Atlassian (NASDAQ: TEAM) CEO trust sells 7,665 shares via plan

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Atlassian Corp CEO and co-founder Michael Cannon-Brookes, a director and 10% owner, reported the indirect sale of 7,665 shares of Class A Common Stock on February 3, 2026. The sales were executed at prices ranging from $101.6207 to $109.31.

The transactions were carried out under 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 Trust298,935 Class A shares are reported as beneficially owned indirectly.

Positive

None.

Negative

None.

Insider Trade Summary

Net Seller: 7,665 shares ($797,459)

Net Sell 8 txns

Insider Cannon-Brookes Michael

Role CEO, Co-Founder

Sold 7,665 shs ($797K)

Type Security Shares Price Value

Sale Class A Common Stock 50 $109.31 $5K

Sale Class A Common Stock 250 $107.86 $27K

Sale Class A Common Stock 806 $102.4169 $83K

Sale Class A Common Stock 1,350 $101.6207 $137K

Sale Class A Common Stock 2,899 $104.7709 $304K

Sale Class A Common Stock 1,410 $103.6157 $146K

Sale Class A Common Stock 300 $106.9367 $32K

Sale Class A Common Stock 600 $105.6383 $63K

Holdings After Transaction: Class A Common Stock — 306,550 shares (Indirect, See Footnote)

Footnotes (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. This transaction was executed in multiple trades during the day at prices ranging from $107.41 to $108.23. 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 $102.08 to $102.97. 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 $101.03 to $101.99. 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 $104.17 to $105.14. 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 $103.17 to $104.12. 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 $106.37 to $107.29. 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 $105.21 to $106.12. 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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Form 4 Insider Transactions: What Each Field Means →

02/04/2026 - 05:35 PM

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)
02/03/2026

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 02/03/2026 S⁽¹⁾ 50 D $109.31 306,550 I See Footnote⁽²⁾

Class A Common Stock 02/03/2026 S⁽¹⁾ 250 D $107.86⁽³⁾ 306,300 I See Footnote⁽²⁾

Class A Common Stock 02/03/2026 S⁽¹⁾ 806 D $102.4169⁽⁴⁾ 305,494 I See Footnote⁽²⁾

Class A Common Stock 02/03/2026 S⁽¹⁾ 1,350 D $101.6207⁽⁵⁾ 304,144 I See Footnote⁽²⁾

Class A Common Stock 02/03/2026 S⁽¹⁾ 2,899 D $104.7709⁽⁶⁾ 301,245 I See Footnote⁽²⁾

Class A Common Stock 02/03/2026 S⁽¹⁾ 1,410 D $103.6157⁽⁷⁾ 299,835 I See Footnote⁽²⁾

Class A Common Stock 02/03/2026 S⁽¹⁾ 300 D $106.9367⁽⁸⁾ 299,535 I See Footnote⁽²⁾

Class A Common Stock 02/03/2026 S⁽¹⁾ 600 D $105.6383⁽⁹⁾ 298,935 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 $107.41 to $108.23. 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 $102.08 to $102.97. 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 $101.03 to $101.99. 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 $104.17 to $105.14. 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.

7. This transaction was executed in multiple trades during the day at prices ranging from $103.17 to $104.12. 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.

8. This transaction was executed in multiple trades during the day at prices ranging from $106.37 to $107.29. 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.

9. This transaction was executed in multiple trades during the day at prices ranging from $105.21 to $106.12. 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 02/04/2026

** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Atlassian (TEAM) disclose in this Form 4?

Atlassian disclosed that an entity associated with CEO and co-founder Michael Cannon-Brookes sold 7,665 shares of Class A Common Stock. The trades occurred on February 3, 2026 at prices between $101.6207 and $109.31, and are reported as indirect ownership changes.

Who executed the Atlassian (TEAM) share sales reported for Michael Cannon-Brookes?

The shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust, an entity associated with Michael Cannon-Brookes. The Form 4 reports the transactions as indirect beneficial ownership rather than direct personal holdings, reflecting trust-held Atlassian Class A shares.

How many Atlassian (TEAM) shares remain beneficially owned after the reported sales?

After the reported transactions, 298,935 shares of Atlassian Class A Common Stock are shown as beneficially owned indirectly. This figure reflects the remaining position reported for the trust-related holding following the series of planned sales executed on February 3, 2026.

Were the Atlassian (TEAM) insider sales made under a Rule 10b5-1 plan?

Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by the reporting person on February 20, 2025. Such plans pre-schedule trades, allowing insiders to sell shares under predetermined terms to help manage trading and compliance.

What price range did the Atlassian (TEAM) shares sell for in this filing?

Individual trades were executed at weighted-average prices including $109.31, $107.86, $104.7709 and $101.6207. Footnotes explain each line reflects multiple trades within narrow intraday ranges, and detailed trade-by-trade prices are available from the reporting person upon request.

What is Michael Cannon-Brookes’s role at Atlassian (TEAM) in this Form 4?

The Form 4 identifies Michael Cannon-Brookes as a director, CEO, co-founder and a 10% owner of Atlassian. These roles mean his share transactions are subject to Section 16 reporting, so changes in his direct or indirect beneficial ownership must be disclosed promptly to the SEC.

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	50	$109.31	$5K
Sale	Class A Common Stock	250	$107.86	$27K
Sale	Class A Common Stock	806	$102.4169	$83K
Sale	Class A Common Stock	1,350	$101.6207	$137K
Sale	Class A Common Stock	2,899	$104.7709	$304K
Sale	Class A Common Stock	1,410	$103.6157	$146K
Sale	Class A Common Stock	300	$106.9367	$32K
Sale	Class A Common Stock	600	$105.6383	$63K

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	02/03/2026		S⁽¹⁾		50	D	$109.31	306,550	I	See Footnote⁽²⁾
Class A Common Stock	02/03/2026		S⁽¹⁾		250	D	$107.86⁽³⁾	306,300	I	See Footnote⁽²⁾
Class A Common Stock	02/03/2026		S⁽¹⁾		806	D	$102.4169⁽⁴⁾	305,494	I	See Footnote⁽²⁾
Class A Common Stock	02/03/2026		S⁽¹⁾		1,350	D	$101.6207⁽⁵⁾	304,144	I	See Footnote⁽²⁾
Class A Common Stock	02/03/2026		S⁽¹⁾		2,899	D	$104.7709⁽⁶⁾	301,245	I	See Footnote⁽²⁾
Class A Common Stock	02/03/2026		S⁽¹⁾		1,410	D	$103.6157⁽⁷⁾	299,835	I	See Footnote⁽²⁾
Class A Common Stock	02/03/2026		S⁽¹⁾		300	D	$106.9367⁽⁸⁾	299,535	I	See Footnote⁽²⁾
Class A Common Stock	02/03/2026		S⁽¹⁾		600	D	$105.6383⁽⁹⁾	298,935	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

	/s/ Veena Bhatia, Attorney-in-Fact for Cannon-Brookes Michael	02/04/2026
	** 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.