Atlassian (TEAM) insider sells 1,552 shares in August 2026
Rhea-AI Filing Summary
Atlassian Corp Chief Accounting Officer Gene Liu reported sales of 1,552 shares of Class A Common Stock of TEAM. On August 14, 2026, multiple small trades were executed primarily to cover tax withholding obligations from RSU vesting through "sell to cover" transactions. On August 13, 2026, 737 shares were sold at $165.00 per share pursuant to a Rule 10b5-1 trading plan adopted on December 5, 2025. An additional 120 shares are held indirectly through Liu’s spouse.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 1,552 shares
Net Sell
8 txns
Insider
LIU GENE
Role
Chief Accounting Officer
Sold
1,552 shs ($254K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 13 | $166.4041 | $2K |
| Sale | Class A Common Stock F1, F3 | 3 | $167.2921 | $501.88 |
| Sale | Class A Common Stock F1, F4 | 492 | $162.3751 | $80K |
| Sale | Class A Common Stock F1, F5 | 157 | $163.2214 | $26K |
| Sale | Class A Common Stock F1, F6 | 125 | $164.2923 | $21K |
| Sale | Class A Common Stock F1, F7 | 25 | $165.1471 | $4K |
| Sale | Class A Common Stock F8 | 737 | $165.00 | $122K |
| holding | Class A Common Stock F9 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 57,932 shares (Direct);
Class A Common Stock — 120 shares (Indirect, See Footnote)
Footnotes (9)
- F1. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- F2. This transaction was executed in multiple trades during the day at prices ranging from $166.05 to $166.97. 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. This transaction was executed in multiple trades during the day at prices ranging from $167.05 to $167.75. 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.
- F4. This transaction was executed in multiple trades during the day at prices ranging from $161.84 to $162.83. 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 $162.84 to $163.83. 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 $163.84 to $164.74. 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 $164.89 to $165.52. 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.
- F8. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 5, 2025.
- F9. Shares are held by spouse.
Key Figures
Total shares sold: 1,552 shares
Largest single sale: 737 shares
Price on 737-share sale: $165.00 per share
+3 more
6 metrics
Total shares sold
1,552 shares
Net shares sold across seven sale transactions reported in the transaction summary
Largest single sale
737 shares
Sale of Class A Common Stock on August 13, 2026 at $165.00 per share
Price on 737-share sale
$165.00 per share
Class A Common Stock sale on August 13, 2026 under Rule 10b5-1 plan
August 14 trade block
815 shares
Combined shares across six tax-withholding "sell to cover" sales on August 14, 2026
Reported price range Aug 14
$161.84–$167.75
Footnotes describe multiple trades within these intraday price ranges for August 14, 2026
Indirect holdings
120 shares
Class A Common Stock held indirectly by spouse as of August 13, 2026
Key Terms
Rule 10b5-1 trading plan, sell to cover, RSUs, tax withholding obligations, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
sell to cover financial
"to be funded by a "sell to cover" transaction and does not represent"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
RSUs financial
"in connection with the vesting and settlement of RSUs. The sale was"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax withholding obligations financial
"shares sold by the Reporting Person to cover tax withholding obligations in"
indirect ownership financial
"Shares are held by spouse."
FAQ
What insider transactions did Atlassian (TEAM) report for Gene Liu on this Form 4?
Gene Liu reported selling 1,552 shares of Atlassian Class A Common Stock across several trades on August 13–14, 2026, plus an updated indirect holding of 120 shares through a spouse.
Were Gene Liu’s Atlassian (TEAM) stock sales under a Rule 10b5-1 plan?
Yes. A sale of 737 shares at $165.00 per share on August 13, 2026 was effected under a Rule 10b5-1 trading plan adopted on December 5, 2025, indicating it was pre-arranged rather than timed opportunistically.
What prices were reported for Gene Liu’s Atlassian (TEAM) stock sales?
Reported per-share prices ranged from about $161.84 to $167.75. Individual Form 4 lines show weighted-average prices such as $162.3751, $163.2214, and $166.4041, with footnotes noting execution in multiple trades within disclosed price ranges.
AI-generated analysis. How Rhea-AI works. Not financial advice.