Atlassian (NASDAQ: TEAM) investor plans 9,054-share sale
Rhea-AI Filing Summary
Atlassian Corp (symbol TEAM) received a notice that James Chuong intends to sell shares of its common stock in reliance on Rule 144. The planned sale covers 9,054 shares of Atlassian common stock, to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services. The shares have an indicated aggregate market value of $1,561,371.35, and Atlassian reports 159,005,198 shares of common stock outstanding; this is a baseline figure, not the amount being sold. The securities to be sold are described as Restricted Stock, originally acquired from the issuer, with a proposed sale date around August 2026 and listing on NASDAQ.
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Key Figures
Shares to be sold: 9,054 shares
Aggregate market value of shares: $1,561,371.35
Shares outstanding: 159,005,198 shares
+2 more
5 metrics
Shares to be sold
9,054 shares
Common stock planned for sale under Rule 144
Aggregate market value of shares
$1,561,371.35
Value associated with the 9,054 shares to be sold
Shares outstanding
159,005,198 shares
Atlassian common stock outstanding as reported in the notice
Proposed sale date (broker section)
08/19/2026
Date reference associated with the planned NASDAQ sale
Date of acquisition of restricted stock
08/18/2026
Acquisition date listed for the restricted stock to be sold
Key Terms
Rule 144, Restricted Stock, aggregate market value, Form 144
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock financial
"Common | 08/18/2026 | Restricted Stock | Issuer"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC... | 9054 | 1561371.35"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What does the Form 144 filing by James Chuong mean for Atlassian Corp (TEAM)?
The filing states that James Chuong plans to sell 9,054 Atlassian common shares under Rule 144. It is a notice of a potential sale of restricted stock, not a completed transaction or company-directed offering.
What type of securities are being sold in the Atlassian (TEAM) Form 144 filing?
The securities are described as Common stock in the form of Restricted Stock originally acquired from the issuer. The filing indicates the securities will be sold on NASDAQ via Morgan Stanley Smith Barney LLC Executive Financial Services.
AI-generated analysis. How Rhea-AI works. Not financial advice.