Insider Sale by Banon Shay (Chief Technology Officer)
Trade Summary
1 week ago, Banon Shay, serving as Chief Technology Officer at Elastic N.V. (ESTC), sold 284,285 shares at $93.67 per share, for a total transaction value of $26,628,993.81. Following this transaction, Banon Shay now holds 4,156,557 shares of ESTC.
This sale represents a 6.40% 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 Thursday, September 3, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, September 8, 2026 at 4:42 PM ET, 5 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.
Trade Price
$93.67
Quantity
284,285
Total Value
$26,628,993.81
Shares Owned
4,156,557
Trade Date
7 days ago
SEC Filing Date
at 4:42 PM ET
Filed 5 days after trade
Discussion