Ken Exner (CPO) sold 18,449 shares of ESTC at $60.61; stock now $60.78, down -36.7% from 52-week high of $96.06.
Ken Exner, Chief Product Officer, sold 18,449 shares for $1,118,193.89 on 2026-06-09, reducing his holdings from 378,486 to 360,037 shares. The transaction occurred at $60.61, while the stock now trades at $60.78, down -36.7% from its 52-week high of $96.06 but up +20.6% over the past 30 days. His track record across all tickers shows 4 prior sells with a 100.00% 90-day well-timed rate, and his same-ticker history at ESTC demonstrates 4 of 4 prior sells were well-timed at the 90-day mark, each followed by declines ranging from -0.2% to -36.2%. This consistent pattern of selling before downturns warrants investor attention to whether this latest sale signals similar conviction about near-term weakness, particularly given the stock's recent 30-day rally of +20.6% into the transaction.