Elastic CAO gets RSUs, sells shares for taxes

Elastic N.V. reported that its GVP & CAO, Jane E. Bone, received a grant of 12,069 ordinary shares in the form of restricted stock units that vest in sixteen equal quarterly installments beginning on September 8, 2026.

Rhea-AI Filing Summary

Elastic N.V. reported that its GVP & CAO, Jane E. Bone, received a grant of 12,069 ordinary shares in the form of restricted stock units that vest in sixteen equal quarterly installments beginning on September 8, 2026. The filing also shows an open-market sale of 1,104 ordinary shares at $60.61 per share executed solely to satisfy tax withholding obligations under Elastic’s equity incentive plan, described as a mandatory “sell to cover” rather than a discretionary trade. After these transactions, Bone directly holds 53,415 ordinary shares, which includes 166 shares purchased through the company’s Employee Stock Purchase Plan on March 15, 2026.

Insider Trade Summary

Net Seller: 1,104 shares

Net Sell 2 txns

Insider Bone Jane E

Role GVP & CAO

Sold 1,104 shs ($67K)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	1,104	$60.61	$67K
Grant/Award	Ordinary Shares	12,069	$0.00	$0.00

Holdings After Transaction: Ordinary Shares — 53,415 shares (Direct)

Footnotes (3)

1. F1. The ordinary shares are represented by restricted stock units ("RSUs"), which vest in sixteen equal quarterly installments beginning on September 8, 2026.
2. F2. Includes 166 ordinary shares purchased under the Issuer's Employee Stock Purchase Plan on March 15, 2026.
3. F3. The ordinary shares were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of RSUs. 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.

Key Figures

RSUs granted: 12,069 ordinary shares Shares sold for taxes: 1,104 ordinary shares Sale price: $60.61 per share +3 more

6 metrics

RSUs granted 12,069 ordinary shares Restricted stock units vesting over 16 quarterly installments from September 8, 2026

Shares sold for taxes 1,104 ordinary shares Open-market sale to satisfy tax obligations on RSU vesting

Sale price $60.61 per share Price for 1,104 ordinary shares sold in tax “sell to cover”

Post-transaction holdings 53,415 ordinary shares Direct ownership after RSU grant and tax-related sale

ESPP shares included 166 ordinary shares Shares purchased under Employee Stock Purchase Plan on March 15, 2026

Vesting schedule 16 equal quarterly installments RSUs vesting beginning September 8, 2026

Key Terms

restricted stock units ("RSUs"), Employee Stock Purchase Plan, equity incentive plan, sell to cover

4 terms

restricted stock units ("RSUs") financial

"The ordinary shares are represented by restricted stock units ("RSUs"), which vest in sixteen equal quarterly installments"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Employee Stock Purchase Plan financial

"Includes 166 ordinary shares purchased under the Issuer's Employee Stock Purchase Plan on March 15, 2026."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

equity incentive plan financial

"The sales were mandated by the Issuer's equity incentive plan which requires the satisfaction of tax withholding obligations"

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

sell to cover financial

"funded by a "sell to cover" transaction and does not represent a discretionary trade"

Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Elastic (ESTC) report for Jane E. Bone?

Elastic reported that GVP & CAO Jane E. Bone received 12,069 restricted stock units and sold 1,104 ordinary shares. The sale was solely to cover tax obligations tied to vesting, under the company’s equity incentive plan.

How many Elastic (ESTC) shares does Jane E. Bone hold after the Form 4?

After the reported transactions, Jane E. Bone directly holds 53,415 Elastic ordinary shares. This total includes 166 shares previously purchased through the company’s Employee Stock Purchase Plan on March 15, 2026.

Was the Elastic (ESTC) insider share sale a discretionary trade?

No. The 1,104 Elastic ordinary shares were sold to satisfy Jane E. Bone’s tax obligations on RSU vesting. The sale was mandated by Elastic’s equity incentive plan as a required “sell to cover” transaction.

What are the terms of the RSU grant to Elastic (ESTC) executive Jane E. Bone?

Jane E. Bone’s 12,069 restricted stock units represent ordinary shares that vest in sixteen equal quarterly installments. Vesting begins on September 8, 2026, providing a multi‑year equity compensation schedule tied to her ongoing service.

What role does the Employee Stock Purchase Plan play in Jane E. Bone’s Elastic (ESTC) holdings?

Jane E. Bone’s post‑transaction total of 53,415 Elastic shares includes 166 ordinary shares bought under the Employee Stock Purchase Plan on March 15, 2026. This indicates participation in the company’s employee share purchase program.

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

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Accepted by SEC EDGAR 06/10/2026 - 04:48 PM 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^*

Bone Jane E

(Last) (First) (Middle)

C/O ELASTIC N.V.

88 KEARNY STREET, FLOOR 19

(Street)

SAN FRANCISCO CALIFORNIA 94108

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	GVP & CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026

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	06/08/2026		A		12,069(1)	A	$0	54,519(2)	D
Ordinary Shares	06/09/2026		S(3)		1,104	D	$60.61	53,415	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. The ordinary shares are represented by restricted stock units ("RSUs"), which vest in sixteen equal quarterly installments beginning on September 8, 2026.

2. Includes 166 ordinary shares purchased under the Issuer's Employee Stock Purchase Plan on March 15, 2026.

3. The ordinary shares were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of RSUs. 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.

	/s/ Marielle Reints, by power of attorney	06/10/2026
	** 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)