ESTC.NYSEElastic NV

SCHEDULE 13G/A: Steven Schuurman and CMXI B.V. Maintain Significant 5.8% Stake in Elastic N.V.

Sentiment:

Beneficial Ownership Report


Steven Schuurman and CMXI B.V. have filed an amended Schedule 13G, confirming their continued beneficial ownership of 5.8% of Elastic N.V.'s Ordinary Shares as of December 31, 2024.

Summary

  • Steven Schuurman and CMXI B.V. collectively beneficially own 6,004,600 Ordinary Shares of Elastic N.V.
  • This ownership represents 5.8% of Elastic N.V.'s outstanding Ordinary Shares.
  • The percentage is based on 103,631,586 Ordinary Shares outstanding as of November 18, 2024, as reported in Elastic N.V.'s Form 10-Q filed on November 25, 2024.
  • Mr. Schuurman, as the controlling shareholder of CMXI B.V., holds sole voting and dispositive power over these shares.
  • CMXI B.V. is a Dutch private company with limited liability, and Clavis Family Services B.V. is its sole director.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing confirming a stable, significant beneficial ownership stake, which is generally neutral but can be seen as a minor positive for investor confidence.

Positives

  • The continued significant beneficial ownership by Steven Schuurman, a key individual associated with the company, may signal ongoing confidence in Elastic N.V.'s prospects.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of beneficial ownership and does not provide specific industry context or trends.

Stakeholder Impact

  • Shareholders: Confirms the continued significant ownership stake by a key individual and associated entity, potentially reinforcing confidence in the company's stability.

Key Dates

DateDescription
2024-10-31End of quarterly period for Elastic N.V.'s Form 10-Q.
2024-11-18Date as of which 103,631,586 Ordinary Shares of Elastic N.V. were outstanding.
2024-11-25Date Elastic N.V. filed its Quarterly Report on Form 10-Q with the SEC.
2024-12-31Date of event which required the filing of this Schedule 13G Amendment No. 7.
2025-02-13Date the Schedule 13G was signed by Steven Schuurman and CMXI B.V.

Keywords

Elastic N.V., Steven Schuurman, CMXI B.V., Schedule 13G, Beneficial Ownership, Ordinary Shares, SEC Filing, Shareholder Disclosure

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