Elastic director reports sale of 1.5M shares
The reported post-sale position was 4,504,600 ordinary shares held of record by CMXI B.V.
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Rhea-AI Filing Summary
Elastic N.V. director Steven Schuurman reported that 1,500,000 ordinary shares held of record by CMXI B.V. were sold on October 5, 2026, at $90.13 per share. The reported post-transaction position was 4,504,600 ordinary shares. Schuurman, CMXI’s controlling shareholder, holds sole voting and dispositive power over these shares but disclaims beneficial ownership except to the extent of his pecuniary interest. No Rule 10b5-1 plan is reported.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1 | 1,500,000 | $90.13 | $135.19M |
Footnotes (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
Key Terms
dispositive power regulatory
beneficial ownership regulatory
pecuniary interest regulatory
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