[Form 4] Atlassian Corp Insider Trading Activity
Rhea-AI Filing Summary
Atlassian Corp (TEAM) CEO and Co-Founder Michael Cannon-Brookes, a director and 10% owner, reported open-market sales of Class A common stock on 11/24/2025 under a pre-arranged Rule 10b5-1 trading plan adopted on February 20, 2025.
The reported transactions were three separate sales: 800 shares at a weighted-average price of $147.7615, 5,015 shares at $146.6825, and 1,850 shares at $145.9533. Each sale was executed in multiple trades within disclosed intraday price ranges, with the weighted-average prices reported.
Following these sales, Cannon-Brookes is shown as beneficially owning 191,625 shares of Class A common stock, held indirectly through CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust.
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FAQ
What insider transaction did Atlassian (TEAM) report for Michael Cannon-Brookes?
Michael Cannon-Brookes, Atlassian's CEO, Co-Founder, director and 10% owner, reported open-market sales of Atlassian Class A common stock on 11/24/2025.
How many Atlassian (TEAM) shares did Michael Cannon-Brookes sell on 11/24/2025?
He reported three sales of Atlassian Class A common stock: 800 shares, 5,015 shares, and 1,850 shares, all on 11/24/2025.
What prices were received for the Atlassian (TEAM) shares sold by Michael Cannon-Brookes?
The weighted-average prices were $147.7615 for 800 shares, $146.6825 for 5,015 shares, and $145.9533 for 1,850 shares, each executed in multiple trades within stated intraday ranges.
Was the Atlassian (TEAM) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Michael Cannon-Brookes on February 20, 2025.
How many Atlassian (TEAM) shares does Michael Cannon-Brookes beneficially own after these transactions?
After the reported sales, he is shown as beneficially owning 191,625 shares of Atlassian Class A common stock.
How are Michael Cannon-Brookes' remaining Atlassian (TEAM) shares held?
The filing states that the shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust, reflecting indirect beneficial ownership.
What is Michael Cannon-Brookes' relationship to Atlassian (TEAM)?
He is listed as a director, CEO, Co-Founder, and a 10% owner of Atlassian Corp.