How Kulkarni was paid
$47M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Ashutosh KulkarniChief Executive Officer | $750,000 | $45,343,687 | $832,532 | $35,684 | $46,961,904 |
| Navam WelihindaChief Financial Officer | $500,000 | $6,499,984 | $416,266 | $27,250 | $7,443,500 |
| Shay BanonChief Technology Officer | $538,838 | $4,499,882 | $448,600 | $2,707 | $5,490,027 |
| Mark DoddsChief Revenue Officer | $500,000 | $11,999,744 | $416,266 | $21,000 | $12,937,010 |
| Ken ExnerChief Product Officer | $500,000 | $11,999,744 | $416,266 | $64,895 | $12,980,905 |
What changed and why
- $14.3M46,961,904 CEO total compensation increased from $14,348,734 in fiscal 2025.
- $13M45,343,687 CEO stock awards increased from $12,999,970 in fiscal 2025.
- 29,343,741 special PSU grant fair value was awarded to the CEO on October 13, 2025.
- $228K206:1 CEO-to-median-employee pay ratio used $227,811 in median employee compensation.
- 86%86% of shareholders supported say-on-pay at the 2025 annual meeting.
- Threshold attainment levels for bonus and PSU metrics were raised for fiscal 2026.
Other Elastic proxy statements
- 2025 proxy statement
Ashutosh Kulkarni paid $14.3M (+15% on the year), pay ratio 64:1.
Filed Aug 28, 2025
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.