Atlassian Corp (TEAM) CEO discloses Rule 10b5-1 trust stock sales

Q: Who is the reporting person in this Atlassian (TEAM) Form 4?

The reporting person is Michael Cannon-Brookes , who is identified as a director , CEO , co-founder , and 10% owner of Atlassian Corp.

Q: How are the sold Atlassian (TEAM) shares held according to the Form 4 footnotes?

The footnotes explain that the shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust , so the sales are reported as indirect beneficial ownership transactions.

Q: What are examples of the Atlassian shares sold and prices reported?

Examples include a sale of 1,050 Class A shares at $158.8938 and another of 1,754 Class A shares at $160.0867 , with each transaction executed in multiple trades within disclosed intraday price ranges.

Q: How many Atlassian shares remained indirectly owned after the reported transactions?

After the last reported transaction on January 7, 2026 , the filing shows 436,905 Atlassian Class A Common Stock shares beneficially owned indirectly through the trust.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Atlassian Corp reported that a trust associated with CEO, co-founder and director Michael Cannon-Brookes carried out preset sales of Class A Common Stock. On January 7, 2026, CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust sold multiple small blocks of Atlassian Class A shares in open-market transactions coded as sales.

Examples include 1,050 Class A shares at $158.8938 and 1,754 Class A shares at $160.0867, all reported as indirectly owned. After these transactions, the trust held 436,905 Class A shares beneficially owned indirectly. The filing notes these trades were executed pursuant to a Rule 10b5-1 trading plan adopted on February 20, 2025, indicating they were pre-arranged rather than discretionary market-timed sales.

Insider Trade Summary

Net Seller: 7,665 shares ($1,234,934)

Net Sell 7 txns

Insider Cannon-Brookes Michael

Role CEO, Co-Founder

Sold 7,665 shs ($1.23M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	1,050	$158.8938	$167K
Sale	Class A Common Stock	250	$157.8076	$39K
Sale	Class A Common Stock	150	$163.7633	$25K
Sale	Class A Common Stock	1,747	$162.9509	$285K
Sale	Class A Common Stock	1,470	$162.2288	$238K
Sale	Class A Common Stock	1,244	$160.8807	$200K
Sale	Class A Common Stock	1,754	$160.0867	$281K

Holdings After Transaction: Class A Common Stock — 443,520 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 $158.46 to $159.42. 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 $157.32 to $158.24. 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 $163.69 to $163.86. 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 $162.68 to $163.40. 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 $161.61 to $162.60. 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 $160.58 to $161.57. 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 $159.56 to $160.52. 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.

Form 4 Insider Transactions: What Each Field Means →

01/08/2026 - 04:04 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).

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

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)
01/07/2026

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)
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	01/07/2026		S⁽¹⁾		1,050	D	$158.8938⁽²⁾	443,520	I	See Footnote⁽³⁾
Class A Common Stock	01/07/2026		S⁽¹⁾		250	D	$157.8076⁽⁴⁾	443,270	I	See Footnote⁽³⁾
Class A Common Stock	01/07/2026		S⁽¹⁾		150	D	$163.7633⁽⁵⁾	443,120	I	See Footnote⁽³⁾
Class A Common Stock	01/07/2026		S⁽¹⁾		1,747	D	$162.9509⁽⁶⁾	441,373	I	See Footnote⁽³⁾
Class A Common Stock	01/07/2026		S⁽¹⁾		1,470	D	$162.2288⁽⁷⁾	439,903	I	See Footnote⁽³⁾
Class A Common Stock	01/07/2026		S⁽¹⁾		1,244	D	$160.8807⁽⁸⁾	438,659	I	See Footnote⁽³⁾
Class A Common Stock	01/07/2026		S⁽¹⁾		1,754	D	$160.0867⁽⁹⁾	436,905	I	See Footnote⁽³⁾

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)

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. This transaction was executed in multiple trades during the day at prices ranging from $158.46 to $159.42. 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.

3. Shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust.

4. This transaction was executed in multiple trades during the day at prices ranging from $157.32 to $158.24. 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 $163.69 to $163.86. 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 $162.68 to $163.40. 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 $161.61 to $162.60. 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 $160.58 to $161.57. 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 $159.56 to $160.52. 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	01/08/2026
	** 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 activity did Atlassian (TEAM) disclose in this Form 4?

The filing discloses that a trust associated with Atlassian CEO and co-founder Michael Cannon-Brookes sold multiple blocks of Class A Common Stock on January 7, 2026 in open-market transactions coded as sales.

Who is the reporting person in this Atlassian (TEAM) Form 4?

The reporting person is Michael Cannon-Brookes, who is identified as a director, CEO, co-founder, and 10% owner of Atlassian Corp.

Were the Atlassian insider stock sales made under a Rule 10b5-1 plan?

Yes. The filing states that the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 20, 2025, indicating they were pre-arranged.

How are the sold Atlassian (TEAM) shares held according to the Form 4 footnotes?

The footnotes explain that the shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust, so the sales are reported as indirect beneficial ownership transactions.

What are examples of the Atlassian shares sold and prices reported?

Examples include a sale of 1,050 Class A shares at $158.8938 and another of 1,754 Class A shares at $160.0867, with each transaction executed in multiple trades within disclosed intraday price ranges.

How many Atlassian shares remained indirectly owned after the reported transactions?

After the last reported transaction on January 7, 2026, the filing shows 436,905 Atlassian Class A Common Stock shares beneficially owned indirectly through the trust.