Atlassian (TEAM) CRO Brian Duffy Sells Shares

What Happened
Brian Duffy, Chief Revenue Officer of Atlassian (TEAM), disposed of 1,851 shares in multiple open-market sales on August 19, 2026, generating aggregate proceeds of approximately $319,203. Individual lots reported in the Form 4 ranged from 5 to 438 shares at per-share prices reported between $162.05 and $175.76; several entries note executions in multiple trades at narrower intraday price ranges.

Key Details

• Transaction date: August 19, 2026; Form 4 filed August 20, 2026 (appears timely).
• Total shares sold: 1,851; total proceeds: ~$319,203.
• Reported per-lot prices (examples): $162.05, $165.08, $165.96, $167.15, $167.99, $169.09, $171.31, $172.01, $173.14, $174.02, $175.10, $175.76. Footnotes indicate many lots were executed in multiple trades with intraday ranges (examples across filings ~$164.55–$176.10).
• Footnote F1: the sale(s) were to cover tax withholding obligations related to RSU vesting ("sell to cover") and therefore were to satisfy tax obligations rather than a discretionary cash-sale decision. Other footnotes (F2–F13) provide granular intraday price ranges and note availability of detailed trade information upon request.
• Shares owned after the transactions: not specified in the provided data.

Context
These transactions are reported as sales and, per the filing, were sell-to-cover transactions for RSU tax withholding (transaction type often coded as a sale to satisfy taxes). Such sales are common following equity vesting and do not necessarily indicate an executive's change in view of the company.