Jane E. Bone, Group Vice President and Chief Accounting Officer of Elastic N.V., filed a Form 4 on September 10, 2026, reporting the sale of ordinary shares on September 9, 2026, to satisfy tax obligations connected to restricted stock unit vesting.

Key Highlights

  • Reporting person: Jane E. Bone, GVP and Chief Accounting Officer of Elastic N.V.
  • Shares sold: 1,542 ordinary shares disposed of on September 9, 2026.
  • Sale price: $87.78 per share.
  • Remaining ownership: 47,697 ordinary shares held directly following the transaction.
  • Purpose of sale: Shares were sold to satisfy tax withholding obligations upon RSU vesting, mandated by the issuer's equity incentive plan as a "sell to cover" transaction.
  • Discretionary trade: The filing states the transaction "does not represent a discretionary trade by the Reporting Person."

Elastic N.V. CAO Reports Mandatory RSU Tax-Withholding Sale

According to the Form 4 filed with the SEC on September 10, 2026, Jane E. Bone, identified in the filing as GVP and Chief Accounting Officer of Elastic N.V. (NASDAQ:ESTC), disposed of 1,542 ordinary shares at a price of $87.78 per share on September 9, 2026. The filing identifies the transaction code as "S," indicating a sale in the open market.

The filing's explanation of responses states that the shares were sold to satisfy Bone's tax obligations in connection with the vesting of restricted stock units. According to the filing, "the sales were mandated by the Issuer's equity incentive plan which requires the satisfaction of tax withholding obligations to be funded by a 'sell to cover' transaction and does not represent a discretionary trade by the Reporting Person." The form was signed by Marielle Reints, acting by power of attorney, and dated September 10, 2026.

Following the reported transaction, Bone directly holds 47,697 ordinary shares of Elastic N.V., according to the filing. No derivative securities transactions were reported in Table II of the form. The filing was made by one reporting person and is not an amendment to a prior filing.

What Was Disclosed

Elastic N.V.'s GVP and Chief Accounting Officer Jane E. Bone reported the sale of 1,542 ordinary shares at $87.78 on September 9, 2026, to cover tax withholding on vested RSUs, leaving her with 47,697 shares directly owned.