4 unchanged sentences
Our management, with the participation of our Chief Executive Officer and our Chief Financial Officer, has evaluated the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) as of the end of the period covered by this Annual Report on Form 10-K.
−Removed: Based on such evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that, as of April 30, 2024, our disclosure controls and procedures were effective to provide reasonable assurance that the information required to be disclosed by us in the reports we file or submit under the Exchange Act (a) is recorded, processed, summarized and reported within the time periods specified by the SEC rules and forms and (b) is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.
+Added: Based on such evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that, as of April 30, 2025, our disclosure controls and procedures were effective to provide reasonable assurance that the information required to be disclosed by us in the reports we file or submit under the Exchange Act (a) is recorded, processed, summarized and reported within the time periods specified by the SEC rules and forms and (b) is accumulated and communicated to our management, including our Chief Executive Officer and our Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.
Management's Report on Internal Control Over Financial Reporting
1 unchanged sentence
Our management conducted an evaluation of the effectiveness of our internal control over financial reporting as of April 30, 2025 based on the criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission.
−Removed: Based on the results of its evaluation, management concluded that our internal control over financial reporting was effective as of April 30, 2024.
+Added: Based on the results of its evaluation, our management concluded that our internal control over financial reporting was effective as of April 30, 2025.
The effectiveness of our internal control over financial reporting as of April 30, 2025 has been audited by PricewaterhouseCoopers LLP, an independent registered public accounting firm, as stated in its report which is included in Part II, Item 8 of this Annual Report on Form 10-K.
2 unchanged sentences
Inherent Limitations on Effectiveness of Controls
−Removed: Our management, including our Chief Executive Officer and Chief Financial Officer, believes that our disclosure controls and procedures and internal control over financial reporting are designed to provide reasonable assurance of achieving their objectives and are effective at the reasonable assurance level.
+Added: Our management, including our Chief Executive Officer and our Chief Financial Officer, believes that our disclosure controls and procedures and internal control over financial reporting are designed to provide reasonable assurance of achieving their objectives and are effective at the reasonable assurance level.
However, our management does not expect that our disclosure controls and procedures or our internal control over financial reporting will prevent all errors and all fraud.
8 unchanged sentences
Other Information
+Added: Form 8-K Disclosures
+Added: We are providing the following disclosure in lieu of filing a Current Report on Form 8-K relating to Item 5.02 (Departure of Directors or Certain Officers;
+Added: Election of Directors;
+Added: Appointment of Certain Officers;
+Added: Compensatory Arrangements of Certain Officers).
+Added: Appointment of Principal Accounting Officer
+Added: On June 9, 2025, Navam Welihinda, the Company’s Chief Financial Officer, ceased to act as Elastic’s principal accounting officer upon the appointment of Jane Bone to that position, as reported below.
+Added: On June 5, 2025, the Company appointed Ms.
+Added: Bone, who currently serves as Group Vice President, Chief Accounting Officer at the Company, as Elastic’s principal accounting officer to succeed Mr.
+Added: Welihinda in such position, effective as of June 9, 2025.
+Added: Bone, age 59, has served in her current role at the Company since April 2019.
+Added: Prior to her current position, Ms.
+Added: Bone served in various senior leadership and finance roles at Wind River, a global leader in delivering software for the intelligent edge, from September 2000 to December 2018, including as Chief Financial Officer & Senior Vice President of Finance and Administration, Chief Accounting Officer and Corporate Controller.
+Added: Bone qualified as a Chartered Accountant in England and holds a B.Sc.
+Added: degree in Economics with honors, emphasis in accounting, from the University of Hull, United Kingdom.
+Added: There has been no change in Ms.
+Added: Bone’s compensation in connection with this appointment.
Insider Trading Arrangements
7 unchanged sentences
The board of directors, or its designated committee, must approve any waivers of the Code of Conduct for members of the board of directors or executive officers, including our Chief Executive Officer, Chief Financial Officer and other senior financial officers.
