DUFFY BRIAN 4
4 · Atlassian Corp · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Atlassian (TEAM) CRO Brian Duffy Sells Shares
What Happened
- Brian Duffy, Chief Revenue Officer of Atlassian (TEAM), sold a total of 1,222 shares on 2026-02-19 in open-market transactions. The four reported lots were:
- 151 shares at $82.60 each — $12,473
- 525 shares at $81.63 each — $42,858
- 30 shares at $83.55 each — $2,507
- 516 shares at $80.57 each — $41,572
- Total proceeds across these disposals: $99,410. These sales were reported as sell-to-cover transactions to satisfy tax withholding on RSU vesting and are not described as discretionary sales by the reporting person.
Key Details
- Transaction date: 2026-02-19; Form 4 filed 2026-02-20 (appears timely).
- Price ranges by lot (transactions executed in multiple trades):
- 151-share lot: $82.22–$83.21
- 525-share lot: $81.22–$82.21
- 30-share lot: $83.22–$83.93
- 516-share lot: $80.22–$81.21
- Shares owned after transaction: not stated in the supplied filing data.
- Notable footnote: the filing indicates these were sell-to-cover transactions to satisfy tax withholding related to RSU settlement and "do not represent a discretionary transaction" (tax withholding code/footnote).
Context
- Sell-to-cover transactions are commonly used to meet tax obligations when restricted stock units vest; they do not necessarily indicate a view on the company’s stock price. Sales are coded as S (Sale); tax-withholding treatment is noted (F1).
- For retail investors, purchases are often more informative about insider sentiment. This filing documents routine tax-related disposals rather than a new investment or option exercise.
Insider Transaction Report
Form 4
Atlassian CorpTEAM
DUFFY BRIAN
Chief Revenue Officer
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-02-19$82.60/sh−151$12,473→ 125,403 total - Sale
Class A Common Stock
[F1][F3]2026-02-19$81.63/sh−525$42,858→ 124,878 total - Sale
Class A Common Stock
[F1][F4]2026-02-19$83.55/sh−30$2,507→ 124,848 total - Sale
Class A Common Stock
[F1][F5]2026-02-19$80.57/sh−516$41,572→ 124,332 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 DUFFY BRIAN|2026-02-20