Insider trade

Director sold ~$135M of ESTC shares in the open market

Traded Oct 5, 2026 · Filed Oct 7, 2026

Elastic N.V.ESTC

~$135M
Approx. value · 1.5M sh @ $90.13: 4.5M
Holds after · shares reported: −0.3%
Since filing · from the first close after the filing, $94.91 → $94.60 on Oct 6, S&P 500 +0.6%

Why it stands out

A Elastic director sold $135M of Elastic shares. The filing does not indicate a pre-arranged trading plan.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Oct 5, 2026
Reporting period: Not applicable
Filed with the SEC: Oct 7, 2026

DirectorIndirect holding$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$135,195,000

Shares × reported transaction price

Timing vs results

39 days after results of Aug 27, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Source receipt

Record ID: 0001123292-26-001368
Filed / recorded: Oct 7, 2026, 12:31 AM UTC
Added to OQRO: Oct 7, 2026, 1:51 PM UTC
Parser: form4-xml-v2
Data quality: Verified: identifiers matched exactly
Issuer: Elastic N.V.
Issuer CIK: 1707753
Ticker: ESTC
Reporting person: Steven Schuurman
Relationship: Director
Security: Ordinary Shares
Table: Non-derivative (Table I)
Transaction date: Oct 5, 2026
Transaction code: S
Shares / units: 1,500,000
Price per share: $90.13
Acquired / disposed: Disposed (D)
Shares owned after: 4,504,600
Ownership form: Indirect — See footnote
Amendment: No

Footnotes from the filing

The ordinary shares are held of record by CMXI B.V., or CMXI. As the controlling shareholder of CMXI, Mr. Schuurman holds sole voting and dispositive power with respect to these ordinary shares. Mr. Schuurman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

Around the same time

Mark Eugene DoddsChief Revenue Officer

Filed today

Sold

~$926K10K sh @ $92.58

Traded Oct 2 · filed 5 days laterNot under a reported trading plan

Elastic's Chief Revenue Officer sold $926K of Elastic shares. The filing does not indicate a pre-arranged trading plan.

More Official record

Activist stake

5.2%Stake

Filed yesterday

A Schedule 13D means the holder owns more than 5% and keeps the option to push for changes: board seats, a sale, buybacks. It must be filed within 5 business days.

More Official record

Cmxi B.V. (Director) plans to sell ~$141M of Elastic N.V.

Planned, from payFiled 5d ago