Atlassian CFO sells 9,054 shares to cover taxes
Atlassian Corp (TEAM) reported that Chief Financial Officer James Chuong sold Class A Common Stock on 2026-08-19 in a series of non-derivative transactions.
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Rhea-AI Filing Summary
Atlassian Corp (TEAM) reported that Chief Financial Officer James Chuong sold Class A Common Stock on 2026-08-19 in a series of non-derivative transactions. In total, 9,054 shares were sold in open-market trades at prices around the reported per-share amounts, solely to cover tax withholding obligations arising from the vesting and settlement of RSUs. The sales were executed as a "sell to cover" arrangement and are stated not to represent discretionary trades by the reporting person.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 107 | $170.047 | $18K |
| Sale | Class A Common Stock F1, F3 | 2,143 | $173.1385 | $371K |
| Sale | Class A Common Stock F1, F4 | 264 | $175.7628 | $46K |
| Sale | Class A Common Stock F1, F5 | 573 | $171.3122 | $98K |
| Sale | Class A Common Stock F1, F6 | 2,044 | $174.0215 | $356K |
| Sale | Class A Common Stock F1, F7 | 568 | $167.1503 | $95K |
| Sale | Class A Common Stock F1, F8 | 339 | $167.991 | $57K |
| Sale | Class A Common Stock F1 | 23 | $162.05 | $4K |
| Sale | Class A Common Stock F1, F9 | 194 | $165.9643 | $32K |
| Sale | Class A Common Stock F1, F10 | 150 | $169.0942 | $25K |
| Sale | Class A Common Stock F1, F11 | 1,377 | $172.0071 | $237K |
| Sale | Class A Common Stock F1, F12 | 1,184 | $175.1044 | $207K |
| Sale | Class A Common Stock F1, F13 | 88 | $165.0818 | $15K |
Footnotes (13)
- F1. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- F10. This transaction was executed in multiple trades during the day at prices ranging from $168.56 to $169.55. 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 $171.57 to $172.56. 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.
- F12. This transaction was executed in multiple trades during the day at prices ranging from $174.57 to $175.56. 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.
- F13. This transaction was executed in multiple trades during the day at prices ranging from $164.55 to $165.54. 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 $169.56 to $170.49. 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. This transaction was executed in multiple trades during the day at prices ranging from $172.57 to $173.56. 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.
- F4. This transaction was executed in multiple trades during the day at prices ranging from $175.57 to $176.10. 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 $170.57 to $171.56. 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 $173.57 to $174.56. 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 $166.55 to $167.54. 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 $167.55 to $168.54. 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 $165.55 to $166.43. 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.
Key Figures
Key Terms
sell to cover financial
RSUs financial
Restricted Stock Units financial
Form 4 regulatory
FAQ
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What did Atlassian Corp (TEAM) disclose in this Form 4 for James Chuong?
What were the sale prices in the Atlassian (TEAM) Form 4 transactions?
Were the Atlassian (TEAM) Form 4 sales under a Rule 10b5-1 trading plan?
What type of security did Atlassian (TEAM) report in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.