Atlassian Foundation Files Form 144 to Sell $301K in Atlassian Shares
Atlassian Corp
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Filing Summary
š Form 144 Filing: Atlassian Corp (TEAM) ⢠Seller: Atlassian Foundation Pty Ltd ATF Atlassian Foundation ⢠Relationship: Officer ⢠Proposed Sale: 1,459 Common shares (~$301,707) ⢠Approx. Sale Date: 10/12/2026 ⢠Broker: Morgan Stanley Smith Barney LLC ⢠Trading Plan: Rule 10b5-1 adopted on 03/03/2026
Comprehensive Analysis
Executive Summary
On October 13, 2026, Atlassian Foundation Pty Ltd ATF Atlassian Foundation filed a Form 144 notice disclosing the proposed sale of 1,459 Common shares of Atlassian Corp (TEAM) with an aggregate market value of $301,706.61 (approximately $206.79 per share).
Transaction Details
- Issuer: Atlassian Corp (CIK: 0001650372)
- Filer: Atlassian Foundation Pty Ltd ATF Atlassian Foundation (CIK: 0001968118)
- Relationship: Officer
- Shares to be Sold: 1,459
- Aggregate Market Value: $301,706.61
- Shares Outstanding: 159,005,198
- Broker: Morgan Stanley Smith Barney LLC
- Acquisition Source: Gift from Founders on 07/02/2010
- Trading Plan: Executed pursuant to a Rule 10b5-1 trading plan adopted on March 3, 2026
Historical Context
In the preceding three months, the foundation sold:
- 208 shares on September 15, 2026 for gross proceeds of $39,052.00
- 416 shares on August 27, 2026 for gross proceeds of $74,880.00
Market Impact & Significance
The proposed disposition represents less than 0.001% of the 159.0 million outstanding shares. Given the immaterial volume, pre-scheduled Rule 10b5-1 trading arrangement, and charitable nature of the selling entity, this filing carries Low trading significance and is unlikely to impact market 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.
