SEC Form 4 · accession 0001123292-26-000867
Elastic N.V. · ESTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ken Exner
Officer — Chief Product Officer
Period of report
Jun 8, 2026
Accepted (ET)
Jun 10, 2026 · 4:49 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001707753
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | Jun 8, 2026 | A | 48,616 | $0.00 | A | 271,344 | D | |
| Ordinary SharesF2 | Jun 8, 2026 | A | 34,725 | $0.00 | A | 306,069 | D | |
| Ordinary SharesF3 | Jun 8, 2026 | A | 72,417 | $0.00 | A | 378,486 | D | |
| Ordinary Shares | Jun 9, 2026 | S | 18,449 | $60.61 | D | 360,037 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents ordinary shares earned with respect to an award of performance-based RSUs ("PSUs") granted on June 8, 2025, as determined based on the Issuer's achievement of specified performance goals. One-third of the PSUs vest on the determination date, and thereafter one-eighth of the remaining PSUs vest in quarterly installments beginning on September 8, 2026, contingent on the Reporting Person's continued service on such vesting date.
- F2Represents ordinary shares earned with respect to an award of PSUs granted on June 8, 2025, as determined based on the Issuer's achievement of specified performance goals. 20% of the PSUs vest on the one year anniversary of the date of grant, 20% vest on the two year anniversary of the date of grant, 30% vest on the three year anniversary of the date of grant and 30% vest on the four year anniversary of the date of grant, contingent on the Reporting Person's continued service on such vesting date.
- F3The ordinary shares are represented by restricted stock units ("RSUs"), which vest in sixteen equal quarterly installments beginning on September 8, 2026.
- F4The ordinary shares were sold to satisfy the Reporting Person's tax obligations in connection with the vesting of PSUs and 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.