Elastic Chief Technology Officer Sold Shares Worth Over $26M
Elastic Chief Technology Officer Sold Shares Worth Over $26M
Banon Shay, a director and Chief Technology Officer, sold ordinary shares of Elastic. The sales were executed on 2026-09-03 and 2026-09-04 at weighted average prices per transaction ranging from $92.3898 to $95.0601 and with reported weighted averages for individual lots (see Form 4 footnotes). The total proceeds from the reported sales were $26,628,993. Following the reported transactions, Banon Shay directly owns 4,156,557 ordinary shares and indirectly owns 1,554,978 ordinary shares held by a fund for a joint account for the reporting person’s three minor children.
Related Stories
Technology
Could Scoop of Moon Dust Reveal Alien Technology?
1 hour ago
Technology
New law to force tech firms to stop children taking or sharing nude images
2 hours ago
Technology
ONGC Chairman calls for greater focus on tech, innovation; commits to fund and support startups
4 hours ago
Technology
Karnataka invites global tech firms, startups to build Quantum City
4 hours ago
Technology
Egypt unveils new push to scale tech investment, AI and startups
4 hours ago
Technology
Catholic cardinal highlights technology’s role in transforming Africa’s resources
4 hours ago
Technology
China's Huawei Technologies faces racketeering trial in New York
4 hours ago
Technology
Lectra Takes Equity Stake in Caron Technology
5 hours ago