{"filing":{"accession_number":"0001707753-26-000024","cik":"0001707753","ticker":"ESTC","company_name":"Elastic N.V.","form":"8-K","filing_date":"2026-06-24","report_date":null,"primary_document":"estc-20260618.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1707753/000170775326000024/estc-20260618.htm"},"events":[{"id":13513,"run_id":12010,"accession_number":"0001707753-26-000024","anchor_item_number":"2.05","event_type":"workforce_reduction","event_domain":"operational","is_material":true,"confidence":0.95,"summary":"Elastic disclosed a committed plan on June 23, 2026 to reduce workforce by approximately 7% as part of organizational restructuring to align with AI automation priorities, with non-recurring cash charges of $22–25 million primarily for severance and termination benefits, with implementation expected through Q3 fiscal 2027.","company_name":"Elastic N.V.","ticker":"ESTC","filing_date":"2026-06-24","form":"8-K","submitted_at":null,"items":[{"id":10671,"accession_number":"0001707753-26-000024","item_number":"2.05","item_title":"Costs Associated with Exit or Disposal Activities.","event_type":"workforce_reduction","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Elastic disclosed a committed plan on June 23, 2026 to reduce workforce by approximately 7% as part of organizational restructuring to align with AI automation priorities. The disclosure quantifies non-recurring cash charges of $22–25 million, primarily for severance and termination benefits, with implementation expected through Q3 fiscal 2027. This is a classic workforce_reduction event under Item 2.05, material to investors assessing operational costs and headcount strategy.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T20:18:46.609701+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":13514,"run_id":12010,"accession_number":"0001707753-26-000024","anchor_item_number":"5.02","event_type":"exec_departure","event_domain":"governance","is_material":true,"confidence":0.95,"summary":"Ken Exner, Chief Product Officer, notified the Company on June 18, 2026 of his resignation effective July 17, 2026, resulting in organizational restructuring where engineering leaders will now report directly to the CEO.","company_name":"Elastic N.V.","ticker":"ESTC","filing_date":"2026-06-24","form":"8-K","submitted_at":null,"items":[{"id":10672,"accession_number":"0001707753-26-000024","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_departure","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"Ken Exner, Chief Product Officer, notified the Company on June 18, 2026 of his resignation effective July 17, 2026. The filing discloses his departure and the resulting organizational restructuring where engineering leaders will now report directly to the CEO. This is a material executive departure affecting the company's leadership structure and operational accountability.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T20:18:46.609701+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":10671,"accession_number":"0001707753-26-000024","item_number":"2.05","item_title":"Costs Associated with Exit or Disposal Activities.","event_type":"workforce_reduction","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Elastic disclosed a committed plan on June 23, 2026 to reduce workforce by approximately 7% as part of organizational restructuring to align with AI automation priorities. The disclosure quantifies non-recurring cash charges of $22–25 million, primarily for severance and termination benefits, with implementation expected through Q3 fiscal 2027. This is a classic workforce_reduction event under Item 2.05, material to investors assessing operational costs and headcount strategy.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T20:18:46.609701+00:00","company_name":"Elastic N.V.","ticker":"ESTC","filing_date":"2026-06-24"},{"id":10672,"accession_number":"0001707753-26-000024","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_departure","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"Ken Exner, Chief Product Officer, notified the Company on June 18, 2026 of his resignation effective July 17, 2026. The filing discloses his departure and the resulting organizational restructuring where engineering leaders will now report directly to the CEO. This is a material executive departure affecting the company's leadership structure and operational accountability.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T20:18:46.609701+00:00","company_name":"Elastic N.V.","ticker":"ESTC","filing_date":"2026-06-24"}]}
