ESTC — First Tranche of RSUs Vesting for Navam Welihinda
Jun 8, 2025, 5:00:00 AM UTC
Summary
Navam Welihinda will see the vesting of the first tranche of Restricted Stock Units (RSUs) on June 8, 2025, as part of his compensation following his appointment as Chief Financial Officer of Elastic N.V. The RSU award is valued at approximately $11 million and will vest over four years in quarterly installments. This compensation package, which also includes a base salary of $500,000 and an annual target cash bonus of 75% of his salary, highlights Elastic's strategic focus on attracting and retaining executive talent to drive company growth and financial performance.
Company
ELASTIC NV (ESTC)NYSE — Technology: Services, Software - Application: Services-Prepackaged Software
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