secwatch.observer — SEC 8-K summary
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Issuer:     Elastic N.V. (ESTC)
CIK:        0001707753
Form:       8-K
Filed at:   2022-07-07T23:59:59+00:00
Accession:  0001707753-22-000034
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Elastic appoints Sohaib Abbasi to board as Vice-Chairman, replacing Michelangelo Volpi
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- Michelangelo Volpi resigned as non-executive director and Vice-Chairman effective July 13, 2022; no disagreement with company.
- Sohaib Abbasi appointed non-executive director, Vice-Chairman, and Compensation Committee member effective July 13, 2022.
- Abbasi was former Informatica CEO (2004-2015) and Oracle executive; brings 30+ years enterprise tech experience.
- Abbasi to stand for election at 2022 AGM; compensation includes $42,500 annual cash plus $200,000 pro-rated RSU award.
- Abbasi currently serves as Senior Advisor at TPG, Balderton Capital UK, and Royal London Technology Group.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1707753/000170775322000034/0001707753-22-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1707753/000170775322000034/estc-20220701.htm
  HTML page:      https://secwatch.observer/filing/0001707753-22-000034

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