Trust linked to Atlassian (TEAM) CEO sells 7,665 Class A shares

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

CBC Co Pty Limited, as trustee for the Cannon-Brookes Head Trust, sold a total of 7,665 shares of Atlassian Class A Common Stock on January 30, 2026 under a pre-arranged Rule 10b5-1 trading plan adopted on February 20, 2025.

The shares were sold in multiple trades at weighted-average prices ranging from $117.97 to $122.66 per share. Following these transactions, the trust continued to hold 314,265 Atlassian Class A shares indirectly attributable to Atlassian CEO and Co-Founder Michael Cannon-Brookes, who is also a director and more than 10% owner.

Insider Trade Summary

Net Seller: 7,665 shares ($913,311)

Net Sell 5 txns

Insider Cannon-Brookes Michael

Role CEO, Co-Founder

Sold 7,665 shs ($913K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	3,250	$119.4542	$388K
Sale	Class A Common Stock	731	$120.3553	$88K
Sale	Class A Common Stock	3,384	$118.345	$400K
Sale	Class A Common Stock	200	$121.8325	$24K
Sale	Class A Common Stock	100	$122.595	$12K

Holdings After Transaction: Class A Common Stock — 318,680 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 $118.99 to $119.95. 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. 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 $120.00 to $120.94. 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 $117.97 to $118.96. 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 $121.48 to $122.37. 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 $122.53 to $122.66. 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.

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Form 4 Insider Transactions: What Each Field Means →

02/02/2026 - 05:31 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cannon-Brookes Michael

(Last)

(First)

(Middle)

C/O ATLASSIAN CORPORATION

350 BUSH STREET, FLOOR 13

(Street)

SAN FRANCISCO

94104

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Atlassian Corp [ TEAM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, Co-Founder

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	01/30/2026		S⁽¹⁾		3,250	D	$119.4542⁽²⁾	318,680	I	See Footnote⁽³⁾
Class A Common Stock	01/30/2026		S⁽¹⁾		731	D	$120.3553⁽⁴⁾	317,949	I	See Footnote⁽³⁾
Class A Common Stock	01/30/2026		S⁽¹⁾		3,384	D	$118.345⁽⁵⁾	314,565	I	See Footnote⁽³⁾
Class A Common Stock	01/30/2026		S⁽¹⁾		200	D	$121.8325⁽⁶⁾	314,365	I	See Footnote⁽³⁾
Class A Common Stock	01/30/2026		S⁽¹⁾		100	D	$122.595⁽⁷⁾	314,265	I	See Footnote⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 20, 2025.

2. This transaction was executed in multiple trades during the day at prices ranging from $118.99 to $119.95. 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.

3. Shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust.

4. This transaction was executed in multiple trades during the day at prices ranging from $120.00 to $120.94. 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.

5. This transaction was executed in multiple trades during the day at prices ranging from $117.97 to $118.96. 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.

6. This transaction was executed in multiple trades during the day at prices ranging from $121.48 to $122.37. 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.

7. This transaction was executed in multiple trades during the day at prices ranging from $122.53 to $122.66. 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.

Remarks:

	/s/ Veena Bhatia, Attorney-in-Fact for Cannon-Brookes Michael	02/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Atlassian (TEAM) report on January 30, 2026?

Atlassian reported that CBC Co Pty Limited, as trustee for the Cannon-Brookes Head Trust, sold 7,665 Class A shares on January 30, 2026. These indirect holdings are attributable to CEO and Co-Founder Michael Cannon-Brookes, a director and more than 10% owner of Atlassian.

At what prices were the Atlassian (TEAM) shares sold in this Form 4 filing?

The Atlassian Class A shares were sold in multiple trades at weighted-average prices between about $117.97 and $122.66 per share. Each sale price reflects ranges disclosed for that trade, with detailed trade-level data available upon request to the issuer or SEC staff.

How many Atlassian (TEAM) shares does the Cannon-Brookes Head Trust hold after the sale?

After the reported sales, the Cannon-Brookes Head Trust held 314,265 Atlassian Class A Common shares. These shares are reported as indirectly owned by Michael Cannon-Brookes through CBC Co Pty Limited acting as trustee for the Cannon-Brookes Head Trust.

Was the Atlassian (TEAM) insider sale made under a Rule 10b5-1 trading plan?

Yes. The filing states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Michael Cannon-Brookes on February 20, 2025. Such plans allow pre-scheduled trades, helping insiders sell shares under predetermined instructions.

Who is the reporting person in this Atlassian (TEAM) Form 4 filing?

The reporting person is Michael Cannon-Brookes, Atlassian’s CEO, Co-Founder, director, and more than 10% owner. The shares involved are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust and reported as indirect beneficial ownership.

How many separate sale transactions are disclosed in this Atlassian (TEAM) Form 4?

The Form 4 discloses five separate sales of Atlassian Class A Common Stock on January 30, 2026. Individual trades covered 3,250, 731, 3,384, 200, and 100 shares respectively, each with its own reported weighted-average sale price and remaining indirect holdings.