[Form 4] Atlassian Corp Insider Trading Activity
Atlassian Corp (TEAM) reported insider activity by its Chief Accounting Officer, who filed a Form 4 after several small open-market sales of Class A common stock on 11/14/2025. The filing states these shares were sold to cover tax withholding obligations arising from the vesting and settlement of restricted stock units, and that the transactions did not represent discretionary trading decisions. Sale prices for the trades ranged from $149.59 to $154.89 per share. Following these transactions, the officer beneficially owned 58,163 Class A shares directly and 120 shares indirectly through a spouse.
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FAQ
What did Atlassian (TEAM) disclose in this Form 4 filing?
The Form 4 reports that Atlassian’s Chief Accounting Officer sold small amounts of Class A common stock on 11/14/2025, primarily to cover tax withholding from vested RSUs, and details the officer’s remaining share ownership.
Why did the Atlassian officer sell shares of TEAM stock?
The filing explains that the reported sale was made to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units (RSUs), using a "sell to cover" transaction rather than a discretionary sale.
On what date were the Atlassian (TEAM) insider stock sales made?
All reported transactions occurred on 11/14/2025, as shown in the non-derivative securities table for the Class A common stock sales.
What prices were received for the Atlassian (TEAM) shares sold?
The filing notes that the transactions were executed in multiple trades during the day at prices ranging from $149.59 to $154.89 per share, with detailed ranges described in the explanatory footnotes.
How many Atlassian (TEAM) shares does the officer own after these transactions?
After the reported sales, the officer beneficially owned 58,163 shares of Atlassian Class A common stock directly and an additional 120 shares indirectly, held by a spouse.
Does this Form 4 show any derivative securities for the Atlassian insider?
The section for derivative securities indicates no reported acquisitions or dispositions of options, warrants, or other derivative instruments in this filing.
What is the reporting person’s role at Atlassian (TEAM)?
The reporting person is identified as an Officer of Atlassian, serving as the company’s Chief Accounting Officer, according to the relationship section of the form.