Atlassian CEO 10b5-1 sales at $153.8017–$159.55; 283,605 left
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian (TEAM) CEO and Co‑Founder Michael Cannon‑Brookes reported open‑market sales of Class A common stock on 11/06/2025 under a Rule 10b5‑1 trading plan adopted on February 20, 2025. Across multiple trades, he sold 7,665 shares at weighted‑average prices reported per tranche, including $156.8981, $157.6577, $154.7853, $155.9429, $153.8017, and two individual trades at $158.48 and $159.55 (Transaction Code: S). Following these transactions, 283,605 shares were beneficially owned indirectly through CBC Co Pty Limited as trustee for the Cannon‑Brookes Head Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares ($1,194,831)
Net Sell
7 txns
Insider
Cannon-Brookes Michael
Role
CEO, Co-Founder
Sold
7,665 shs ($1.19M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,612 | $156.8981 | $253K |
| Sale | Class A Common Stock | 1,428 | $157.6577 | $225K |
| Sale | Class A Common Stock | 1,251 | $154.7853 | $194K |
| Sale | Class A Common Stock | 1,724 | $155.9429 | $269K |
| Sale | Class A Common Stock | 1,550 | $153.8017 | $238K |
| Sale | Class A Common Stock | 50 | $158.48 | $8K |
| Sale | Class A Common Stock | 50 | $159.55 | $8K |
Holdings After Transaction:
Class A Common Stock — 289,658 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 $156.40 to $157.39. 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 $157.41 to $158.38. 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 $154.33 to $155.29. 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 $155.34 to $156.30. 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 $153.30 to $154.26. 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
What did Atlassian (TEAM) disclose in this Form 4?
Michael Cannon‑Brookes reported sales of Class A common stock on 11/06/2025 under a Rule 10b5‑1 plan.
Was the sale made under a 10b5‑1 trading plan?
Yes. The filing states the transactions were effected under a Rule 10b5‑1 plan adopted on February 20, 2025.
What is the transaction code for these trades?
The trades are coded S, indicating open‑market or private sales.