Atlassian Corp (TEAM) trust sells Class A shares in 10b5-1 plan trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
A trust associated with Atlassian Corp CEO, co-founder and 10% owner Michael Cannon-Brookes reported multiple open-market sales of Atlassian Class A common stock on January 13, 2026. The trades, all coded as sales, were made under a Rule 10b5-1 trading plan adopted on February 20, 2025.
Individual transactions ranged from 100 to 3,213 shares at weighted-average prices between $138.3263 and $147.65. After these sales, CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust beneficially owned 406,245 Class A shares indirectly for the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares ($1,071,899)
Net Sell
9 txns
Insider
Cannon-Brookes Michael
Role
CEO, Co-Founder
Sold
7,665 shs ($1.07M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 350 | $146.7671 | $51K |
| Sale | Class A Common Stock | 300 | $144.7483 | $43K |
| Sale | Class A Common Stock | 3,213 | $139.1582 | $447K |
| Sale | Class A Common Stock | 2,602 | $138.3263 | $360K |
| Sale | Class A Common Stock | 100 | $147.65 | $15K |
| Sale | Class A Common Stock | 200 | $141.3913 | $28K |
| Sale | Class A Common Stock | 600 | $140.1384 | $84K |
| Sale | Class A Common Stock | 200 | $143.47 | $29K |
| Sale | Class A Common Stock | 100 | $142.453 | $14K |
Holdings After Transaction:
Class A Common Stock — 413,560 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 $143.23 to $143.76. 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 $142.19 to $142.74. 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 $146.26 to $147.25. 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 $144.49 to $145.32. 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 $138.79 to $139.75. 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 $137.78 to $138.75. 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 $147.35 to $147.95. 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 $140.79 to $141.67. 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 $139.79 to $140.76. 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
Who is the reporting person in this Atlassian (TEAM) Form 4 filing?
The reporting person is Michael Cannon-Brookes, who is a director, CEO, co-founder, and 10% owner of Atlassian Corp.
What securities were traded in this Atlassian (TEAM) insider transaction?
The transactions involved Atlassian Class A Common Stock, reported as multiple sales on January 13, 2026.
How were the Atlassian (TEAM) insider sales structured on January 13, 2026?
Several sales occurred on the same day, with trade sizes from 100 to 3,213 shares at weighted-average prices between $138.3263 and $147.65, each reported as an open-market sale.
Were the Atlassian (TEAM) insider sales made under a Rule 10b5-1 plan?
Yes. A footnote states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 20, 2025.
What price details are provided for the Atlassian (TEAM) insider trades?
Each sale is reported with a weighted-average price, and footnotes state the trades occurred in multiple executions within daily price ranges, such as $146.26 to $147.25 and $142.19 to $142.74.