Atlassian (NASDAQ: TEAM) CEO-linked trust sells Class A stock
Rhea-AI Filing Summary
Atlassian Corp CEO-linked trust reports planned stock sales. A trust associated with CEO, director and 10% owner Michael Cannon-Brookes, CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust, executed multiple open-market sales of Atlassian Class A Common Stock on January 23, 2026.
The transactions were carried out under a Rule 10b5-1 trading plan adopted on February 20, 2025. Weighted-average sale prices reported include $129.4736, $130.709, $131.5116 and $132.105, with individual trades during the day ranging from $128.99 to $132.12. Following the last reported sale, the trust indirectly held 352,590 shares of Atlassian Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,100 | $129.4736 | $142K |
| Sale | Class A Common Stock | 3,604 | $130.709 | $471K |
| Sale | Class A Common Stock | 2,861 | $131.5116 | $376K |
| Sale | Class A Common Stock | 100 | $132.105 | $13K |
Footnotes (6)
- 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 $128.99 to $129.98. 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 $130.08 to $131.04. 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.
- F5. This transaction was executed in multiple trades during the day at prices ranging from $131.08 to $132.07. 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 $132.09 to $132.12. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Who is the insider in Atlassian (TEAM) Form 4 dated January 23, 2026?
The reporting person is Michael Cannon-Brookes, who serves as CEO, Co-Founder, director and 10% owner of Atlassian Corp.
What type of transactions did the Atlassian (TEAM) Form 4 report?
The Form 4 reports multiple open-market sales (Code S) of Class A Common Stock on January 23, 2026, executed indirectly through the trust.
Were the Atlassian (TEAM) insider sales made under a trading plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted by the reporting person on February 20, 2025.