Form 4: Atlassian Corp Chief Revenue Officer Brian Duffy Sells Shares to Cover Tax Obligations

Brian Duffy, Chief Revenue Officer of Atlassian Corp, sold shares of Class A Common Stock on May 19, 2025, to cover tax withholding obligations related to the vesting and settlement of RSUs.

Summary

• On May 19, 2025, Brian Duffy, the Chief Revenue Officer of Atlassian Corp, sold shares of Class A Common Stock.
• The sales were executed in multiple transactions at varying prices.
• A total of 187 shares were sold at an average price of $216.021.
• Another 707 shares were sold at an average price of $215.2497.
• Additionally, 1,065 shares were sold at an average price of $214.4164.
• These sales were conducted to cover tax withholding obligations associated with the vesting and settlement of Restricted Stock Units (RSUs).
• Following these transactions, Duffy directly owns 75,612 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock sales to cover tax obligations. It doesn't indicate any significant positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence, often related to compensation and tax planning. The disclosure provides transparency into executive transactions, allowing investors to monitor insider activity.

Stakeholder Impact

• The stock sales may have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares sold.

Key Dates

Keywords

Atlassian, Brian Duffy, stock sale, Form 4, tax obligations, RSUs, TEAM, Chief Revenue Officer