Elastic (NYSE: ESTC) CEO reports 5,000-share sale in Rule 10b5-1 trade

Rhea-AI Filing Summary

Elastic N.V.’s chief executive officer and director reported selling a total of 5,000 ordinary shares on December 15, 2025 in open-market transactions made under a pre-established Rule 10b5-1 trading plan.

The sales were executed in three tranches at reported weighted average prices of $74.07 and $75.29 per share, and a separate sale at $76.17 per share. Following these transactions, the reporting person beneficially owned 426,901 ordinary shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kulkarni Ashutosh

(Last) (First) (Middle)

C/O ELASTIC N.V.

88 KEARNY STREET, FLOOR 19

(Street)

SAN FRANCISCO CA 94108

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Elastic N.V. [ ESTC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	12/15/2025		S(1)		3,200	D	$74.07(2)	428,701	D
Ordinary Shares	12/15/2025		S(1)		1,300	D	$75.29(3)	427,401	D
Ordinary Shares	12/15/2025		S(1)		500	D	$76.17	426,901	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 24, 2024.

2. The price reported in Column 4 represents a weighted average sales price of $ 74.0698. These shares were sold in multiple transactions at prices ranging from $73.55 to $74.475, inclusive. The reporting person undertakes to provide to Elastic N.V., any security holder of Elastic N.V., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in footnotes 2 and 3 to this Form 4.

3. The price reported in Column 4 represents a weighted average sales price of $ 75.2931. These shares were sold in multiple transactions at prices ranging from $75.00 to $75.50, inclusive.

	/s/ Marielle Reints, by power of attorney	12/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Elastic (ESTC) report in this Form 4?

The Form 4 shows that Elastic N.V.’s chief executive officer and director sold a total of 5,000 ordinary shares on December 15, 2025 in open-market transactions.

How many Elastic (ESTC) shares were sold in each transaction and at what prices?

The reporting person sold 3,200 ordinary shares at a weighted average price of $74.07 per share (with individual trades from $73.55 to $74.475), 1,300 ordinary shares at a weighted average price of $75.29 per share (with trades from $75.00 to $75.50), and 500 ordinary shares at $76.17 per share.

Were the Elastic (ESTC) share sales made under a Rule 10b5-1 trading plan?

Yes. A footnote states that the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 24, 2024.

How many Elastic N.V. shares does the insider own after these transactions?

After the reported sales, the Form 4 shows the reporting person beneficially owning 426,901 ordinary shares of Elastic N.V.

When did the reported Elastic (ESTC) insider transactions occur?

The earliest and only transaction date reported is December 15, 2025, as shown in both the transaction table and the date-of-earliest-transaction field.

How are the price ranges for the Elastic (ESTC) sales described?

Footnotes explain that the weighted average prices of $74.0698 and $75.2931 reflect multiple trades, with prices ranging from $73.55 to $74.475 and from $75.00 to $75.50, respectively.