Form 4: Michael Cannon‑Brookes sells 7,665 Atlassian shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian (TEAM) CEO and Co‑Founder Michael Cannon‑Brookes reported open‑market sales of 7,665 Class A shares on 10/21/2025 pursuant to a Rule 10b5‑1 trading plan adopted on February 20, 2025. The weighted‑average sale prices ranged from $159.2057 to $168.9209 across multiple trades. Following these transactions, he beneficially owned 375,585 Class A shares, held indirectly through CBC Co Pty Limited as trustee for the Cannon‑Brookes Head Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares ($1,270,564)
Net Sell
10 txns
Insider
Cannon-Brookes Michael
Role
CEO, Co-Founder
Sold
7,665 shs ($1.27M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 550 | $168.9209 | $93K |
| Sale | Class A Common Stock | 400 | $162.6064 | $65K |
| Sale | Class A Common Stock | 350 | $163.62 | $57K |
| Sale | Class A Common Stock | 1,650 | $167.0001 | $276K |
| Sale | Class A Common Stock | 450 | $160.214 | $72K |
| Sale | Class A Common Stock | 1,381 | $168.338 | $232K |
| Sale | Class A Common Stock | 150 | $161.4067 | $24K |
| Sale | Class A Common Stock | 1,428 | $166.2104 | $237K |
| Sale | Class A Common Stock | 350 | $159.2057 | $56K |
| Sale | Class A Common Stock | 956 | $165.215 | $158K |
Holdings After Transaction:
Class A Common Stock — 382,700 shares (Indirect, See Footnote)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 20, 2025. This transaction was executed in multiple trades during the day at prices ranging from $165.73 to $166.71. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $158.70 to $159.47. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $164.64 to $165.51. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $168.79 to $169.31. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. Shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust. This transaction was executed in multiple trades during the day at prices ranging from $162.20 to $163.10. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $163.40 to $164.27. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $166.73 to $167.48. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $159.99 to $160.42. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $167.78 to $168.77. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $161.09 to $161.63. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
FAQ
Were the TEAM insider sales under a 10b5-1 plan?
Yes. The sales were made under a Rule 10b5‑1 plan adopted on February 20, 2025.
What price range did Michael Cannon-Brookes’ TEAM sales cover?
Weighted‑average prices ranged from $159.2057 to $168.9209.
Is the ownership direct or indirect?
Ownership is indirect through CBC Co Pty Limited as trustee for the Cannon‑Brookes Head Trust.
What roles does the reporting person hold at Atlassian (TEAM)?
He is CEO, Co‑Founder, Director, and a 10% Owner.