LIU GENE 4
4 · Atlassian Corp · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Atlassian (TEAM) Chief Accounting Officer Gene Liu Sells Shares
What Happened
- Gene Liu, Chief Accounting Officer of Atlassian Corp (TEAM), sold a total of 908 shares in open-market transactions on February 17, 2026. The trades were executed in multiple lots at prices ranging roughly from $80.42 to $86.73, generating approximately $74,274 in proceeds.
- According to the filing, these sales were "sell-to-cover" transactions to satisfy tax withholding obligations tied to the vesting/settlement of RSUs, and not described as discretionary sales by the reporting person.
Key Details
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-18 (timely).
- Shares sold: 908 shares total across multiple trades; proceeds ≈ $74,274.
- Reported price ranges across the trades: approx. $80.42–$86.73 (different lots executed at narrower ranges per the filing).
- Purpose/footnote: F1 states the sales were to satisfy tax withholding on vested RSUs (sell-to-cover). Other footnotes (F2–F8) give the intra-day price ranges for specific lots; F9 notes certain shares are held by spouse.
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
Context
- "Sell-to-cover" transactions are common when restricted stock units vest; they are generally executed to pay required taxes and do not necessarily signal the insider’s view on the company’s outlook.
- For retail investors, purchases by insiders are typically more informative of confidence than routine sales for tax purposes. This filing reports routine tax-related sales by an officer, not a purchase or option exercise.
Insider Transaction Report
Form 4
Atlassian CorpTEAM
LIU GENE
Chief Accounting Officer
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-02-17$83.78/sh−29$2,430→ 61,299 total - Sale
Class A Common Stock
[F1][F3]2026-02-17$84.82/sh−14$1,187→ 61,285 total - Sale
Class A Common Stock
[F1][F4]2026-02-17$85.83/sh−22$1,888→ 61,263 total - Sale
Class A Common Stock
[F1][F5]2026-02-17$86.64/sh−4$347→ 61,259 total - Sale
Class A Common Stock
[F1][F6]2026-02-17$80.97/sh−337$27,288→ 60,922 total - Sale
Class A Common Stock
[F1][F7]2026-02-17$81.90/sh−482$39,476→ 60,440 total - Sale
Class A Common Stock
[F1][F8]2026-02-17$82.90/sh−20$1,658→ 60,420 total
Holdings
- 120(indirect: See Footnote)
Class A Common Stock
[F9]
Footnotes (9)
- [F1]The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- [F2]This transaction was executed in multiple trades during the day at prices ranging from $83.42 to $84.41. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F3]This transaction was executed in multiple trades during the day at prices ranging from $84.42 to $85.30. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F4]This transaction was executed in multiple trades during the day at prices ranging from $85.44 to $86.43. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F5]This transaction was executed in multiple trades during the day at prices ranging from $86.57 to $86.73. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F6]This transaction was executed in multiple trades during the day at prices ranging from $80.42 to $81.41. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F7]This transaction was executed in multiple trades during the day at prices ranging from $81.42 to $82.41. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F8]This transaction was executed in multiple trades during the day at prices ranging from $82.42 to $83.41. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F9]Shares are held by spouse.
Signature
/s/ Veena Bhatia, Attorney-in-Fact for LIU GENE|2026-02-18