{"schema_version":"secwatch.filing_event.v1","accession":"0001707753-26-000024","form_type":"8-K","ticker":"ESTC","cik":"0001707753","company_name":"Elastic N.V.","filed_at":"2026-06-24T20:16:20+00:00","discovered_at":"2026-06-24T20:18:05.239478+00:00","generated_at":"2026-06-24T20:18:38.086371+00:00","sec_items":["2.05","5.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Elastic plans 7% workforce reduction and Chief Product Officer resignation","bullets":["Elastic to cut ~7% of workforce; expects $22-25M in non-recurring cash charges for severance and benefits.","Plan aims to simplify team structures, reduce complexity, and reallocate resources to key growth areas like go-to-market.","CPO Ken Exner resigns effective July 17, 2026, to pursue other opportunity; no disagreement with company or board.","Workforce reductions expected to be substantially completed by end of Q3 fiscal 2027 (January 2027)."],"urls":{"canonical":"https://secwatch.observer/filing/0001707753-26-000024","json":"https://secwatch.observer/filing/0001707753-26-000024.json","markdown":"https://secwatch.observer/filing/0001707753-26-000024.md","text":"https://secwatch.observer/filing/0001707753-26-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1707753/000170775326000024/0001707753-26-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1707753/000170775326000024/estc-20260618.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T20:18:38.086371+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"}