Atlassian (NASDAQ: TEAM) trust sells 7,665 shares at $118

Rhea-AI Filing Summary

Atlassian Corp insider filing shows a planned share sale by a trust linked to its CEO and Co-Founder Michael Cannon-Brookes. On January 20, 2026, an entity identified as CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust sold 7,665 shares of Atlassian Class A common stock at an average price of $118.1886 per share. After this transaction, the filing reports 375,585 Class A shares beneficially owned on an indirect basis. The sale was carried out under a Rule 10b5-1 trading plan that was adopted on February 20, 2025, indicating the trades were pre-scheduled under SEC rules.

Insider Trade Summary

Net Seller: 7,665 shares ($905,916)

Net Sell 1 txn

Insider Cannon-Brookes Michael

Role CEO, Co-Founder

Sold 7,665 shs ($906K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	7,665	$118.1886	$906K

Holdings After Transaction: Class A Common Stock — 375,585 shares (Indirect, See Footnote)

Footnotes (1)

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 20, 2025. Shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cannon-Brookes Michael

(Last) (First) (Middle)

C/O ATLASSIAN CORPORATION

350 BUSH STREET, FLOOR 13

(Street)

SAN FRANCISCO CA 94104

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Atlassian Corp [ TEAM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, Co-Founder

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	01/20/2026		S(1)		7,665	D	$118.1886	375,585	I	See Footnote(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 20, 2025.

2. Shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust.

Remarks:

	/s/ Veena Bhatia, Attorney-in-Fact for Cannon-Brookes Michael	01/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Atlassian (TEAM) report for Michael Cannon-Brookes?

The filing reports that a trust associated with CEO and Co-Founder Michael Cannon-Brookes sold 7,665 shares of Atlassian Class A common stock on January 20, 2026.

At what price were the Atlassian (TEAM) shares sold in this Form 4?

The 7,665 Atlassian Class A shares were sold at an average price of $118.1886 per share, according to the Form 4.

Who actually holds the Atlassian shares in this Michael Cannon-Brookes Form 4?

The shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust, and the filing lists Michael Cannon-Brookes as the reporting person with indirect beneficial ownership.

Was the Atlassian (TEAM) insider sale made under a Rule 10b5-1 trading plan?

Yes. The Form 4 states the transaction was effected under a Rule 10b5-1 trading plan adopted by the reporting person on February 20, 2025.

How many Atlassian (TEAM) shares are reported as beneficially owned after the transaction?

After the reported sale, the Form 4 lists 375,585 shares of Atlassian Class A common stock as beneficially owned on an indirect basis.

What is Michael Cannon-Brookes’ role at Atlassian as shown in this filing?

The filing identifies Michael Cannon-Brookes as a Director, CEO, Co-Founder, and a 10% owner of Atlassian Corp.