[Form 4] Atlassian Corporation Insider Trading Activity
Michael Cannon-Brookes, Atlassian Corp (TEAM) director, CEO and 10% owner, reported insider sales executed under a Rule 10b5-1 trading plan on 09/08/2025. The reporting shows three sell transactions totaling 7,665 shares at weighted-average prices of $170.386, $171.2306, and $172.16, carried out in multiple trades during the day. After the reported sales the filing lists 122,640 shares beneficially owned by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust, an indirect holding. The filing states the 10b5-1 plan was adopted on February 20, 2025, and the reporting person agrees to provide transaction-level details on request.
Michael Cannon-Brookes, amministratore, CEO e titolare del 10% di Atlassian Corp (TEAM), ha comunicato vendite insider eseguite in base a un piano di negoziazione Rule 10b5-1 il 09/08/2025. La segnalazione indica tre operazioni di vendita per un totale di 7.665 azioni a prezzi medi ponderati di $170.386, $171.2306 e $172.16, effettuate in pi霉 trade durante la giornata. Dopo le vendite riportate, il deposito elenca 122.640 azioni possedute in via beneficiaria da CBC Co Pty Limited in qualit脿 di trustee per il Cannon-Brookes Head Trust, una partecipazione indiretta. Il modulo dichiara che il piano 10b5-1 猫 stato adottato il 20 febbraio 2025 e che la persona che effettua la segnalazione si rende disponibile a fornire i dettagli delle singole transazioni su richiesta.
Michael Cannon-Brookes, director, CEO y propietario del 10% de Atlassian Corp (TEAM), inform贸 ventas de insider ejecutadas bajo un plan de negociaci贸n Rule 10b5-1 el 09/08/2025. La presentaci贸n muestra tres operaciones de venta por un total de 7.665 acciones a precios promedio ponderados de $170.386, $171.2306 y $172.16, realizadas en m煤ltiples transacciones a lo largo del d铆a. Tras las ventas reportadas, el informe lista 122.640 acciones en propiedad beneficiaria de CBC Co Pty Limited como fiduciaria del Cannon-Brookes Head Trust, una tenencia indirecta. El reporte afirma que el plan 10b5-1 fue adoptado el 20 de febrero de 2025 y que la persona informante se compromete a facilitar detalles por transacci贸n si se solicitan.
Michael Cannon-Brookes電� Atlassian Corp (TEAM)鞚� 鞚挫偓, CEO鞚挫瀽 10% 歆�攵� 氤挫湢鞛愲靹� 2025-08-09鞐� Rule 10b5-1 瓯半灅 瓿勴殟鞐� 霐半澕 雮措秬鞛� 毵る弰 靷嫟鞚� 氤搓碃頄堨姷雼堧嫟. 鞁犼碃靹滌棎 霐半ゴ氅� 齑� 7,665欤�鞐� 雽�頃� 靹� 瓯挫潣 毵る弰 瓯半灅臧� 臧�欷戫弶攴犼皜瓴� $170.386, $171.2306, $172.16搿� 雼轨澕 鞐煬 彀 觳搓舶霅橃棃鞀惦媹雼�. 氤搓碃霅� 毵る弰 頉� 鞝滌稖 靹滊鞐愲姅 CBC Co Pty Limited臧� 靾橅儊鞚胳溂搿滌劀 Cannon-Brookes Head Trust 氇呾潣搿� 122,640欤�毳� 靷嫟靸� 氤挫湢頃橁碃 鞛堧姅 瓴冹溂搿� 旮办灛霅橃柎 鞛堨溂氅�, 鞚措姅 臧勳爲 氤挫湢鞛呺媹雼�. 靹滊鞐愲姅 頃措嫻 10b5-1 瓿勴殟鞚� 2025雲� 2鞗� 20鞚�鞐� 毂勴儩霅橃棃瓿�, 鞁犼碃鞚胳潃 鞖旍箔 鞁� 臧滊硠 瓯半灅 雮挫棴鞚� 鞝滉车頃橁矤雼り碃 霃欖潣頄堧嫟瓿� 氇呾嫓霅橃柎 鞛堨姷雼堧嫟.
