Atlassian insider files Form 4 on RSU tax-withholding stock sales
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 85 | $151.3139 | $13K |
| Sale | Class A Common Stock | 534 | $151.9694 | $81K |
| Sale | Class A Common Stock | 193 | $153.053 | $30K |
| Sale | Class A Common Stock | 166 | $154.1136 | $26K |
| Sale | Class A Common Stock | 24 | $154.7213 | $4K |
| Sale | Class A Common Stock | 42 | $150.2902 | $6K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. This transaction was executed in multiple trades during the day at prices ranging from $150.59 to $151.58. 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 $151.59 to $152.59. 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 $152.59 to $153.58. 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 $153.59 to $154.58. 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 $154.59 to $154.89. 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 $149.59 to $150.58. 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 spouse.
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.
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.
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.