Elastic Executive's Minor Stock Sale Shows Continued Confidence in Company
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Elastic N.V. (ESTC) Chief Revenue Officer Mark Eugene Dodds reported a significant insider transaction on June 24, 2025. The Form 4 filing reveals that Dodds sold 2,500 ordinary shares at an average price of $83.4955 per share, resulting in a transaction value of approximately $208,739.
Following the transaction, Dodds continues to hold 172,321 ordinary shares directly. This sale represents a relatively small portion (approximately 1.4%) of his total holdings in the company. The transaction was executed as a direct sale (transaction code 'S') and was reported within the required two-business-day filing window.
- Transaction Type: Direct Sale (S)
- Share Price: $83.4955
- Remaining Direct Holdings: 172,321 shares
- Position: Chief Revenue Officer
Positive
- None.
Negative
- Chief Revenue Officer Mark Dodds sold 2,500 shares at $83.50, totaling approximately $208,740, though retaining a significant position of 172,321 shares
Insider Trade Summary
Net Seller: 2,500 shares ($208,739)
Net Sell
1 txn
Insider
Dodds Mark Eugene
Role
Chief Revenue Officer
Sold
2,500 shs ($209K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,500 | $83.4955 | $209K |
Holdings After Transaction:
Ordinary Shares — 172,321 shares (Direct)
Footnotes (1)
FAQ
Was Mark Dodds' ESTC stock sale made under a 10b5-1 trading plan?
No, the Form 4 filing does not indicate that this transaction was made pursuant to a Rule 10b5-1 trading plan, as the corresponding checkbox was not marked on the form.
What is Mark Dodds' position at Elastic N.V. (ESTC)?
Mark Dodds serves as the Chief Revenue Officer of Elastic N.V., as indicated in the Form 4 filing under the Relationship of Reporting Person(s) to Issuer section.