Atlassian CEO trust sells 7,665 shares under plan
Atlassian Corp insider activity centers on a trust linked to CEO and Co‑Founder Michael Cannon‑Brookes.
Rhea-AI Filing Summary
Atlassian Corp insider activity centers on a trust linked to CEO and Co‑Founder Michael Cannon‑Brookes. On January 29, 2026, CBC Co Pty Limited as trustee for the Cannon‑Brookes Head Trust sold a total of 7,665 shares of Class A Common Stock in a series of open‑market transactions.
The sales, executed at weighted‑average prices between about $116 and $123 per share, were carried out under a pre‑arranged Rule 10b5‑1 trading plan adopted on February 20, 2025. Following these trades, the trust beneficially held 321,930 Class A shares on an indirect basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 300 | $116.6967 | $35K |
| Sale | Class A Common Stock | 2,500 | $119.6025 | $299K |
| Sale | Class A Common Stock | 3,072 | $118.813 | $365K |
| Sale | Class A Common Stock | 50 | $123.17 | $6K |
| Sale | Class A Common Stock | 1,200 | $117.7776 | $141K |
| Sale | Class A Common Stock | 543 | $120.4315 | $65K |
Footnotes (7)
- 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 $116.03 to $116.97. 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 $119.22 to $120.21. 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 $118.22 to $119.21. 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 $117.22 to $118.17. 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.
- F7. This transaction was executed in multiple trades during the day at prices ranging from $120.22 to $121.11. 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
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What insider transaction did Atlassian (TEAM) disclose in this Form 4?
What is a Rule 10b5-1 trading plan in the context of Atlassian (TEAM)?
Were the Atlassian (TEAM) insider sales single trades or multiple executions?
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