Trade Summary
5 days ago, Cannon-Brookes Michael, serving as CEO, Co-Founder, 10% owner at Atlassian Corp (TEAM), sold 7,665 shares at $162.53 per share, for a total transaction value of $1,245,820.00. Following this transaction, Cannon-Brookes Michael now holds 22,995 shares of TEAM.
This sale represents a 25.00% decrease in Cannon-Brookes Michael's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Friday, December 26, 2025 and publicly disclosed via SEC Form 4 filing on Monday, December 29, 2025, 3 days after the trade was made.
Atlassian Corp operates in the TECHNOLOGY sector, specifically within the SOFTWARE - APPLICATION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.