclosing an automatic sale of company shares.
Rhea-AI Filing Summary
Elastic N.V. reported that its Chief Revenue Officer filed a Form 4 disclosing an automatic sale of company shares. On 12/09/2025, the officer sold 5,198 ordinary shares of Elastic N.V. at a price of $75.05 per share. After this transaction, the officer directly beneficially owns 156,286 ordinary shares.
The company explains that these shares were sold solely to cover tax obligations arising from the vesting of performance-based restricted stock units and restricted stock units. The sale was mandated by Elastic’s equity incentive plan as a “sell to cover” transaction and is described as not a discretionary trade by the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 5,198 | $75.05 | $390K |
Footnotes (1)
- F1. The ordinary shares were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of performance-based restricted stock units and 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
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What insider transaction did Elastic N.V. (ESTC) disclose in this Form 4?
What position does the reporting person hold at Elastic N.V. (ESTC)?
Does this Elastic (ESTC) Form 4 involve any derivative securities?
AI-generated analysis. How Rhea-AI works. Not financial advice.