DUFFY BRIAN 4
4 · Atlassian Corp · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Atlassian (TEAM) CRO Brian Duffy Sells 1,986 Shares
What Happened
- Brian Duffy, Chief Revenue Officer of Atlassian (TEAM), reported multiple open‑market sales on 2026-05-19 totaling 1,986 shares for proceeds of $174,261. These were reported the next day (filed 2026-05-20).
- The trades were executed in nine reported lots (examples): 1,223 shares at $86.59 ($105,894); 220 shares at $87.17 ($19,178); 148 shares at $89.23 ($13,205); other lots ranged from 6 to 127 shares at prices between ~$86–$94.
- The filing indicates these sales were sell‑to‑cover transactions to satisfy tax withholding on vested RSUs (not discretionary market-timing sales).
Key Details
- Transaction date: 2026-05-19; filing date: 2026-05-20 (timely).
- Total sold: 1,986 shares for $174,261 (aggregate proceeds).
- Price execution: trades executed in multiple fills; price ranges reported across footnotes approximately $85.88–$94.33.
- Footnote F1: Sales were made to satisfy tax withholding on RSU vesting (sell‑to‑cover).
- Footnotes F2–F10: Several lots were executed in multiple trades during the day; the reporting person offers to provide full trade-by-trade details upon request.
- Shares owned after the transactions: not specified in the information provided on this Form 4.
Context
- These transactions are tax‑related sell‑to‑cover sales of vested RSUs (footnote F1), which are routine and do not necessarily signal a change in the insider’s view of the company. Sales coded "S" here are dispositions, not purchases or option exercises.
Insider Transaction Report
Form 4
Atlassian CorpTEAM
DUFFY BRIAN
Chief Revenue Officer
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-05-19$90.29/sh−87$7,855→ 238,740 total - Sale
Class A Common Stock
[F1][F3]2026-05-19$93.39/sh−34$3,175→ 238,706 total - Sale
Class A Common Stock
[F1][F4]2026-05-19$89.23/sh−148$13,205→ 238,558 total - Sale
Class A Common Stock
[F1][F5]2026-05-19$88.23/sh−61$5,382→ 238,497 total - Sale
Class A Common Stock
[F1][F6]2026-05-19$92.53/sh−80$7,402→ 238,417 total - Sale
Class A Common Stock
[F1][F7]2026-05-19$91.38/sh−127$11,605→ 238,290 total - Sale
Class A Common Stock
[F1][F8]2026-05-19$86.59/sh−1,223$105,894→ 237,067 total - Sale
Class A Common Stock
[F1][F9]2026-05-19$87.17/sh−220$19,178→ 236,847 total - Sale
Class A Common Stock
[F1][F10]2026-05-19$94.16/sh−6$565→ 236,841 total
Footnotes (10)
- [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.
- [F10]This transaction was executed in multiple trades during the day at prices ranging from $94.07 to $94.33. 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.
- [F2]This transaction was executed in multiple trades during the day at prices ranging from $89.88 to $90.87. 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 $92.92 to $93.89. 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 $88.88 to $89.87. 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 $87.88 to $88.87. 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 $91.90 to $92.87. 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 $90.88 to $91.84. 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 $85.88 to $86.88. 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]This transaction was executed in multiple trades during the day at prices ranging from $86.88 to $87.87. 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|2026-05-20