Atlassian Director Files Intent to Sell $86k in Stock via 10b5-1 Plan
Atlassian Corp
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Filing Summary
Atlassian Director Files Intent to Sell $86k in Stock
Company: Atlassian Corp (TEAM) Form: 144 | Filed: 2025-12-12 Significance: Low
Insider: SHONA L. BROWN Title: Director | Relationship: Director
Transaction (Proposed): • Type: Sale • Shares: 528 • Value: $86,204 • Price/Share (Approx): $163.27
Key Insight: This is a minor, pre-planned sale under a 10b5-1 plan, representing a negligible fraction (0.0002%) of the company's market cap. Such sales are typically for personal financial management or tax obligations and are not considered significant market signals.
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: Atlassian Corp (TEAM)
Executive Summary
- Trading Significance: Low
- Key Takeaway: A director has filed a notice of a proposed minor sale of stock valued at approximately $86k, executed under a pre-arranged 10b5-1 trading plan.
- Market Impact: The transaction is negligible in size relative to Atlassian's market capitalization and is not expected to have any market impact.
Company Information
| Field | Value |
|---|---|
| Company | Atlassian Corp |
| Ticker Symbol | TEAM |
| CIK | 0001650372 |
| Industry | SERVICES-PREPACKAGED SOFTWARE |
Insider Information
| Field | Value |
|---|---|
| Name | SHONA L. BROWN |
| CIK | 0001295031 |
| Title/Position | Director |
| Relationship | Director |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 144 |
| Transaction Date | 2025-12-12 (Approximate) |
| Transaction Code | S (Sale) |
| Security Type | Common Stock |
| Shares Involved | 528 |
| Price Per Share | $163.27 (Approximate) |
| Total Value | $86,203.92 |
| Shares Owned After | Not specified |
| Ownership Type | Not specified |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $86,203.92 |
| % of Market Cap | 0.0002% |
| Shares Transacted | 528 |
| % of Shares Outstanding | 0.0003% |
| Post-Transaction Ownership | Not specified |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The $86k transaction is insignificant for a company with a market capitalization of approximately $39.94 billion.
- Transaction Significance: The sale represents a minuscule fraction of both the market cap and the total shares outstanding (168,042,351 as per the filing), falling far below any threshold for moderate or high significance.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The transaction is immaterial in value. Furthermore, it was conducted under a 10b5-1 plan adopted on March 5, 2025, indicating it was pre-scheduled and not based on current inside information.
Volume & Sentiment
- Expected Volume Impact: None. The number of shares is too small to affect trading volume.
- Sentiment Indicator: Neutral. This is a routine, non-indicative insider transaction.
Additional Context
Transaction Notes
- Special Circumstances: This notice of proposed sale was filed pursuant to a Rule 10b5-1 trading plan, which automates transactions at a future date. This removes the link between the sale and any immediate insider sentiment.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.