Michael Cannon-Brookes, administrateur, PDG et d茅tenteur de 10 % d'Atlassian Corp (TEAM), a d茅clar茅 des ventes d'initi茅s ex茅cut茅es dans le cadre d'un plan de n茅gociation Rule 10b5-1 le 09/08/2025. Le d茅p么t fait 茅tat de trois op茅rations de vente totalisant 7 665 actions 脿 des prix moyens pond茅r茅s de $170.386, $171.2306 et $172.16, r茅alis茅es au cours de la journ茅e en plusieurs transactions. Apr猫s les ventes signal茅es, le dossier indique que 122 640 actions sont d茅tenues 脿 titre b茅n茅ficiaire par CBC Co Pty Limited en tant que fiduciaire du Cannon-Brookes Head Trust, une d茅tention indirecte. Le document pr茅cise que le plan 10b5-1 a 茅t茅 adopt茅 le 20 f茅vrier 2025 et que la personne d茅clarante accepte de fournir, sur demande, les d茅tails transactionnels.
Michael Cannon-Brookes, Direktor, CEO und 10%-Anteilseigner von Atlassian Corp (TEAM), meldete Insiderverk盲ufe, die am 09.08.2025 gem盲脽 einem Rule-10b5-1-Handelsplan ausgef眉hrt wurden. Die Meldung weist drei Verkaufstransaktionen mit insgesamt 7.665 Aktien zu gewichteten Durchschnittspreisen von $170.386, $171.2306 und $172.16 aus, die im Laufe des Tages in mehreren Trades get盲tigt wurden. Nach den gemeldeten Verk盲ufen listet die Einreichung 122.640 Aktien, die CBC Co Pty Limited als Treuh盲nder f眉r den Cannon-Brookes Head Trust wirtschaftlich besitzt, als indirekte Beteiligung. Die Einreichung besagt, dass der 10b5-1-Plan am 20. Februar 2025 angenommen wurde und die meldende Person auf Anfrage Transaktionsdetails auf Anfrage bereitstellt.
- Sales executed under a Rule 10b5-1 plan, indicating pre-scheduled, non-discretionary trading
- Disclosure of trustee and indirect ownership (CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust) adds transparency
- Weighted-average prices and price ranges provided, and the filer offers transaction-level details on request
- Insider sold 7,665 Class A shares, reducing reported indirect holdings to 122,640 shares
- Multiple intraday trades were used, which may be perceived as greater execution activity than a single block sale
Insights
TL;DR: Routine insider disposal under a 10b5-1 plan, disclosed with trustee-held shares; not an immediate governance red flag.
The Form 4 documents scheduled sales by a senior insider using a pre-established Rule 10b5-1 plan, which provides an affirmative defense against allegations of trading on material nonpublic information. Sales were executed across multiple intraday trades and the filer identifies the indirect holding vehicle (CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust), which supports transparency around beneficial ownership structure. From a governance perspective, the filing shows compliance with disclosure rules and willingness to provide detailed execution data on request. This is consistent with orderly liquidity rather than an undisclosed governance event.
TL;DR: Insider sold 7,665 TEAM shares via a 10b5-1 plan at ~ $170鈥�$172; disclosure is detailed but reduces indirect holdings.
The transactions total 7,665 Class A shares sold in three tranches with reported weighted-average prices of $170.386, $171.2306, and $172.16. The filing explicitly states the sales occurred pursuant to a 10b5-1 plan adopted on February 20, 2025, and that execution occurred in multiple trades with price ranges provided. After the disposals the indirect beneficial ownership reported is 122,640 shares held through a trustee. For investors, the filing is a clear, routine liquidity event by a high-level insider rather than an operational disclosure; the substantive elements (plan adoption date, execution details, trustee ownership) improve interpretability of the sales.
Michael Cannon-Brookes, amministratore, CEO e titolare del 10% di Atlassian Corp (TEAM), ha comunicato vendite insider eseguite in base a un piano di negoziazione Rule 10b5-1 il 09/08/2025. La segnalazione indica tre operazioni di vendita per un totale di 7.665 azioni a prezzi medi ponderati di $170.386, $171.2306 e $172.16, effettuate in pi霉 trade durante la giornata. Dopo le vendite riportate, il deposito elenca 122.640 azioni possedute in via beneficiaria da CBC Co Pty Limited in qualit脿 di trustee per il Cannon-Brookes Head Trust, una partecipazione indiretta. Il modulo dichiara che il piano 10b5-1 猫 stato adottato il 20 febbraio 2025 e che la persona che effettua la segnalazione si rende disponibile a fornire i dettagli delle singole transazioni su richiesta.
