Form 4: Elastic N.V. Director Paul R. Auvil III Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Paul R. Auvil III reports acquisition of restricted stock units and changes in beneficial ownership of Elastic N.V. shares.
Summary
- On October 1, 2024, Paul R. Auvil III, a director of Elastic N.V., reported changes in his beneficial ownership of the company's securities.
- He acquired 2,666 ordinary shares through restricted stock units.
- These restricted stock units vest in full on the earlier of the day prior to Elastic N.V.'s next annual general meeting of shareholders or September 29, 2025.
- Following the transaction, Auvil directly owns 25,293 ordinary shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the holdings of a director, which is normal activity.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the holdings of company directors.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Acquisition of restricted stock units and change in beneficial ownership. |
| 09/29/2025 | Latest possible vesting date for the restricted stock units. |
| 10/02/2024 | Date of signature for the report. |
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