Form 4: Elastic CRO Sells Shares Under 10b5-1 Plan

Elastic N.V.'s Chief Revenue Officer, Mark Eugene Dodds, sold 5,800 ordinary shares for approximately $432,656 under a pre-arranged trading plan.

Summary

• Mark Eugene Dodds, Chief Revenue Officer of Elastic N.V. (ESTC), reported a sale of company shares.
• The transaction involved the disposition of 5,800 Ordinary Shares.
• The shares were sold on December 5, 2025, at a weighted average price of $74.5959 per share.
• The total value of the shares sold was approximately $432,656.20 (5,800 * $74.5959).
• The sale was executed in multiple transactions with prices ranging from $74.59 to $74.6275.
• Following this transaction, Mr. Dodds beneficially owns 161,484 Ordinary Shares.
• The 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).

Sentiment

Score: 5

Explanation: This is a routine insider transaction, specifically a sale under a pre-arranged 10b5-1 plan, which typically does not carry strong positive or negative sentiment. It's a scheduled event rather than a reaction to new company performance or outlook.

Positives

• The transaction was conducted under a Rule 10b5-1(c) plan, indicating a pre-arranged sale and not necessarily a reaction to new, negative information.

Negatives

• An insider sale, even if pre-planned, reduces the officer's direct equity stake in the company.

Future Outlook

N/A

Industry Context

This filing is a routine insider transaction report and does not provide information directly related to broader industry trends or competitive landscape.

Corporate Governance

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, but generally considered routine when executed under a 10b5-1 plan.
• Employees: No direct impact.
• Customers: No direct impact.
• Suppliers: No direct impact.
• Creditors: No direct impact.

Key Dates

Keywords

Elastic N.V., ESTC, Mark Dodds, Chief Revenue Officer, insider trading, Form 4, share sale, 10b5-1 plan, beneficial ownership