BINZ JOSEPH LEO 4
4 · Atlassian Corp · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Atlassian (TEAM) CFO Joseph Binz Sells 2,949 Shares
What Happened
- Joseph Leo Binz, CFO of Atlassian Corp (TEAM), reported open-market sales of 2,949 shares on 2026-02-17, generating total proceeds of approximately $241,230. The transactions were reported as sales (code S) and were executed to cover tax withholding obligations related to the vesting and settlement of restricted stock units (RSUs).
Key Details
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-18 (timely).
- Reported individual trades (grouped in the filing):
- 47 shares at $84.82 (proceeds $3,987) — executed across trades at $84.42–$85.30 (F2)
- 72 shares at $85.83 ($6,180) — executed at $85.44–$86.43 (F3)
- 12 shares at $86.64 ($1,040) — executed at $86.57–$86.73 (F4)
- 1,094 shares at $80.97 ($88,586) — executed at $80.42–$81.41 (F5)
- 1,564 shares at $81.90 ($128,091) — executed at $81.42–$82.41 (F6)
- 66 shares at $82.90 ($5,471) — executed at $82.42–$83.41 (F7)
- 94 shares at $83.78 ($7,875) — executed at $83.42–$84.41 (F8)
- Total shares sold: 2,949; total proceeds: ~$241,230.
- Footnote F1: Sales were "sell-to-cover" transactions to satisfy tax withholding from RSU vesting (not discretionary trades).
- Shares owned after the transactions: not specified in the provided filing.
Context
- These sales are routine tax-withholding transactions tied to RSU vesting (code F); they do not necessarily indicate a change in the insider's view on the company. Purchases are usually more informative about insider sentiment; this filing documents a disposal to cover taxes.
Insider Transaction Report
Form 4
Atlassian CorpTEAM
BINZ JOSEPH LEO
Chief Financial Officer
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-02-17$84.82/sh−47$3,987→ 213,194 total - Sale
Class A Common Stock
[F1][F3]2026-02-17$85.83/sh−72$6,180→ 213,122 total - Sale
Class A Common Stock
[F1][F4]2026-02-17$86.64/sh−12$1,040→ 213,110 total - Sale
Class A Common Stock
[F1][F5]2026-02-17$80.97/sh−1,094$88,586→ 212,016 total - Sale
Class A Common Stock
[F1][F6]2026-02-17$81.90/sh−1,564$128,091→ 210,452 total - Sale
Class A Common Stock
[F1][F7]2026-02-17$82.90/sh−66$5,471→ 210,386 total - Sale
Class A Common Stock
[F1][F8]2026-02-17$83.78/sh−94$7,875→ 210,292 total
Footnotes (8)
- [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 $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.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]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.
Signature
/s/ Veena Bhatia, Attorney-in-Fact for BINZ JOSEPH LEO|2026-02-18