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Atlassian CEO's trust buys 13,400 shares

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Form Type
4

Rhea-AI Filing Summary

Atlassian Corp reported that CBC Co Pty Limited, as trustee for the Cannon-Brookes Head Trust, purchased 13,400 Class A common shares on November 11, 2026. Michael Cannon-Brookes, CEO, Co-Founder, director and ten percent owner, is the reporting person. The four reported weighted-average prices were $151.2631, $152.9920, $149.7212 and $152.1644 per share. The transactions were made under a Rule 10b5-1 trading plan adopted by Cannon-Brookes on August 9, 2026.

Insider Cannon-Brookes Michael
Role CEO, Co-Founder
Bought 13,400 shs ($2.01M)
Type Security Shares Price Value
Purchase Class A Common Stock F1, F2, F3 1,300 $151.2631 $197K
Purchase Class A Common Stock F1, F4, F3 714 $152.992 $109K
Purchase Class A Common Stock F1, F5, F3 10,000 $149.7212 $1.50M
Purchase Class A Common Stock F1, F6, F3 1,386 $152.1644 $211K
Holdings After Transaction: Class A Common Stock — 289,340 shares (Indirect, See Footnote)
Footnotes (6)
  1. F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 9, 2026.
  2. F2. This transaction was executed in multiple trades during the day at prices ranging from $150.71 to $151.61. 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. F3. Shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust.
  4. F4. This transaction was executed in multiple trades during the day at prices ranging from $152.80 to $153.38. 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. F5. This transaction was executed in multiple trades during the day at prices ranging from $149.33 to $150.14. 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. F6. This transaction was executed in multiple trades during the day at prices ranging from $151.79 to $152.76. 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.
Shares purchased, trade 1 1,300 shares November 11, 2026; held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust
Weighted-average purchase price, trade 1 $151.2631 per share November 11, 2026
Shares purchased, trade 2 714 shares November 11, 2026; held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust
Weighted-average purchase price, trade 2 $152.9920 per share November 11, 2026
Shares purchased, trade 3 10,000 shares November 11, 2026; held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust
Weighted-average purchase price, trade 3 $149.7212 per share November 11, 2026
Shares purchased, trade 4 1,386 shares November 11, 2026; held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust
Weighted-average purchase price, trade 4 $152.1644 per share November 11, 2026
Rule 10b5-1 trading plan regulatory
"effected pursuant to a Rule 10b5-1 trading plan"
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.
weighted-average price financial
"The weighted-average price is reported above"
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many TEAM shares did CBC Co Pty Limited buy as trustee for the Cannon-Brookes Head Trust?

CBC Co Pty Limited, as trustee for the Cannon-Brookes Head Trust, purchased 13,400 Atlassian Class A common shares on November 11, 2026. The four reported weighted-average prices were $151.2631, $152.9920, $149.7212 and $152.1644 per share.

Were the TEAM share purchases reported by CEO and co-founder Michael Cannon-Brookes made under a trading plan?

Yes. The purchases were made under a Rule 10b5-1 trading plan adopted by reporting person Michael Cannon-Brookes on August 9, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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).
X
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 CALIFORNIA 94104

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Atlassian Corp [ TEAM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
CEO, Co-Founder
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock11/11/2026P(1)1,300A$151.2631(2)277,240ISee Footnote(3)
Class A Common Stock11/11/2026P(1)714A$152.992(4)277,954ISee Footnote(3)
Class A Common Stock11/11/2026P(1)10,000A$149.7212(5)287,954ISee Footnote(3)
Class A Common Stock11/11/2026P(1)1,386A$152.1644(6)289,340ISee 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 9, 2026.
2. This transaction was executed in multiple trades during the day at prices ranging from $150.71 to $151.61. 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 $152.80 to $153.38. 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 $149.33 to $150.14. 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 $151.79 to $152.76. 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.
Remarks:
/s/ Veena Bhatia, Attorney-in-Fact for Cannon-Brookes Michael11/12/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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