Who to call at Elastic N.V., and when
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Elastic N.V.
A senior executive or director joined, left, or changed roles. An 8-K is the notice a US public company must file within four business days of a major event.
www.elastic.coAI Executive Summary
AI-powered analysis of 8-K filing content
Elastic N.V. approved a one-time performance-based equity award to CEO Ashutosh Kulkarni valued at $29.3 million, vesting over five years on share price goals, relative total shareholder return, and continued service. The award ties a large part of the CEO's pay to shareholder value creation during the company's push in Generative AI.
Key Takeaways
The one-time award is valued at $29.3 million and consists of performance-based restricted stock units (PSUs).
Vesting depends on stringent share price goals and relative total shareholder return measured over a five-year term, plus Mr. Kulkarni's continued service as CEO.
2 more takeaways
Related Filings (1)
1 more filing from Elastic N.V. in the last 90 days
Filing Overview
What This Means
Elastic N.V. filed with the SEC. Fundz turns 8-K material events into an alert with the right executive attached.
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