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 (8)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 20, 2025.
- F2. 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.
- F3. Shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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.
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