Ashutosh Kulkarni - Mar 25, 2025 Form 4 Insider Report for Elastic N.V. (ESTC)

Signature
/s/ Marielle Reints, by power of attorney
Stock symbol
ESTC
Transactions as of
Mar 25, 2025
Transactions value $
-$513,180
Form type
4
Date filed
3/26/2025, 05:02 PM
Previous filing
Mar 12, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESTC Ordinary Shares Sale -$465K -4.53K -1.2% $102.57 372K Mar 25, 2025 Direct F1, F2
transaction ESTC Ordinary Shares Sale -$48.6K -471 -0.13% $103.27 372K Mar 25, 2025 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 24, 2024.
F2 The price reported in Column 4 represents a weighted average sales price of $102.5704. These shares were sold in multiple transactions at prices ranging from $102.145 to $103.11, inclusive. The reporting person undertakes to provide to Elastic N.V., any security holder of Elastic N.V., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in footnotes 2 and 3 of this Form 4.
F3 The price reported in Column 4 represents a weighted average sales price of $103.2687. These shares were sold in multiple transactions at prices ranging from $103.19 to $103.52, inclusive.