Atlassian (NASDAQ: TEAM) CEO trust sells Class A stock under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian Corp’s CEO and co-founder Michael Cannon-Brookes reported multiple insider sales of Class A Common Stock on February 6, 2026, carried out under a pre-arranged Rule 10b5-1 trading plan adopted on February 20, 2025. The shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust, so the transactions are reported as indirect ownership. The filing lists several same-day trades, including 2,500 shares at a weighted-average price of $94.0953 and 2,065 shares at $95.0806, executed in multiple lots within stated price ranges. Following these transactions, the trust is shown as indirectly holding 275,940 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares ($726,716)
Net Sell
9 txns
Insider
Cannon-Brookes Michael
Role
CEO, Co-Founder
Sold
7,665 shs ($727K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 100 | $101.745 | $10K |
| Sale | Class A Common Stock | 300 | $96.955 | $29K |
| Sale | Class A Common Stock | 1,850 | $93.0989 | $172K |
| Sale | Class A Common Stock | 50 | $98.13 | $5K |
| Sale | Class A Common Stock | 2,500 | $94.0953 | $235K |
| Sale | Class A Common Stock | 200 | $99.635 | $20K |
| Sale | Class A Common Stock | 2,065 | $95.0806 | $196K |
| Sale | Class A Common Stock | 350 | $96.0186 | $34K |
| Sale | Class A Common Stock | 250 | $100.808 | $25K |
Holdings After Transaction:
Class A Common Stock — 283,505 shares (Indirect, See Footnote)
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 $100.42 to $101.08. 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 $101.74 to $101.75. 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 $96.63 to $97.59. 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 $92.58 to $93.55. 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 $93.58 to $94.52. 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 $99.26 to $99.82. 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 $94.62 to $95.58. 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 $95.62 to $96.51. 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.