CMXI B.V., an entity in which Elastic N.V. Director Steven Schuurman is the beneficial owner, filed a Form 144 on October 3, 2026, proposing to sell 1,500,000 ordinary shares. The shares have an approximate market value of $140.9 million.
Goldman Sachs & Co. LLC is named to handle the proposed sale on the NYSE. The approximate sale date is October 2, 2026.
The filing follows other recent proposed sales by company officers. Former officer Kenneth Exner filed on October 1 to sell shares valued at nearly $5 million. Officer Mark Dodds filed on October 2 to sell shares worth more than $926,000.
The proposed sales could draw investor scrutiny, though insider sales can also reflect pre-planned trading strategies or personal financial management.