[Form 4] Atlassian Corporation Insider Trading Activity
Rhea-AI Filing Summary
Atlassian insider BHARADWAJ ANUTTHARA sold 1,682 shares of Class A common stock on 08/19/2025 through multiple transactions executed during the day at prices ranging across five reported bands from about $165.24 to $170.01. The filings state these sales were executed to satisfy tax-withholding obligations arising from the vesting and settlement of restricted stock units (RSUs) and were not discretionary trades. After the transactions the reporting person beneficially owned 181,119 Class A shares (direct ownership). The Form 4 was signed by an attorney-in-fact on 08/20/2025.
Positive
- Clear disclosure that the sales were executed to satisfy tax-withholding obligations from RSU vesting
- Transaction details provided including aggregate share counts and price ranges, with an undertaking to provide trade-level data on request
- Form 4 signed by attorney-in-fact, indicating formal execution and filing
Negative
- Reduction in insider holdings: a total of 1,682 Class A shares were sold on 08/19/2025
- No prior holdings level provided on the form to show change in ownership percentage
Insights
TL;DR: Insider executed a routine sell-to-cover of RSUs totaling 1,682 shares; not presented as a discretionary sale.
The Form 4 discloses multiple market trades on 08/19/2025 to cover tax obligations from RSU vesting. The filer reports exact share counts per trade and price ranges for each grouped sale, and affirms availability of trade-level details upon request. As a routine administrative transaction tied to compensation settlement, this filing has limited informational content regarding management's view of company prospects.
TL;DR: Disclosure appears complete for a non-discretionary sell-to-cover; filing meets Section 16 transparency expectations.
The Form 4 identifies the reporting person, relationship to the issuer (officer), transaction date, and provides explanatory remarks that the sales were to fund tax withholding. The signature by an attorney-in-fact is included. The disclosure of price ranges and an offer to provide trade-level detail on request supports compliance and transparency for shareholders and regulators.