Form 4: Elastic CTO Sells Shares
Insider Transaction (Form 4)
Shay Banon, Chief Technology Officer and a Director of Elastic N.V., sold 84,207 shares of common stock on September 14, 2026.
Summary
- Open-market sale: disposed of 69,121 Ordinary Shares at $84.50 ($5,840,724) on September 14, 2026; holds 3,925,649 after (Direct).
- Open-market sale: disposed of 15,086 Ordinary Shares at $85.30 ($1,286,836) on September 14, 2026; holds 3,910,563 after (Direct).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $7,127,560 of stock on the open market.
Insider Transactions
Shay Banon — Director, Officer (Chief Technology Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-14 | Open-market sale | Ordinary Shares | 69,121 | $85 | $5.8M | 3,925,649 |
| 2026-09-14 | Open-market sale | Ordinary Shares | 15,086 | $85 | $1.3M | 3,910,563 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-14 | Open-market sale (69,121 shares) |
| 2026-09-14 | Open-market sale (15,086 shares) |
Keywords
insider transaction, Form 4, ESTC, Elastic N.V., bearish, Shay Banon
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