Michael Cannon-Brookes, director, CEO y propietario del 10% de Atlassian Corp (TEAM), inform贸 ventas de insider ejecutadas bajo un plan de negociaci贸n Rule 10b5-1 el 09/08/2025. La presentaci贸n muestra tres operaciones de venta por un total de 7.665 acciones a precios promedio ponderados de $170.386, $171.2306 y $172.16, realizadas en m煤ltiples transacciones a lo largo del d铆a. Tras las ventas reportadas, el informe lista 122.640 acciones en propiedad beneficiaria de CBC Co Pty Limited como fiduciaria del Cannon-Brookes Head Trust, una tenencia indirecta. El reporte afirma que el plan 10b5-1 fue adoptado el 20 de febrero de 2025 y que la persona informante se compromete a facilitar detalles por transacci贸n si se solicitan.
Michael Cannon-Brookes電� Atlassian Corp (TEAM)鞚� 鞚挫偓, CEO鞚挫瀽 10% 歆�攵� 氤挫湢鞛愲靹� 2025-08-09鞐� Rule 10b5-1 瓯半灅 瓿勴殟鞐� 霐半澕 雮措秬鞛� 毵る弰 靷嫟鞚� 氤搓碃頄堨姷雼堧嫟. 鞁犼碃靹滌棎 霐半ゴ氅� 齑� 7,665欤�鞐� 雽�頃� 靹� 瓯挫潣 毵る弰 瓯半灅臧� 臧�欷戫弶攴犼皜瓴� $170.386, $171.2306, $172.16搿� 雼轨澕 鞐煬 彀 觳搓舶霅橃棃鞀惦媹雼�. 氤搓碃霅� 毵る弰 頉� 鞝滌稖 靹滊鞐愲姅 CBC Co Pty Limited臧� 靾橅儊鞚胳溂搿滌劀 Cannon-Brookes Head Trust 氇呾潣搿� 122,640欤�毳� 靷嫟靸� 氤挫湢頃橁碃 鞛堧姅 瓴冹溂搿� 旮办灛霅橃柎 鞛堨溂氅�, 鞚措姅 臧勳爲 氤挫湢鞛呺媹雼�. 靹滊鞐愲姅 頃措嫻 10b5-1 瓿勴殟鞚� 2025雲� 2鞗� 20鞚�鞐� 毂勴儩霅橃棃瓿�, 鞁犼碃鞚胳潃 鞖旍箔 鞁� 臧滊硠 瓯半灅 雮挫棴鞚� 鞝滉车頃橁矤雼り碃 霃欖潣頄堧嫟瓿� 氇呾嫓霅橃柎 鞛堨姷雼堧嫟.
Michael Cannon-Brookes, administrateur, PDG et d茅tenteur de 10 % d'Atlassian Corp (TEAM), a d茅clar茅 des ventes d'initi茅s ex茅cut茅es dans le cadre d'un plan de n茅gociation Rule 10b5-1 le 09/08/2025. Le d茅p么t fait 茅tat de trois op茅rations de vente totalisant 7 665 actions 脿 des prix moyens pond茅r茅s de $170.386, $171.2306 et $172.16, r茅alis茅es au cours de la journ茅e en plusieurs transactions. Apr猫s les ventes signal茅es, le dossier indique que 122 640 actions sont d茅tenues 脿 titre b茅n茅ficiaire par CBC Co Pty Limited en tant que fiduciaire du Cannon-Brookes Head Trust, une d茅tention indirecte. Le document pr茅cise que le plan 10b5-1 a 茅t茅 adopt茅 le 20 f茅vrier 2025 et que la personne d茅clarante accepte de fournir, sur demande, les d茅tails transactionnels.
Michael Cannon-Brookes, Direktor, CEO und 10%-Anteilseigner von Atlassian Corp (TEAM), meldete Insiderverk盲ufe, die am 09.08.2025 gem盲脽 einem Rule-10b5-1-Handelsplan ausgef眉hrt wurden. Die Meldung weist drei Verkaufstransaktionen mit insgesamt 7.665 Aktien zu gewichteten Durchschnittspreisen von $170.386, $171.2306 und $172.16 aus, die im Laufe des Tages in mehreren Trades get盲tigt wurden. Nach den gemeldeten Verk盲ufen listet die Einreichung 122.640 Aktien, die CBC Co Pty Limited als Treuh盲nder f眉r den Cannon-Brookes Head Trust wirtschaftlich besitzt, als indirekte Beteiligung. Die Einreichung besagt, dass der 10b5-1-Plan am 20. Februar 2025 angenommen wurde und die meldende Person auf Anfrage Transaktionsdetails auf Anfrage bereitstellt.
FAQ
What did Michael Cannon-Brookes report on Form 4 for TEAM?
Were the sales part of a pre-established trading plan?
At what prices were the TEAM shares sold?
How many TEAM shares does the filing show beneficially owned after the sales?
Who holds the shares on behalf of Cannon-Brookes?
