Atlassian (TEAM) CRO receives 121,512 restricted stock units as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian Corp Chief Revenue Officer Brian Duffy received an award of 121,512 restricted stock units of Class A common stock as equity compensation. The units were granted at no cash cost to him and increase his direct holdings to 245,844 shares.
Each restricted stock unit represents the right to receive one Atlassian Class A share upon vesting. The units will vest over time according to the terms of the Atlassian Amended and Restated 2015 Share Incentive Plan and the underlying award agreement, making this a compensation-related, not open-market, acquisition.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DUFFY BRIAN
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 121,512 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 245,844 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 121,512 shares
Grant price: $0.00 per share
Holdings after grant: 245,844 shares
3 metrics
RSU grant size
121,512 shares
Restricted stock units of Class A Common Stock granted on 2026-04-23
Grant price
$0.00 per share
Equity award granted at no cash cost to the executive
Holdings after grant
245,844 shares
Total direct Class A holdings following the RSU award
Key Terms
restricted stock units, contingent right, vesting, Amended and Restated 2015 Share Incentive Plan
4 terms
restricted stock units financial
"Represents an award of restricted stock units under the Atlassian Corporation"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents the contingent right to receive, upon vesting of the unit, one share"
vesting financial
"upon vesting of the unit, one share of Atlassian Class A common stock"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Atlassian (TEAM) executive Brian Duffy report in this Form 4?
Brian Duffy reported receiving 121,512 restricted stock units of Atlassian Class A common stock. These equity awards were granted at no cash cost and are part of his compensation, increasing his direct holdings to 245,844 shares after the grant.
Is Brian Duffy’s Atlassian Form 4 transaction a market purchase or sale?
The transaction is not a market purchase or sale. It reflects a grant of restricted stock units as compensation, coded as an acquisition (A). The units convert into shares only as they vest under the company’s 2015 Share Incentive Plan.
What are the terms of the restricted stock units granted to Atlassian’s CRO?
Each restricted stock unit represents a contingent right to receive one Atlassian Class A share upon vesting. Vesting will occur in accordance with the terms of the underlying award under the Atlassian Amended and Restated 2015 Share Incentive Plan.
Does this Atlassian Form 4 indicate any remaining stock options or derivatives?
The filing shows no remaining derivative positions for Brian Duffy in the derivative summary. The reported transaction relates solely to non-derivative Class A common stock in the form of restricted stock units awarded as part of his compensation package.