[Form 4] Atlassian Corp Insider Trading Activity
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.
Positive
- None.
Negative
- None.
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the plan date is disclosed, investors can treat these as scheduled disposals rather than opportunistic trades tied to unpublished company news.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 (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 20, 2025. 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. Shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust. 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. 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. 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.