Form 4 Filing for Elastic N.V. - Officer Stock Transactions
This filing details stock transactions by Ken Exner, Chief Product Officer at Elastic N.V. On June 8, 2026, Exner acquired a total of 155,768 ordinary shares through various performance-based and restricted stock unit awards. These acquisitions were part of long-term incentive plans, with vesting schedules and conditions outlined in the footnotes. Specifically, 48,616 shares were earned under performance-based RSUs (PSUs) with initial vesting on the determination date and subsequent quarterly installments. Another 34,725 shares were earned under a separate PSU award with vesting occurring over four years. Additionally, 72,417 shares were acquired upon vesting of RSUs, which vest in sixteen equal quarterly installments starting September 8, 2026. On June 9, 2026, Exner sold 18,449 ordinary shares at a price of $60.61 per share. This sale was conducted to cover tax obligations arising from the vesting of PSUs and RSUs, as mandated by the company's equity incentive plan, and does not represent a discretionary trade.