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Elastic(ESTC.US) Officer Sells US$16.64 Million in Common Stock

Moomoo News ·  Nov 28 05:20

$Elastic (ESTC.US)$ Officer Banon Shay sold 150K shares of common stock on Nov 26, 2024 at an average price of $110.92 for a total value of $16.64 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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