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Shay Banon
Chief technology officer, Elastic
Shay Banon is a chief technology officer at Elastic. Their most recent Section 16 filing is from September 2026.
- Known for
- chief technology officer at Elastic
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Money
Elastic co-founder sold $135 million of stock with no trading plan the day Pictet crossed 5%
Steven Schuurman's CMXI B.V. sold 1.5 million Elastic shares at $90.13 with the trading-plan box unticked on the filing. A day later, Pictet's Schedule 13D landed: 5.18% of the company, and an engagement on valuation.
· 2 min read

Platforms
Elastic's Datadog challenge runs on benchmarks Elastic graded itself
Elastic is funding a challenge to Datadog on numbers it graded itself: 30x benchmark claims from its own labs and a deal reported at up to $85 million for an SRE agent with about $1 million in revenue. The first public test lands on 8 October.
· 3 min read