SCHEDULE: Shay Banon's 6.1% Stake in Elastic N.V. Confirmed
Beneficial Ownership Report Amendment
Shay Banon, a reporting person, has confirmed beneficial ownership of 6.1% of Elastic N.V.'s Ordinary Shares as of October 30, 2025.
Summary
- Shay Banon beneficially owns 6,452,693 Ordinary Shares of Elastic N.V.
- This ownership represents 6.1% of the company's class of securities.
- The total includes 113,689 Ordinary Shares subject to options held by Mr. Banon that are exercisable within 60 days of September 30, 2025.
- The percentage of class is calculated based on 106,270,940 Ordinary Shares outstanding as of August 21, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q, plus the exercisable options.
- This document is Amendment No. 7 to a Schedule 13G filing.
Sentiment
Score: 7
Explanation: The filing confirms a significant beneficial ownership stake (6.1%) by Shay Banon, likely a founder or key insider. This level of insider ownership is generally viewed positively by investors as it aligns management's interests with shareholders.
Positives
- Shay Banon, a key individual (likely a founder or executive), maintains a significant 6.1% beneficial ownership in Elastic N.V., indicating strong alignment with shareholder interests and confidence in the company's future.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders benefit from the transparency of insider ownership, which can signal confidence in the company's future and align management's incentives with long-term value creation.
Key Dates
| Date | Description |
|---|---|
| 2025-08-21 | Date as of which 106,270,940 Ordinary Shares were outstanding, as reported in the Issuer's Quarterly Report on Form 10-Q. |
| 2025-08-29 | Date the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended July 31, 2025, was filed with the SEC. |
| 2025-09-30 | Date used for calculating options exercisable within 60 days (i.e., by November 29, 2025). |
| 2025-10-30 | Date of event which requires filing of this statement. |
| 2025-11-12 | Date the Schedule 13G Amendment No. 7 was signed by Shay Banon. |
Keywords
Elastic N.V., Shay Banon, Beneficial Ownership, Schedule 13G, Ordinary Shares, Insider Ownership, N14506104
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