Atlassian (TEAM) CRO Brian Duffy sells 2,905 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian Corp Chief Revenue Officer Brian Duffy reported open-market sales of Atlassian Class A Common Stock. He sold 1,451 shares on June 8, 2026 at $98.03 per share and 1,454 shares on June 9, 2026 at $95.35 per share, totaling 2,905 shares sold. After these transactions, he directly holds 233,936 shares. The filing notes that the transactions were effected under a pre-arranged Rule 10b5-1 trading plan adopted on March 6, 2026, indicating they were scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,905 shares ($280,880)
Net Sell
2 txns
Insider
DUFFY BRIAN
Role
Chief Revenue Officer
Sold
2,905 shs ($281K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,454 | $95.35 | $139K |
| Sale | Class A Common Stock | 1,451 | $98.03 | $142K |
Holdings After Transaction:
Class A Common Stock — 233,936 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold June 8, 2026: 1,451 shares at $98.03
Shares sold June 9, 2026: 1,454 shares at $95.35
Total shares sold: 2,905 shares
+3 more
6 metrics
Shares sold June 8, 2026
1,451 shares at $98.03
Open-market sale of Class A Common Stock
Shares sold June 9, 2026
1,454 shares at $95.35
Open-market sale of Class A Common Stock
Total shares sold
2,905 shares
Net open-market sales across both transactions
Shares held after transactions
233,936 shares
Direct ownership after June 9, 2026 sale
Transaction code
S (sale)
Open-market or private sale of non-derivative shares
Trading plan adoption date
March 6, 2026
Rule 10b5-1 trading plan governing these sales
Key Terms
Class A Common Stock, open-market sale, Rule 10b5-1 trading plan, Form 4
4 terms
Class A Common Stock financial
"He sold 1,451 shares on June 8, 2026 at $98.03 per share of Atlassian Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"The transactions are coded as open-market sale of non-derivative Class A Common Stock."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Rule 10b5-1 trading plan regulatory
"The transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on March 6, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Form 4 regulatory
"Details of these insider transactions are reported in a Form 4 filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did Atlassian (TEAM) CRO Brian Duffy report?
Brian Duffy reported two open-market sales of Atlassian Class A Common Stock totaling 2,905 shares. He sold 1,451 shares at $98.03 on June 8, 2026 and 1,454 shares at $95.35 on June 9, 2026.