TEAM insider filing: CEO reports sales; indirect stake at 252,945
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian (TEAM) CEO, Co‑Founder and Director Michael Cannon‑Brookes reported insider sales on 11/12/2025 under a Rule 10b5‑1 trading plan adopted on February 20, 2025. The filings list multiple open‑market sales of Class A common stock executed in separate trades with weighted‑average prices reported for each tranche. Following these transactions, he beneficially owns 252,945 shares, held indirectly through CBC Co Pty Limited as trustee for the Cannon‑Brookes Head Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares ($1,187,852)
Net Sell
6 txns
Insider
Cannon-Brookes Michael
Role
CEO, Co-Founder
Sold
7,665 shs ($1.19M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 350 | $156.5565 | $55K |
| Sale | Class A Common Stock | 2,252 | $155.4616 | $350K |
| Sale | Class A Common Stock | 150 | $158.5167 | $24K |
| Sale | Class A Common Stock | 3,100 | $154.6492 | $479K |
| Sale | Class A Common Stock | 250 | $157.636 | $39K |
| Sale | Class A Common Stock | 1,563 | $153.7801 | $240K |
Holdings After Transaction:
Class A Common Stock — 260,260 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 $156.15 to $156.98. 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 $155.15 to $156.02. 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 $158.40 to $158.75. 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. This transaction was executed in multiple trades during the day at prices ranging from $154.14 to $155.13. 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 $157.22 to $157.93. 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 $153.14 to $154.12. 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.
FAQ
What did Atlassian (TEAM) disclose in this Form 4?
Michael Cannon‑Brookes reported multiple open‑market sales of Class A common stock on 11/12/2025 with weighted‑average prices noted for each tranche.
Who is the reporting person on the TEAM Form 4?
Michael Cannon‑Brookes, CEO, Co‑Founder, Director, and a 10% Owner.
Was a trading plan used for these TEAM insider sales?
Yes. The transactions were made under a Rule 10b5‑1 trading plan adopted on February 20, 2025.
How were prices reported for the TEAM trades?
Each sale’s weighted‑average price is disclosed, with notes stating the trades were executed in multiple transactions during the day.