TEAM insider Michael Cannon‑Brookes reports 7,665‑share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian Corp (TEAM) CEO, Co‑Founder, Director and 10% Owner Michael Cannon‑Brookes reported open‑market sales of 7,665 Class A shares on November 3, 2025, executed under a Rule 10b5‑1 trading plan adopted on February 20, 2025.
The transactions were completed in multiple trades, with weighted‑average prices reported between $167.8519 and $176.3907, as detailed in the filing’s footnotes. Following these sales, his reported beneficial ownership was 306,600 Class A shares, held indirectly by CBC Co Pty Limited as trustee for the Cannon‑Brookes Head Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares ($1,324,392)
Net Sell
9 txns
Insider
Cannon-Brookes Michael
Role
CEO, Co-Founder
Sold
7,665 shs ($1.32M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 500 | $167.8519 | $84K |
| Sale | Class A Common Stock | 1,140 | $176.3907 | $201K |
| Sale | Class A Common Stock | 350 | $168.9957 | $59K |
| Sale | Class A Common Stock | 349 | $170.0072 | $59K |
| Sale | Class A Common Stock | 1,317 | $171.2753 | $226K |
| Sale | Class A Common Stock | 1,909 | $172.1297 | $329K |
| Sale | Class A Common Stock | 550 | $173.1173 | $95K |
| Sale | Class A Common Stock | 300 | $174.1117 | $52K |
| Sale | Class A Common Stock | 1,250 | $175.4289 | $219K |
Holdings After Transaction:
Class A Common Stock — 313,765 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 $173.74 to $174.60. 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 $174.98 to $175.94. 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 $167.28 to $168.20. 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 $176.09 to $176.61. 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 $168.67 to $169.38. 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 $169.70 to $170.29. 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 $170.74 to $171.66. 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 $171.74 to $172.65. 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 $172.74 to $173.45. 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
When did the insider sales for Atlassian (TEAM) occur?
The sales occurred on November 3, 2025.
What price range was reported for the Atlassian (TEAM) sales?
Weighted‑average prices ranged from $167.8519 to $176.3907 across multiple trades.
Was there a 10b5‑1 trading plan for these Atlassian (TEAM) transactions?
Yes. The plan was adopted on February 20, 2025.
What is Michael Cannon‑Brookes’ Atlassian (TEAM) ownership after the trades?
Reported beneficial ownership is 306,600 Class A shares, held indirectly.
What roles does Michael Cannon‑Brookes hold at Atlassian (TEAM)?
He is CEO, Co‑Founder, Director, and a 10% Owner.