Atlassian names new CFO James Chuong

Atlassian Corporation appointed James Chuong as Chief Financial Officer, effective March 30, 2026, and he will serve as the company’s principal financial officer from that date.

Rhea-AI Filing Summary

Atlassian Corporation appointed James Chuong as Chief Financial Officer, effective March 30, 2026, and he will serve as the company’s principal financial officer from that date. Chuong has been Chief Financial Officer at LinkedIn, a subsidiary of Microsoft, since July 2021 and has held multiple senior finance roles there since 2013.

His compensation package includes a $600,000 annual base salary, a target annual bonus equal to 75% of base salary, and an initial restricted stock unit grant with a target value of $22 million vesting quarterly over four years. He will also receive a one-time $2 million signing bonus, subject to repayment if he resigns within twelve months, and will be eligible for severance and change-in-control benefits under Atlassian’s executive severance plan, plus the company’s standard indemnification agreement.

Insights

Corporate governance analyst

Atlassian installs an experienced LinkedIn finance leader as its new CFO with a sizable, equity-heavy compensation package.

The appointment of James Chuong, currently CFO of LinkedIn, places a seasoned technology and platform executive in charge of Atlassian’s finance function from March 30, 2026. His background spans financial planning and analysis, business operations, international finance, and banking, aligning with a global software business.

The package combines a $600,000 salary, a 75% target bonus, and $22 million in RSUs vesting over four years, plus a $2 million signing bonus repayable if he leaves within a year. The heavy use of equity and the clawback-like signing bonus feature encourage longer-term alignment, while severance and change-in-control eligibility follow the company’s existing executive plan.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Atlassian (TEAM) announce regarding its Chief Financial Officer?

Atlassian announced the appointment of James Chuong as Chief Financial Officer, effective March 30, 2026. He will serve as the company’s principal financial officer, bringing extensive finance leadership experience from LinkedIn and prior investment banking roles at major global banks.

What is the compensation package for Atlassian (TEAM) CFO James Chuong?

James Chuong will receive a $600,000 annual base salary, a target annual bonus equal to 75% of base salary, and an initial $22 million restricted stock unit grant vesting quarterly over four years, plus a one-time $2 million signing bonus subject to repayment if he resigns within twelve months.

When does the new Atlassian (TEAM) CFO’s appointment become effective?

James Chuong’s appointment as Atlassian’s Chief Financial Officer becomes effective on March 30, 2026. From that effective date, he will serve as the company’s principal financial officer, succeeding the prior finance leadership and assuming responsibility for Atlassian’s overall financial management and reporting.

What equity incentives is Atlassian (TEAM) granting to its new CFO?

Atlassian will grant James Chuong initial restricted stock units with a target value of $22 million. These RSUs will vest in quarterly installments over four years, designed to align his compensation with long-term company performance and encourage sustained tenure in the CFO role.

Does Atlassian (TEAM) offer severance or change-in-control protection to its new CFO?

Yes. James Chuong will be eligible for severance and change-in-control benefits under Atlassian’s Amended and Restated Executive Severance Plan. He will also enter into the company’s standard indemnification agreement, providing protection for certain liabilities connected to his executive duties.

Is the Atlassian (TEAM) CFO signing bonus subject to any conditions?

The $2 million signing bonus for James Chuong is subject to repayment if he resigns within twelve months of starting employment. This condition encourages at least one year of service and aligns the bonus with his initial commitment to Atlassian.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/18/2026 - 05:16 PM Learn about SEC filing dates

0001650372FALSE00016503722026-02-182026-02-18

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________

FORM 8-K
_________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):
February 18, 2026

ATLASSIAN CORPORATION

(Exact Name of Registrant as Specified in its Charter)

_________________

Delaware

001-37651

88-3940934

(State or other jurisdiction of incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification No.)

350 Bush Street, Floor 13

San Francisco, California 94104

(Address of principal executive offices and Zip Code)

(415) 701-1110

(Registrant’s telephone number, including area code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

_________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐						Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐						Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐						Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐						Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol

Name of each exchange on which registered

Class A Common Stock, par value $0.00001 per share

TEAM

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 18, 2026, Atlassian Corporation (the “Company”) announced the appointment of James Chuong as Chief Financial Officer, effective March 30, 2026 (the “Effective Date”). Mr. Chuong will serve as the Company’s principal financial officer as of the Effective Date.

Mr. Chuong, age 46, has served as Chief Financial Officer at LinkedIn, a subsidiary of Microsoft Corporation, since July 2021. Since 2013, he has held several finance leadership roles at LinkedIn, leading global teams responsible for financial planning and analysis, business operations, international finance, and financial systems. Prior to LinkedIn, Mr. Chuong spent several years as an investment banker at J.P. Morgan, Citigroup, and Bank of America Securities. He holds a B.A. in Business Administration from the University of San Diego and an M.B.A. from the Wharton School of the University of Pennsylvania.

In connection with the appointment, the Company and Mr. Chuong have entered into an offer letter (the “Offer Letter”), which provides for an annual base salary of $600,000 and a target annual bonus equal to 75% of the annual base salary, subject to the terms and conditions of the bonus plan in effect for the bonus plan year. The Offer Letter also provides for an initial grant of restricted stock units with a target value of $22 million (“RSUs”), which will vest in quarterly installments over four years. Mr. Chuong will also receive a one-time signing bonus of $2 million, which will be subject to repayment if he resigns at any time within twelve months following the commencement of his employment. Mr. Chuong will also be eligible for severance and change in control benefits under the terms and conditions of the Company’s Amended and Restated Executive Severance Plan.

There are no arrangements or understandings between Mr. Chuong and any other persons pursuant to which Mr. Chuong was named an executive officer of the Company. The Company will also enter into its standard form of indemnification agreement with Mr. Chuong (in substantially the form filed with the Securities and Exchange Commission as Exhibit 10.2 to the Company’s Current Report on Form 8-K on October 3, 2022), which will require the Company to indemnify Mr. Chuong, to the fullest extent permitted under applicable law, for certain liabilities to which he may become subject to in the execution or discharge of his duties. There are no related party transactions between the Company and Mr. Chuong that would require disclosure under Item 404(a) of Regulation S-K.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

ATLASSIAN CORPORATION

Date:

February 18, 2026

By:

/s/ Stan Shepard

Stan Shepard

General Counsel

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.7 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 21.1 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.2 KB