Atlassian (NASDAQ: TEAM) CRO Brian Duffy sells 6,245 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 6,245 shares of Class A Common Stock over three days. He sold 1,813 shares at $92.79 on June 10, 1,432 shares at $88.79 on June 11, and 3,000 shares at $89.71 on June 12. These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 6, 2026. Following the last sale, he directly holds 227,691 shares of Atlassian Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 6,245 shares ($564,506)
Net Sell
3 txns
Insider
DUFFY BRIAN
Role
Chief Revenue Officer
Sold
6,245 shs ($565K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,000 | $89.71 | $269K |
| Sale | Class A Common Stock | 1,432 | $88.79 | $127K |
| Sale | Class A Common Stock | 1,813 | $92.79 | $168K |
Holdings After Transaction:
Class A Common Stock — 227,691 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Total shares sold: 6,245 shares
Sale on June 10, 2026: 1,813 shares at $92.79
Sale on June 11, 2026: 1,432 shares at $88.79
+3 more
6 metrics
Total shares sold
6,245 shares
Net open-market sales reported in Form 4
Sale on June 10, 2026
1,813 shares at $92.79
Class A Common Stock open-market sale
Sale on June 11, 2026
1,432 shares at $88.79
Class A Common Stock open-market sale
Sale on June 12, 2026
3,000 shares at $89.71
Class A Common Stock open-market sale
Shares held after transactions
227,691 shares
Direct ownership after June 12, 2026 trade
Net buy/sell direction
6,245 net sold
transactionSummary netBuySellShares
Key Terms
Class A Common Stock, open-market sale, Rule 10b5-1 trading plan, Form 4
4 terms
Class A Common Stock financial
"security_title: "Class A Common Stock" for all three transactions"
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
"transaction_action: "open-market sale" for each Form 4 entry"
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
"footnote: "transaction was effected pursuant to a Rule 10b5-1 trading plan""
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
"INSIDER FILING DATA (Form 4) heading describing the insider report"
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 selling 6,245 Atlassian Class A shares in three open-market transactions. He sold 1,813 shares at $92.79, 1,432 shares at $88.79, and 3,000 shares at $89.71, all disclosed in a recent Form 4 filing.
What type of security did Atlassian (TEAM) CRO Brian Duffy sell?
Brian Duffy sold Atlassian Class A Common Stock, described as a non-derivative security. All three transactions are coded as open-market or private sales (transaction code “S”) with direct ownership before and after the trades.