Atlassian Foundation Files Form 144 to Sell ~$511K in Atlassian Shares
Atlassian Corp
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Filing Summary
📢 Form 144 Filing: Atlassian Corp ($TEAM) • Filer: Atlassian Foundation Pty Ltd ATF Atlassian Foundation • Relationship: Officer • Proposed Sale: 2,499 Common shares • Approx. Market Value: $511,445.34 (~$204.66/share) • Approx. Sale Date: 10/15/2026 • Plan Adoption Date: 03/03/2026 (Rule 10b5-1) • Broker: Morgan Stanley Smith Barney LLC
Comprehensive Analysis
Executive Summary
On October 15, 2026, Atlassian Foundation Pty Ltd ATF Atlassian Foundation filed a Form 144 notice disclosing an intention to sell 2,499 shares of Atlassian Corp ($TEAM) common stock with an aggregate market value of approximately $511,445.34 (implied price of ~$204.66 per share).
Key Filing Details
- Issuer: Atlassian Corp (CIK: 0001650372)
- Reporting Entity: Atlassian Foundation Pty Ltd ATF Atlassian Foundation (CIK: 0001968118)
- Relationship to Issuer: Officer
- Securities to be Sold: 2,499 Common shares
- Execution Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
- Trading Plan: The proposed sale is executed pursuant to a Rule 10b5-1 trading plan adopted on March 3, 2026.
- Origin of Shares: Originally received as a gift from the founders on July 2, 2010.
Historical Transactions (Past 3 Months)
Prior sales disclosed under the 10b5-1 trading plan include:
- 10/12/2026: 1,875 shares for gross proceeds of $393,750.00
- 09/15/2026: 208 shares for gross proceeds of $39,052.00
- 08/27/2026: 416 shares for gross proceeds of $74,880.00
Market & Trading Significance
This transaction carries Low market significance. The volume of 2,499 shares represents an infinitesimal fraction of Atlassian's 159,005,198 outstanding common shares. Given that this is part of routine, scheduled philanthropic liquidations under a pre-established Rule 10b5-1 trading plan, it does not reflect discretionary sentiment or non-public operational developments.
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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.
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