[Form 4] Atlassian Corp Insider Trading Activity
Rhea-AI Filing Summary
Atlassian Corp reported that a trust associated with CEO, co-founder and director Michael Cannon-Brookes sold Class A common stock in pre‑planned trades. On January 21, 2026, CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust sold a total of 7,665 Class A shares in multiple transactions at prices ranging from about $117.86 to $122.99 per share. These sales were made under a Rule 10b5‑1 trading plan adopted on February 20, 2025, which automates selling according to preset instructions. After these transactions, the trust beneficially owned 367,920 Class A shares indirectly attributed to Cannon-Brookes.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 50 | $122.99 | $6K |
| Sale | Class A Common Stock | 3,894 | $121.5226 | $473K |
| Sale | Class A Common Stock | 2,021 | $122.2744 | $247K |
| Sale | Class A Common Stock | 250 | $119.178 | $30K |
| Sale | Class A Common Stock | 1,300 | $120.4811 | $157K |
| Sale | Class A Common Stock | 150 | $117.8567 | $18K |
Footnotes (7)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 20, 2025.
- F2. Shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust.
- F3. This transaction was executed in multiple trades during the day at prices ranging from $120.96 to $121.95. 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.
- F4. This transaction was executed in multiple trades during the day at prices ranging from $121.98 to $122.91. 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 $118.88 to $119.74. 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 $119.92 to $120.89. 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.
- F7. This transaction was executed in multiple trades during the day at prices ranging from $117.51 to $118.46. 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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FAQ
What insider transaction did Atlassian (TEAM) disclose for Michael Cannon-Brookes?
The filing shows that a trust associated with Michael Cannon-Brookes, Atlassian's CEO, co-founder, director and 10% owner, sold Class A common stock in a series of planned transactions on January 21, 2026.