Trade Summary

3 days ago, Banon Shay, serving as Chief Technology Officer at Elastic N.V. (ESTC), sold 476,298 shares at $93.41 per share, for a total transaction value of $44,492,543.45. Following this transaction, Banon Shay now holds 1,578,680 shares of ESTC.

This sale represents a 23.18% decrease in Banon Shay's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Monday, August 31, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, September 2, 2026 at 7:43 PM ET, 2 days after the trade was made.

Elastic N.V. operates in the TECHNOLOGY sector, specifically within the SOFTWARE - APPLICATION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.