−Removed: To the extent required by SEC rules, we intend to disclose any amendments to the Code of Conduct, or any waivers of its requirements, for the benefit of our chief executive officer, chief financial officer or other senior financial officers within any period that may be required under SEC rules from time to time.
+Added: To the extent required by SEC rules, we intend to disclose any amendments to the Code of Conduct, or any waivers of its requirements, for the benefit of our Chief Executive Officer, Chief Financial Officer or other senior financial officers on our website within any period that may be required under SEC rules from time to time.
We have adopted insider trading policies and procedures governing the purchase, sale, and/or other dispositions of our securities by directors, officers, and employees, or us, that are reasonably designed to promote compliance with insider trading laws, rules, and regulations, and any listing standards applicable to us.
22 unchanged sentences
001-38675 3.1 12/12/2018
−Removed: 4.1 Amended and Restated Investors’ Rights Agreement among the Company and certain holders of its ordinary shares, dated as of July 19, 2016.
4.1 Description of share capital.
15 unchanged sentences
10-Q 001-38675 10.1 3/10/2022
−Removed: Offer Letter between the Company and Carolyn Herzog, dated as of March 23, 2022.
−Removed: 10-K 001-38675 10.12 6/21/2022
Offer Letter between the Company and Ken Exner, dated as of July 19, 2022.
10 unchanged sentences
2022 Employee Stock Purchase Plan.
+Added: 10.12 6/14/2024
Form of Stock Option Agreement under the Amended and Restated 2012 Stock Option Plan.
3 unchanged sentences
Form of Restricted Stock Unit Agreement under the Amended and Restated 2012 Stock Option Plan.
+Added: 10.15 6/14/2024
Form of Performance Unit Agreement under the Amended and Restated 2012 Stock Option Plan.
1 unchanged sentence
Form of Performance Unit Agreement under the Amended and Restated 2012 Stock Option Plan.
+Added: 10.17 6/14/2024
Elasticsearch Inc.
2 unchanged sentences
Offer Letter between the Company and Mark Dodds, dated as of December 1, 2023.
+Added: 10.19 6/14/2024
+Added: Offer Letter between the Company and Eric Prengel, dated as of December 11, 2024.
+Added: Offer Letter between the Company and Navam Welihinda, dated as of February 14, 2025 .
Non-Executive Director Compensation Policy.
12 unchanged sentences
Incentive-Based Compensation Recovery Policy.
+Added: 97.1 6/14/2024
101.INS Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
16 unchanged sentences
POWER OF ATTORNEY
−Removed: KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Ashutosh Kulkarni and Janesh Moorjani, and each of them, as his or her true and lawful attorney-in-fact and agent with full power of substitution and resubstitution, for such individual in any and all capacities, to sign any and all amendments to this Annual Report on Form 10-K, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully for all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or the individual’s substitute, may lawfully do or cause to be done by virtue hereof.
+Added: KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Ashutosh Kulkarni and Navam Welihinda, and each of them, as his or her true and lawful attorney-in-fact and agent with full power of substitution and resubstitution, for such individual in any and all capacities, to sign any and all amendments to this Annual Report on Form 10-K, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully for all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or the individual’s substitute, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, this report has been signed below by the following persons on behalf of the registrant in the capacities and on the dates indicated.
2 unchanged sentences
Ashutosh Kulkarni
−Removed: /s/ Janesh Moorjani Chief Financial Officer and Chief Operating Officer (Principal Financial Officer and Principal Accounting Officer)
−Removed: June 14, 2024
−Removed: Janesh Moorjani
+Added: /s/ Navam Welihinda
+Added: Chief Financial Officer (Principal Financial Officer)
+Added: Navam Welihinda
+Added: /s/ Jane Bone
+Added: Chief Accounting Officer (Principal Accounting Officer)
/s/ Shay Banon Chief Technology Officer and Director June 9, 2025
15 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.