TEAM insider sale under Rule 10b5-1 plan with prices disclosed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian Corp (TEAM) disclosed insider stock sales by its CEO, Co‑Founder and director, who is also a 10% owner. On 11/10/2025, the reporting person sold Class A Common Stock in several transactions, each reported with a weighted‑average price: $157.6464, $156.284, $159.2212, $158.6055, $160.27, and $155.3307. Following these sales, 268,275 shares were beneficially owned indirectly.
The filing notes the trades were made pursuant to a Rule 10b5‑1 trading plan adopted on February 20, 2025. Shares are held by CBC Co Pty Limited as trustee for the Cannon‑Brookes Head Trust. Prices reflect multiple trades within daily ranges, with the issuer undertaking to provide full trade details upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares ($1,211,062)
Net Sell
6 txns
Insider
Cannon-Brookes Michael
Role
CEO, Co-Founder
Sold
7,665 shs ($1.21M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 903 | $157.6464 | $142K |
| Sale | Class A Common Stock | 944 | $156.284 | $148K |
| Sale | Class A Common Stock | 2,067 | $159.2212 | $329K |
| Sale | Class A Common Stock | 2,801 | $158.6055 | $444K |
| Sale | Class A Common Stock | 50 | $160.27 | $8K |
| Sale | Class A Common Stock | 900 | $155.3307 | $140K |
Holdings After Transaction:
Class A Common Stock — 275,037 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. This transaction was executed in multiple trades during the day at prices ranging from $156.99 to $157.98. 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. 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 $155.86 to $156.80. 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. This transaction was executed in multiple trades during the day at prices ranging from $158.99 to $159.80. 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. This transaction was executed in multiple trades during the day at prices ranging from $157.99 to $158.98. 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. This transaction was executed in multiple trades during the day at prices ranging from $154.82 to $155.77. 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.
FAQ
What did Atlassian (TEAM) disclose in this Form 4?
Sales of Class A Common Stock on 11/10/2025 by the CEO, Co‑Founder, director and 10% owner, reported in multiple weighted‑average price transactions.
Were the sales under a Rule 10b5-1 plan?
Yes. The transactions were effected pursuant to a Rule 10b5‑1 trading plan adopted on February 20, 2025.
What prices were reported for the sales?
Weighted‑average prices reported include $157.6464, $156.284, $159.2212, $158.6055, $160.27, and $155.3307, each with daily price ranges noted.
What is the reporting person’s relationship to Atlassian (TEAM)?
The reporting person is a Director, CEO, Co‑Founder, and a 10% Owner.
Where can detailed trade prices and sizes be obtained?
The reporting person undertakes to provide full trade information to the SEC staff, the issuer, or an issuer security holder upon request.