Atlassian Corp (TEAM) CEO trust sells 7,665 Class A shares via 10b5-1 plan
Rhea-AI Filing Summary
CBC Co Pty Limited, as trustee for the Cannon-Brookes Head Trust associated with Atlassian Corp’s CEO and Co-Founder Michael Cannon-Brookes, sold Class A Common Stock of Atlassian (TEAM) in multiple transactions on January 15, 2026. The sales, reported as open-market dispositions under transaction code “S,” totaled 7,665 shares at weighted-average prices ranging from about $128.25 to $133.45 per share under a Rule 10b5-1 trading plan adopted on February 20, 2025.
After these transactions, 390,915 shares of Class A Common Stock were reported as beneficially owned indirectly, held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust. Each price reflects a weighted average for trades executed in multiple lots within the stated intraday price ranges, and the reporting person has undertaken to provide full trade details upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 250 | $133.454 | $33K |
| Sale | Class A Common Stock | 1,953 | $132.6105 | $259K |
| Sale | Class A Common Stock | 2,208 | $131.4169 | $290K |
| Sale | Class A Common Stock | 868 | $130.8059 | $114K |
| Sale | Class A Common Stock | 600 | $129.2278 | $78K |
| Sale | Class A Common Stock | 1,786 | $128.2503 | $229K |
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 $133.23 to $133.70. 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 $132.12 to $133.08. 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 $131.05 to $132.03. 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 $130.04 to $131.03. 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 $128.87 to $129.72. 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 $127.87 to $128.80. 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.