[144] Atlassian Corporation SEC Filing
Rhea-AI Filing Summary
Form 144 notice for Atlassian Corporation (TEAM) shows an officer or affiliate intends to sell 1,715 common shares through Morgan Stanley Smith Barney on 08/19/2025 with an aggregate market value of $285,766.85. The filing reports these shares were acquired as restricted stock on 08/18/2025 from the issuer and payment was recorded on the same date. The issuer has 262,334,536 shares outstanding per the form. The filer also disclosed prior recent sales: 3,048 shares sold on 08/14/2025 generating $498,121.84 in gross proceeds. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information and a signature attesting to that statement.
Positive
- Disclosure completeness: filing includes broker, share counts, acquisition dates, and prior recent sale details
- Timely reporting: specifies intended sale date (08/19/2025) and acquisition date (08/18/2025), supporting transparency
Negative
- No material negatives disclosed in the filing itself; it contains only routine sale information
Insights
TL;DR: Insider filing discloses a small, routine sale of newly vested restricted shares via a broker.
The Form 144 documents an intended sale of 1,715 common shares valued at $285,766.85 to be executed on 08/19/2025 through Morgan Stanley Smith Barney. The shares were acquired as restricted stock from the issuer on 08/18/2025, suggesting a recent vesting or issuance event. The filer also reported a prior sale of 3,048 shares on 08/14/2025 with gross proceeds of $498,121.84. From an investor transparency perspective, this is a standard insider reporting event under Rule 144 and provides clear disclosure of quantity, acquisition type, dates, and broker. No additional financial metrics or company performance data are included in the filing.
TL;DR: Compliance filing appears complete for Rule 144 disclosure; contains required attestation by the seller.
The form contains required elements: identity of broker, number of shares to be sold, acquisition details (restricted stock dated 08/18/2025), and a seller representation regarding material adverse information. The inclusion of a recent sale on 08/14/2025 adds context on recent insider activity. There is no indication in the document of noncompliance or undisclosed information; the filing reads as a routine, procedurally compliant notice of intended sale.