Elastic CAO sells 1,542 shares at $87.78

Elastic’s GVP & CAO executed a non-discretionary sell-to-cover of 1,542 shares for tax withholding tied to RSU vesting, retaining 47,697 shares.

Rhea-AI Filing Summary

Elastic N.V. (ESTC) reports that officer Jane E. Bone, its GVP & CAO, sold 1,542 ordinary shares on September 9, 2026 at $87.78 per share. According to the disclosure, this sale was a mandatory "sell to cover" for tax withholding on vested restricted stock units, not a discretionary trade, and Bone continues to hold 47,697 shares directly. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Seller: 1,542 shares

Net Sell 1 txn

Insider Bone Jane E

Role GVP & CAO

Sold 1,542 shs ($135K)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares F1	1,542	$87.78	$135K

Holdings After Transaction: Ordinary Shares — 47,697 shares (Direct)

Footnotes (1)

1. F1. The ordinary shares were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of restricted stock units. 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

Shares sold: 1,542 shares Sale price per share: $87.78 per share Shares held after transaction: 47,697 shares

3 metrics

Shares sold 1,542 shares Ordinary shares sold by Jane E. Bone on September 9, 2026

Sale price per share $87.78 per share Price for the 1,542 ordinary shares sold on September 9, 2026

Shares held after transaction 47,697 shares Directly held by Jane E. Bone following the September 9, 2026 sale

Key Terms

sell to cover, equity incentive plan, restricted stock units

3 terms

sell to cover financial

"requires the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction"

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.

equity incentive plan financial

"The sales were mandated by the Issuer's equity incentive plan which requires"

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.

restricted stock units financial

"tax obligations in connection with the vesting of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

FAQ

What insider transaction did Elastic N.V. (ESTC) report for Jane E. Bone?

Elastic reported that GVP & CAO Jane E. Bone sold 1,542 ordinary shares on September 9, 2026 at $87.78 per share. The sale was described as a mandatory sell-to-cover for tax withholding on vested RSUs, not a discretionary trade.

Why did the Elastic (ESTC) insider sale by Jane E. Bone occur?

The filing states the shares were sold to satisfy tax obligations arising from the vesting of restricted stock units. The issuer’s equity incentive plan mandates that required tax withholding be funded through a “sell to cover” transaction.

Was Jane E. Bone’s Elastic (ESTC) share sale under a Rule 10b5-1 plan?

No. The document-level Rule 10b5-1 checkbox is not checked, and the footnote explains the sale was mandated by the company’s equity incentive plan rather than executed under a Rule 10b5-1 trading plan.

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

After selling 1,542 ordinary shares, Jane E. Bone is reported to hold 47,697 ordinary shares of Elastic N.V. directly following the transaction on September 9, 2026.

What was the price of the Elastic (ESTC) shares sold by Jane E. Bone?

The reported sale price was $87.78 per share for the 1,542 ordinary shares sold on September 9, 2026. The transaction is described as a sale in the open market or a private transaction.

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

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Available on EDGAR 09/10/2026 - 05:36 PM Accepted by SEC EDGAR 09/10/2026 - 05:35 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.

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)

	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)
09/09/2026

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	09/09/2026		S(1)		1,542	D	$87.78	47,697	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 were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of restricted stock units. 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	09/10/2026
	** 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)