Atlassian (TEAM) CEO sales on 11/06/2025; 283,605 shares remain
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.
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
| 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 |
Footnotes (7)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 20, 2025.
- F2. 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.
- 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 $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.
- F5. 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.
- F6. 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.
- F7. 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.
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What did Atlassian (TEAM) disclose in this Form 4?
Was the sale made under a 10b5‑1 trading plan?
What is the transaction code for these trades?
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