LIU GENE 4
4 · Atlassian Corp · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Atlassian (TEAM) Chief Accounting Officer Gene Liu Sells 66 Shares
What Happened Gene Liu, Chief Accounting Officer of Atlassian Corp (TEAM), disposed of a total of 66 shares on 2026-02-19 in a series of open-market sales, generating approximately $5,370 in proceeds. Reported trades: 28 shares at $80.57 ($2,256), 8 shares at $82.60 ($661), 28 shares at $81.63 ($2,286) and 2 shares at $83.55 ($167). These sales were sell-to-cover transactions to satisfy tax withholding on vested RSUs, not discretionary cash sales.
Key Details
- Transaction date: 2026-02-19; Form filed: 2026-02-20 (timely filing).
- Trade breakdown and reported proceeds: 28 @ $80.57 ($2,256); 8 @ $82.60 ($661); 28 @ $81.63 ($2,286); 2 @ $83.55 ($167). Total ~66 shares, ~$5,370.
- Footnotes: F1 indicates sales were to cover tax withholding for RSU vesting (sell-to-cover). F2–F5 note each reported trade was executed in multiple trades during the day with price ranges of $80.22–$81.21 (F2), $81.22–$82.21 (F4), $82.22–$83.21 (F3), and $83.22–$83.93 (F5); the reporting person will provide full trade details on request. F6 notes some shares are held by spouse.
- Shares owned after transaction: not specified in the provided excerpt; consult the full Form 4 for current holdings.
- Transaction code: S = Sale; this was a tax-withholding (routine) disposition, not a purchase.
Context Sell-to-cover transactions are common when RSUs vest and do not necessarily indicate a view on the company's prospects; they simply satisfy tax withholding. The dollar amount here is modest (~$5.4K) and routine. For signals about insider confidence, look for larger discretionary purchases or repeated pattern changes in holdings.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-02-19$80.57/sh−28$2,256→ 60,392 total - Sale
Class A Common Stock
[F1][F3]2026-02-19$82.60/sh−8$661→ 60,384 total - Sale
Class A Common Stock
[F1][F4]2026-02-19$81.63/sh−28$2,286→ 60,356 total - Sale
Class A Common Stock
[F1][F5]2026-02-19$83.55/sh−2$167→ 60,354 total
- 120(indirect: See Footnote)
Class A Common Stock
[F6]
Footnotes (6)
- [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 $80.22 to $81.21. 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 $82.22 to $83.21. 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 $81.22 to $82.21. 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 $83.22 to $83.93. 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]Shares are held by spouse.