Elastic N.V. director reports 2M-share indirect sale

CMXI B.V. held the shares of record, while Steven Schuurman reported sole voting and dispositive power and disclaimed beneficial ownership except for his pecuniary interest.

Rhea-AI Filing Summary

Elastic N.V. director Steven Schuurman reported an indirect sale by CMXI B.V. of 2,000,000 ordinary shares on October 12, 2026, at $94.15 per share. CMXI B.V. held the shares of record; Schuurman, its controlling shareholder, held sole voting and dispositive power and disclaimed beneficial ownership except to the extent of his pecuniary interest. The reported position following the sale was 2,504,600 shares. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Net Seller: 2,000,000 shares

Net Sell 1 txn

Insider Schuurman Steven

Role Director

Sold 2,000,000 shs ($188.30M)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares F1	2,000,000	$94.15	$188.30M

Holdings After Transaction: Ordinary Shares — 2,504,600 shares (Indirect, See footnote)

Footnotes (1)

1. F1. The ordinary shares are held of record by CMXI B.V., or CMXI. As the controlling shareholder of CMXI, Mr. Schuurman holds sole voting and dispositive power with respect to these ordinary shares. Mr. Schuurman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

Key Figures

Shares sold: 2,000,000 ordinary shares Price per share: $94.15 per share Reported position after sale: 2,504,600 shares

3 metrics

Shares sold 2,000,000 ordinary shares Indirect sale by CMXI B.V. on October 12, 2026

Price per share $94.15 per share Sale on October 12, 2026

Reported position after sale 2,504,600 shares Shares held of record by CMXI B.V.

Key Terms

sole voting and dispositive power, beneficial ownership, pecuniary interest

3 terms

sole voting and dispositive power regulatory

"holds sole voting and dispositive power"

beneficial ownership regulatory

"disclaims beneficial ownership of these securities"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest regulatory

"except to the extent of his pecuniary interest therein"

FAQ

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How many ESTC shares did CMXI B.V. sell, and at what price?

CMXI B.V. sold 2,000,000 Elastic N.V. ordinary shares on October 12, 2026, at $94.15 per share. The reported position following the sale was 2,504,600 shares. No Rule 10b5-1 plan is reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/13/2026 - 04:27 PM EDT Accepted by SEC EDGAR 10/13/2026 - 04:26 PM EDT Learn about SEC filing dates

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
Estimated average burden
hours per response:			0.5

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

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^*

Schuurman Steven

(Last) (First) (Middle)

C/O ELASTIC N.V.

33 NEW MONTGOMERY ST., FLOOR 9

(Street)

SAN FRANCISCO CALIFORNIA 94105

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/12/2026

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

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

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

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	10/12/2026		S		2,000,000	D	$94.15	2,504,600	I	See footnote(1)

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. The ordinary shares are held of record by CMXI B.V., or CMXI. As the controlling shareholder of CMXI, Mr. Schuurman holds sole voting and dispositive power with respect to these ordinary shares. Mr. Schuurman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

	/s/ Marielle Reints, by power of attorney for Steven Schuurman	10/13/2026
	** 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.
* Form 4: SEC 1474 (03-26)