Atlassian Corp (NASDAQ: TEAM) CEO discloses Rule 10b5-1 stock sales in Form 4 filing

Rhea-AI Filing Summary

Atlassian Corp co-founder, CEO and director Michael Cannon-Brookes, a 10% owner, reported open-market sales of Class A common stock on 12/15/2025 through an indirect holding trust. The reported transactions included sales of 100, 2,636, 150, 3,578 and 1,201 shares at weighted-average prices ranging from $157.7698 to $161.9767 per share. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted on February 20, 2025, and the shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust. After the transactions, 84,315 Atlassian Class A shares were beneficially owned indirectly via this trust.

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
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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)
12/15/2025

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	12/15/2025		S(1)		100	D	$160.68	91,880	I	See Footnote(2)
Class A Common Stock	12/15/2025		S(1)		2,636	D	$159.393(3)	89,244	I	See Footnote(2)
Class A Common Stock	12/15/2025		S(1)		150	D	$161.9767(4)	89,094	I	See Footnote(2)
Class A Common Stock	12/15/2025		S(1)		3,578	D	$158.772(5)	85,516	I	See Footnote(2)
Class A Common Stock	12/15/2025		S(1)		1,201	D	$157.7698(6)	84,315	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.

3. This transaction was executed in multiple trades during the day at prices ranging from $159.20 to $160.09. 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.

4. This transaction was executed in multiple trades during the day at prices ranging from $161.85 to $162.04. 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.

5. This transaction was executed in multiple trades during the day at prices ranging from $158.20 to $159.19. 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.

6. This transaction was executed in multiple trades during the day at prices ranging from $157.14 to $158.13. 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.

Remarks:

	/s/ Veena Bhatia, Attorney-in-Fact for Cannon-Brookes Michael	12/16/2025
	** 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 stock transactions did Atlassian (TEAM) report for Michael Cannon-Brookes?

The report shows that Michael Cannon-Brookes sold Atlassian Class A common stock on 12/15/2025 in multiple open-market transactions through an indirect holding trust.

How many Atlassian (TEAM) shares were sold in each transaction?

The reported sales of Atlassian Class A common stock were in blocks of 100, 2,636, 150, 3,578 and 1,201 shares.

What prices were received for the Atlassian (TEAM) share sales?

The Class A common stock sales were executed at weighted-average prices of $160.68, $159.393, $161.9767, $158.772 and $157.7698 per share, each based on multiple trades during the day.

Under what arrangement were these Atlassian (TEAM) insider sales made?

The transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Michael Cannon-Brookes on February 20, 2025.

How many Atlassian (TEAM) shares does Michael Cannon-Brookes still own indirectly after these sales?

Following the reported transactions, 84,315 shares of Atlassian Class A common stock were beneficially owned indirectly via CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust.

In what capacity is Michael Cannon-Brookes related to Atlassian (TEAM)?

Michael Cannon-Brookes is reported as a director, 10% owner, and officer of Atlassian, serving as CEO, Co-Founder.