Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Ashutosh Kulkarni earned $1.22M in total compensation at Elastic, including $600.00K salary and $598.18K bonus. Most recently sold 10,000 shares in Mar 2025. Currently holds stock worth $33.39M. 3+ years at the helm of Elastic.

Compensation History

Annual executive compensation data for Ashutosh Kulkarni, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$1.22M

Salary

$600.00K

Bonus

$598.18K

Other

$19.80K

Salary

$600.00K

Board Justification

The compensation philosophy emphasizes a pay-for-performance approach, aligning executive compensation with company performance and shareholder interests.

Bonus

$598.18K

Board Justification

The bonus is based on the achievement of predetermined performance metrics under the Executive Bonus Plan for fiscal year 2024.

Other Compensation

$19.80K

Board Justification

This includes contributions made under the Section 401(k) plan.

Restricted Stock

$0.000 RSU

Board Justification

No vested stock is reported for the year 2023 as the focus is on cash compensation and performance-based bonuses.

Performance Metrics

The performance metrics for the bonus plan include Cloud Revenue, Total Revenue, and Non-GAAP Operating Margin.

E

Ashutosh Kulkarni

CEO of Elastic

Education

MBA from the Wharton School of the University of Pennsylvania and a Bachelor's degree in Computer Engineering from the University of Mumbai

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

May 1, 1973 - 52 years ago

CEO of Elastic for

3 years 10 months (Jan 2022 - Present)

Previous Experience

Chief Product Officer at Elastic, previously held leadership roles at various tech companies including Cisco and Juniper Networks

Holdings

Track Ashutosh Kulkarni's stock holdings and portfolio value over time.

Total Stock Sold

$20.12M

ESTC

$20.12M

217,235 ESTC shares

What if they kept their stock?

If Ashutosh Kulkarni didn't sell their stock, today they would have:
Extra ESTC217,235 shares worth $16.02M.
This is -20.41% and $4.11M less than what they got when they sold the stock.

Insider Trading

Ashutosh Kulkarni's recent stock transactions, purchases, and sales filed with the SEC.

ESTC

$1.03M

ESTC at $102.92/share

Mar 25, 2025

Sale

ESTC

$3.40M

ESTC at $90.77/share

Mar 10, 2025

Sale

ESTC

$758.69K

ESTC at $108.12/share

Dec 18, 2024

Sale

ESTC

$1.74M

ESTC at $108.71/share

Dec 9, 2024

Sale

ESTC

$476.48K

ESTC at $111.51/share

Dec 6, 2024

Sale

ESTC

$1.12M

ESTC at $112.17/share

Dec 2, 2024

Sale

ESTC

$1.38M

ESTC at $70.25/share

Sep 9, 2024

Sale

ESTC

$1.06M

ESTC at $109.88/share

Jun 24, 2024

Sale

ESTC

$2.07M

ESTC at $109.90/share

Jun 8, 2024

Sale

ESTC

116,226 shares

ESTC

Jun 8, 2024

Received

Rivals

Compare Ashutosh Kulkarni with competitor CEOs and industry peers.