Form 4: Elastic Director Alison Gleeson Granted RSUs

Elastic N.V. Director Alison Gleeson was granted 2,663 restricted stock units, increasing her beneficial ownership to 11,906 ordinary shares.

Summary

• Alison Gleeson, a Director of Elastic N.V. (ESTC), acquired 2,663 Ordinary Shares in the form of Restricted Stock Units (RSUs).
• The transaction date for this acquisition was September 30, 2025.
• Following this transaction, Alison Gleeson beneficially owns a total of 11,906 Ordinary Shares.
• The RSUs were granted at a price of $0, which is typical for such equity compensation.
• These restricted stock units are scheduled to vest in full on the earlier of (i) the day prior to the Issuer's next annual general meeting of shareholders or (ii) September 30, 2026.

Sentiment

Score: 6

Explanation: Slightly positive, as it indicates continued alignment of a director's interests with the company's long-term performance through equity compensation, which is a standard and healthy corporate governance practice.

Positives

• The grant of Restricted Stock Units to a director aligns management's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.

Future Outlook

The granted Restricted Stock Units are set to vest on the earlier of the day prior to the next annual general meeting of shareholders or September 30, 2026, indicating future equity ownership for the director.

Industry Context

The grant of Restricted Stock Units to directors is a common practice in the technology and publicly traded company sectors, serving as a key component of executive and director compensation packages to incentivize long-term performance and align interests with shareholders.

Comparison to Industry Standards

• This RSU grant is consistent with standard compensation practices for directors at publicly traded technology companies, where equity-based awards are a significant portion of remuneration.
• The vesting schedule, tied to either the next annual general meeting or a specific future date, is a typical structure for such grants, similar to those observed at peer companies in the software and cloud services industry.

Stakeholder Impact

• Shareholders: Increased alignment of a director's financial interests with the company's stock performance, potentially leading to more shareholder-focused decision-making.

Next Steps

• The Restricted Stock Units will vest on the earlier of the day prior to the Issuer's next annual general meeting of shareholders or September 30, 2026.

Key Dates

Keywords

Elastic N.V., ESTC, Alison Gleeson, Restricted Stock Units, RSU, Director Compensation, Insider Transaction, Equity Grant