Shay Banon compensation by year
Elastic Summary Compensation Table · all 9 fiscal years held| Component | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|
| Salary | $400,000 | $330,000 | $375,000 | $387,720 | $426,286 | $428,891 | $475,235 | $514,006 | $538,838 |
| Bonus | $0 | $0 | $0 | — | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $0 | $0 | $0 | $4,594,666 | $3,406,374 | $2,999,977 | $3,199,926 | $3,749,877 | $4,499,882 |
| Option awards | $7,514,361 | $0 | $4,872,356 | $5,225,530 | $3,724,552 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $0 | $169,760 | $196,886 | $291,827 | $248,728 | $226,917 | $301,314 | $428,124 | $448,600 |
| Pension and deferred compensation | $0 | $0 | $0 | — | $0 | $0 | $0 | $0 | $0 |
| All other | $306,494 | $0 | $0 | $65,864 | $77,971 | $95,771 | $31,021 | $2,682 | $2,707 |
| Total | $8,220,855 | $499,760 | $5,444,242 | $10,565,607 | $7,883,912 | $3,751,556 | $4,007,497 | $4,694,689 | $5,490,027 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Elastic N.V. DEF 14A filed August 28, 2026, accession 0001707753-26-000055, and prior-year filings. Open the filing on EDGAR.
How this page was built: the Elastic N.V. filed document, accession 0001707753-26-000055. Every figure is read from that document and cited to the page and table it appears in. Filed August 28, 2026.
Equity holdings
unvested awards at FY2026 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 26,044 | $1,209,223 | — |
| RSU | 21,161 | $982,505 | — |
| RSU | 12,248 | $568,675 | — |
| RSU | 10,386 | $482,222 | — |
| RSU | 9,256 | $429,756 | — |
| PSU | 4,885 | $226,811 | — |
| PSU | 887 | $41,183 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Elastic N.V.'s FY2026 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
26 Form 4 lines since the FY2026 proxy (filed August 28, 2026)current to 2026-11-10 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-09-14 | Sale | — | 15,086 | $85.30 | 3,910,563 |
| 2026-09-14 | Sale | — | 69,121 | $84.50 | 3,925,649 |
| 2026-09-10 | Sale | — | 100 | $87.00 | 3,994,770 |
| 2026-09-10 | Sale | — | 6,101 | $85.16 | 3,994,870 |
| 2026-09-09 | Sale | — | 14,991 | $88.08 | 4,007,097 |
| 2026-09-09 | Sale | — | 6,126 | $88.28 | 4,000,971 |
| 2026-09-09 | Sale | — | 6,577 | $87.78 | 4,149,980 |
| 2026-09-09 | Sale | — | 127,892 | $86.55 | 4,022,088 |
The 8 most recent of 26 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
Change-in-control & termination
estimated payments Elastic discloses, by trigger · FY2026| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Change in control and involuntary termination | $500,000 | $3,940,375 | $6,279 | $4,821,653 |
| Involuntary termination without cause | $250,000 | $0 | $6,279 | $443,779 |
Per the Potential Payments Upon Termination or Change in Control table in Elastic N.V.'s FY2026 proxy. Estimates as the company printed them; a dash means it printed no figure.
Elastic’s named executive officers, FY2026
as the company reported each| Named executive officer | Role | FY2026 total |
|---|---|---|
| Ashutosh Kulkarni | Chief Executive Officer | $46,961,904 |
| Ken Exner | Chief Product Officer | $12,980,905 |
| Mark Dodds | Chief Revenue Officer | $12,937,010 |
| Navam Welihinda | Chief Financial Officer | $7,443,500 |
| Shay Banon · this page | Chief Technology Officer | $5,490,027 |
Board service
Elastic board · FY2022–FY2026How this board is paid
Company policy: Elastic pays directors a $40,000 cash retainer and $225,000 in RSUs. As stated in Elastic's FY2026 proxy.
Shay Banon's compensation dossier, Elastic
You have read Shay Banon's totals and holdings. The dossier adds each equity grant Elastic disclosed for Shay Banon and Elastic's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.
See an example →The full Elastic compensation record
free company briefThis page is one person within Elastic's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the Elastic proxy · each links to its own free briefCompensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Elastic's full Executive Compensation Report with peer benchmarking.
How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Elastic's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
Order ESTC
Add the email the receipt and the PDF go to, then press the report you want. Each button opens its own card payment on Stripe.