Atlassian (NASDAQ:TEAM) filed a Form 4 reporting that CEO, director and 10% owner Michael Cannon-Brookes sold 7,665 Class A shares on 26 Jun 2025 under a Rule 10b5-1 plan adopted 20 Feb 2025.
The five tranches were executed at weighted-average prices between $196.79 – $200.39, raising roughly $1.5 million in gross proceeds. Following the sale, Cannon-Brookes holds 15,330 Class A shares indirectly via CBC Co Pty Ltd as trustee for the Cannon-Brookes Head Trust.
- No derivative transactions, option exercises or new corporate events were disclosed.
- Cannon-Brookes remains a director, CEO and 10% owner.
The filing is limited to the insider transaction and does not include operational or financial updates.
Atlassian (NASDAQ:TEAM) filed a Form 4 disclosing that co-founder, director and 10% owner Scott Farquhar sold 7,665 Class A shares on 26 Jun 2025 pursuant to a Rule 10b5-1 plan. Sale prices ranged from $196.79–$200.39, with weighted-average figures reported for each tranche, generating proceeds of roughly $1.5 million. Following the transactions, Farquhar, through Farquhar Investment Partnership No. 2, indirectly holds 15,330 shares, down from 22,995. No derivative trades were reported.
Atlassian (NASDAQ:TEAM) filed a Form 4 revealing that Co-Founder, CEO and 10 % owner Michael Cannon-Brookes sold 7,665 Class A shares on 25 June 2025 under a pre-arranged Rule 10b5-1 trading plan. Weighted-average prices ranged from $197.39 to $204.17, generating approximately $1.53 million in gross proceeds.
After the sales, Cannon-Brookes’ indirect holdings—held via CBC Co Pty Ltd as trustee for the Cannon-Brookes Head Trust—stand at 22,995 shares; direct holdings were unchanged and no derivatives were exercised. The disclosure represents a roughly 25 % reduction in the shares reported for this trust account.
While plan-based, the transaction size exceeds the $1 million materiality threshold and may influence investor sentiment given the insider’s leadership role.
Atlassian (NASDAQ:TEAM) filed a Form 4 showing co-founder, director and 10 % owner Scott Farquhar executed seven open-market sales on 25 Jun 2025 under a Rule 10b5-1 plan.
- Shares sold: 7,665
- Price range: $197.94 – $203.71 (weighted-average prices)
- Estimated proceeds: ≈ $1.53 million
- Remaining indirect holdings: 22,995 Class A shares via Farquhar Investment Partnership No. 2
No derivative transactions or option exercises were reported, and Farquhar retains all board roles. The trade trims the partnership’s position by roughly 25 %. While executed under a preset plan, the dollar value and insider’s prominence make the sale noteworthy for investors tracking sentiment and potential supply of TEAM shares.
Atlassian (NASDAQ:TEAM) CEO, director and 10% owner Michael Cannon-Brookes disclosed six open-market sales of Class A shares on 06/24/2025 under a Rule 10b5-1 plan adopted 02/20/2025.
The insider sold 7,665 shares at weighted-average prices of $195.20–$200.70, generating roughly $1.5 million in proceeds. His indirect holdings via CBC Co Pty Ltd. fell from 37,425 to 30,660 shares, an ~18% reduction. No derivative transactions occurred.
The magnitude (>5% of holdings and >$1 million) makes the trade potentially material for investor sentiment, although execution through a pre-set 10b5-1 plan lessens timing concerns.
Atlassian (NASDAQ:TEAM) filed a Form 4 revealing that co-founder, director and 10% owner Scott Farquhar sold 7,665 Class A shares on 06/24/2025 pursuant to a Rule 10b5-1 plan adopted 02/12/2025.
Weighted-average sale prices ranged from $195.20 – $200.70, generating roughly $1.52 million in proceeds. The shares were held through Farquhar Investment Partnership No. 2; its ownership fell from 38,325 to 30,660 shares, a reduction of about 20%. No derivative transactions were reported.
The insider remains a director and 10% holder. While pre-scheduled sales mitigate timing concerns, investors often view sizable disposals as a potential sentiment signal.
Michael Cannon-Brookes, CEO, Co-Founder, Director, and 10% owner of Atlassian Corporation (TEAM), reported multiple sales of Class A Common Stock on June 23, 2025, executed through a pre-established Rule 10b5-1 trading plan from February 20, 2025.
The transactions included:
- 450 shares at $190.56 (weighted average)
- 3,800 shares at $192.75 (weighted average)
- 750 shares at $191.86 (weighted average)
- 200 shares at $188.44 (weighted average)
- 2,415 shares at $193.53 (weighted average)
- 50 shares at $194.21
Following these transactions, Cannon-Brookes indirectly owns 38,325 shares through CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust. The total disposition amounts to 7,665 shares, with prices ranging from $188.19 to $194.21 per share.
Atlassian Corporation (TEAM) director and 10% owner Scott Farquhar reported multiple sales of Class A Common Stock on June 23, 2025, executed through a pre-established Rule 10b5-1 trading plan from February 12, 2025. The transactions included:
- 450 shares at avg. price of $190.56
- 200 shares at avg. price of $188.44
- 3,799 shares at avg. price of $192.75
- 750 shares at avg. price of $191.86
- 50 shares at price of $194.21
- 2,416 shares at avg. price of $193.53
Following these transactions, Farquhar indirectly owns 38,325 shares through Farquhar Investment Partnership No. 2, representing a total reduction of 7,665 shares. All transactions were executed in multiple trades at varying prices within specific ranges, with weighted averages reported.
Atlassian Corporation (TEAM) Director and 10% owner Scott Farquhar reported multiple sales of Class A Common Stock on June 20, 2025, executed through a pre-established Rule 10b5-1 trading plan from February 12, 2025.
Key transaction details:
- Total shares sold: 7,665 shares across 8 separate transactions
- Price range: $189.28 to $198.23 per share
- Remaining indirect ownership: 45,990 shares held through Farquhar Investment Partnership No. 2
The transactions were executed at various weighted-average prices, with the largest blocks sold at $191.08 (1,451 shares) and $191.90 (1,885 shares). All shares were held indirectly through Farquhar Investment Partnership No. 2, and the sales were made pursuant to a predetermined trading plan, indicating a structured approach to portfolio management rather than a response to specific market conditions.