BINZ JOSEPH LEO 4
4 · Atlassian Corp · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Atlassian (TEAM) CFO Joseph Binz Sells Shares
What Happened
- Joseph Binz, Chief Financial Officer of Atlassian (TEAM), sold a total of 1,653 shares in open-market transactions on Feb 19, 2026 for aggregate proceeds of about $134,470.
- The sales were reported as four transactions: 204 shares @ $82.60 ($16,851); 711 shares @ $81.63 ($58,042); 40 shares @ $83.55 ($3,342); and 698 shares @ $80.57 ($56,235). These sales were executed in multiple trades during the day (see price ranges below).
Key Details
- Transaction date: 2026-02-19; Form 4 filed 2026-02-20 (timely).
- Total shares sold: 1,653; total proceeds ≈ $134,470.
- Reported per-trade price ranges (multiple executions):
- 204-share block: $82.22–$83.21
- 711-share block: $81.22–$82.21
- 40-share block: $83.22–$83.93
- 698-share block: $80.22–$81.21
- Footnote: The sales were "sell-to-cover" transactions to satisfy tax withholding obligations on RSU vesting (i.e., routine tax-related sales, not necessarily discretionary). The filer also offers to provide detailed trade-level prices on request.
- Shares owned after the transactions: not specified in the provided filing.
Context
- These were tax-withholding sell-to-cover transactions tied to RSU settlement (footnote); such sales are common when restricted stock units vest and generally do not by themselves indicate the insider’s market view.
- No purchase or option-exercise activity was reported in this filing.
Insider Transaction Report
Form 4
Atlassian CorpTEAM
BINZ JOSEPH LEO
Chief Financial Officer
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-02-19$82.60/sh−204$16,851→ 210,088 total - Sale
Class A Common Stock
[F1][F3]2026-02-19$81.63/sh−711$58,042→ 209,377 total - Sale
Class A Common Stock
[F1][F4]2026-02-19$83.55/sh−40$3,342→ 209,337 total - Sale
Class A Common Stock
[F1][F5]2026-02-19$80.57/sh−698$56,235→ 208,639 total
Footnotes (5)
- [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 $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.
- [F3]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.
- [F4]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.
- [F5]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.
Signature
/s/ Veena Bhatia, Attorney-in-Fact for BINZ JOSEPH LEO|2026-02-20