SABHARWAL ANIL 4
Research Summary
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Atlassian (TEAM) Director Anil Sabharwal Receives 2,118 RSUs
What Happened Anil Sabharwal, a director of Atlassian Corporation (TEAM), received an award of 2,118 restricted stock units (RSUs) on 2026-02-02. The Form 4 reports the acquisition code "A" (award/grant) at an acquisition price of $0.00 (total $0). These RSUs represent contingent rights to receive one share of Atlassian Class A common stock per unit upon vesting.
Key Details
- Transaction date: 2026-02-02; Filing date: 2026-02-03 (timely filing).
- Reported transaction: 2,118 RSUs granted, acquisition price $0.00 (A = award/grant).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: RSUs granted under Atlassian’s Amended and Restated 2015 Share Incentive Plan; each RSU converts to one share upon vesting and will vest according to the award’s terms.
- No indication in this filing of 10b5-1 plans, tax-withholding share transfers, or immediate sale of underlying shares.
Context RSU grants are a common form of executive/director compensation and do not represent an immediate open‑market purchase or sale. The economic value to the insider depends on Atlassian’s stock price when (and if) the RSUs vest; until vesting, the units are contingent and generally non-transferable. Investors watch grants for insight into compensation practices and potential future share issuance, but a grant alone is not a direct bullish or bearish signal.