Form 4: Atlassian President Anutthera Bharadwaj Sells 1,520 Shares of Class A Common Stock

Atlassian's President, Anutthera Bharadwaj, executed a sale of 1,520 shares of Class A Common Stock at a price of $312.58 per share on February 14, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On February 14, 2025, Anutthera Bharadwaj, President of Atlassian Corp, sold 1,520 shares of Class A Common Stock.
• The sale was executed at a price of $312.58 per share.
• Following the transaction, Bharadwaj directly owns 201,657 shares of Atlassian's Class A Common Stock.
• The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on November 20, 2023.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sale was conducted under a pre-arranged trading plan, suggesting no cause for alarm or excitement.

Industry Context

Sales by company presidents are a normal part of corporate governance. The fact that this sale was executed under a pre-arranged 10b5-1 trading plan suggests it was planned well in advance and not based on any immediate inside information.

Stakeholder Impact

• The sale of shares by a company president could have a minor psychological impact on shareholders, but the pre-arranged nature of the sale mitigates any significant concern.

Key Dates

Keywords

Atlassian, Anutthera Bharadwaj, Class A Common Stock, Sale of Shares, Form 4, Rule 10b5-1 Trading Plan, Insider Trading