Atlassian (NASDAQ: TEAM) foundation plans $175K stock sale
Rhea-AI Filing Summary
Atlassian Corp (TEAM) received a notice that Atlassian Foundation Pty Ltd ATF Atlassian Foundation intends to sell restricted common stock under Rule 144. The foundation plans to sell 1,040 shares of common stock, with an aggregate market value of $175,208.80, through Morgan Stanley Smith Barney LLC on or after August 27, 2026. The shares were originally acquired on July 2, 2010 as a gift from the founders. Atlassian reports 159,005,198 shares outstanding of common stock in connection with this notice.
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Key Figures
Shares to be sold: 1,040 shares of common stock
Aggregate market value: $175,208.80
Shares outstanding: 159,005,198 shares
+3 more
6 metrics
Shares to be sold
1,040 shares of common stock
Planned Rule 144 sale by Atlassian Foundation Pty Ltd ATF Atlassian Foundation
Aggregate market value
$175,208.80
Value of 1,040 Atlassian common shares to be sold under Rule 144
Shares outstanding
159,005,198 shares
Atlassian common stock shares outstanding referenced in the notice
Planned sale date
08/27/2026
Date associated with the prospective Rule 144 sale
Original acquisition date
07/02/2010
Date the shares were received as a gift from the founders
Exchange
NASDAQ
Market on which Atlassian common stock is listed for this transaction
Key Terms
Rule 144, aggregate market value, gift from founders, securities to be sold
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.
aggregate market value financial
"COMMON ... 1040 | 175208.80 | 159005198 | 08/27/2026"
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.
gift from founders financial
"Common | 07/02/2010 | Gift from Founders | Issuer"
securities to be sold financial
"144: Securities To Be Sold Common | 07/02/2010"
FAQ
What does the Form 144 filing mean for Atlassian Corp (TEAM)?
The filing states that Atlassian Foundation Pty Ltd ATF Atlassian Foundation plans to sell 1,040 shares of Atlassian common stock under Rule 144, with an aggregate market value of $175,208.80, through Morgan Stanley Smith Barney LLC starting on or after August 27, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.