Atlassian TEAM insider Form 4 shows RSU tax-cover stock sales
Rhea-AI Filing Summary
Atlassian Corporation’s Chief Revenue Officer, who is an officer of the company, reported multiple sales of Class A Common Stock on 11/19/2025 on a Form 4. The transactions involved small blocks of shares sold at prices around $146.69–$149.62 per share, with each sale coded as an "S" transaction.
The explanation states that these sales were made solely to cover tax withholding obligations arising from the vesting and settlement of RSUs through a "sell to cover" arrangement, and are described as non-discretionary by the reporting person. After the reported transactions, the officer beneficially owned 126,536 shares of Atlassian Class A Common Stock in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 156 | $149.6166 | $23K |
| Sale | Class A Common Stock | 868 | $146.6924 | $127K |
| Sale | Class A Common Stock | 737 | $147.6287 | $109K |
| Sale | Class A Common Stock | 179 | $148.6424 | $27K |
Footnotes (1)
- The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. This transaction was executed in multiple trades during the day at prices ranging from $149.22 to $150.09. 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 $146.22 to $147.21. 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 $147.22 to $148.21. 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 $148.22 to $149.21. 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
What did Atlassian (TEAM) disclose in this Form 4 filing?
The filing reports that Atlassian’s Chief Revenue Officer sold small amounts of Class A Common Stock on 11/19/2025, with each transaction coded as a sale ("S").
Were the Atlassian (TEAM) stock sales discretionary trades?
No. The filing states that the sales were made to satisfy tax withholding obligations and do not represent a discretionary transaction by the reporting person.
What trading ranges are disclosed for the Atlassian (TEAM) Form 4 transactions?
The notes state that trades occurred in ranges including $149.22–$150.09, $146.22–$147.21, $147.22–$148.21, and $148.22–$149.21 on 11/19/2025.