Atlassian (TEAM) CEO Cannon‑Brookes sells 7,665 Class A shares
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.
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
| 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 |
Footnotes (11)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 20, 2025.
- F10. 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.
- F11. 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.
- F2. 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.
- F3. Shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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.
- F9. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When did the insider sales for Atlassian (TEAM) occur?
What price range was reported for the Atlassian (TEAM) sales?
Was there a 10b5‑1 trading plan for these Atlassian (TEAM) transactions?
What is Michael Cannon‑Brookes’ Atlassian (TEAM) ownership after the trades?
What roles does Michael Cannon‑Brookes hold at Atlassian (TEAM)?
AI-generated analysis. How Rhea-AI works. Not financial advice.