Form 4: Elastic N.V. Chief Legal Officer Carolyn Herzog Sells Shares
SEC Form 4 Filing
Carolyn Herzog, Chief Legal Officer of Elastic N.V., sold 192 ordinary shares at $99.95 on March 27, 2024, according to a Form 4 filing with the SEC.
Summary
- Carolyn Herzog, Chief Legal Officer of Elastic N.V., reported a transaction involving the company's ordinary shares.
- On March 27, 2024, Herzog sold 192 ordinary shares at a price of $99.95 per share.
- Following the transaction, Herzog beneficially owns 87,799 ordinary shares.
- The shares sold were acquired on March 15, 2024, under the Issuer's Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of insider trading activity. It is common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a company executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Ordinary shares acquired under the Issuer's Employee Stock Purchase Plan |
| 03/27/2024 | Sale of 192 ordinary shares at $99.95 |
| 03/29/2024 | Date of signature on the report |
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