{"schema_version":"secwatch.filing_event.v1","accession":"0001707753-25-000050","form_type":"8-K","ticker":"ESTC","cik":"0001707753","company_name":"Elastic N.V.","filed_at":"2025-10-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.221694+00:00","generated_at":"2026-05-17T03:45:36.376960+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Elastic N.V. grants CEO $29.3M special performance-based equity award with share price goals","bullets":["PSUs with grant-date fair value of $29.3M; max payout of 456,491 shares.","Four tranches: 20%/20%/20%/40% weighting; share price targets from +40% to +129% above baseline $86.61.","Performance periods: 3-year for Tranche 1; 5-year for Tranches 2-4; rTSR modifier vs Russell 3000 median.","Service vesting: ratable over 4-5 years; forfeiture on resignation or for-cause termination.","Award designed to incentivize CEO leadership in Generative AI strategy and sustained shareholder value creation."],"urls":{"canonical":"https://secwatch.observer/filing/0001707753-25-000050","json":"https://secwatch.observer/filing/0001707753-25-000050.json","markdown":"https://secwatch.observer/filing/0001707753-25-000050.md","text":"https://secwatch.observer/filing/0001707753-25-000050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1707753/000170775325000050/0001707753-25-000050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1707753/000170775325000050/estc-20251013.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:45:36.376960+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}