[Form 4] Atlassian Corp Insider Trading Activity
Atlassian Corp (TEAM) director and CEO Michael Cannon-Brookes sold a total of 7,665 Class A shares on 10/07/2025 under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
Atlassian Corp (TEAM) director and CEO Michael Cannon-Brookes sold a total of 7,665 Class A shares on 10/07/2025 under a Rule 10b5-1 trading plan. The sales occurred in multiple trades at prices ranging roughly from $146.30 to $151.57, with reported weighted-average prices for grouped trades shown on the form. After these dispositions, the reporting person (through CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust) beneficially owned between 452,235 and 457,100 shares across the reported lines. The Form 4 was signed by an attorney-in-fact on 10/08/2025.
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Insights
TL;DR: CEO sold 7,665 TEAM shares via a 10b5-1 plan on 10/07/2025.
The sales were executed under a pre-arranged Rule 10b5-1 plan adopted on 02/20/2025, which provides an affirmative defense for scheduled insider trades. Reported trades were split across multiple executions with weighted-average prices reported and price ranges disclosed for each group.
Dependence on plan timing and structure matters: because the plan date is disclosed, investors can treat these as scheduled disposals rather than opportunistic trades tied to unpublished company news. Monitor subsequent Form 4 filings for additional scheduled trades or plan amendments within the next months.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,800 | $147.7863 | $414K |
| Sale | Class A Common Stock | 100 | $151.57 | $15K |
| Sale | Class A Common Stock | 1,300 | $148.9408 | $194K |
| Sale | Class A Common Stock | 2,430 | $146.9108 | $357K |
| Sale | Class A Common Stock | 1,035 | $149.8212 | $155K |
Footnotes (6)
- 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 $147.35 to $148.24. 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 $148.46 to $149.44. 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 $146.30 to $147.29. 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 $149.46 to $150.11. 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.
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