Atlassian CRO Brian Duffy Sells 1,986 Shares for Tax Withholding

Brian Duffy, Chief Revenue Officer of Atlassian Corporation (TEAM), filed a Form 4 disclosing the sale of 1,986 shares of Class A Common Stock on May 19, 2026. The transactions were executed at prices ranging from $85.88 to $94.33 per share, generating total proceeds of approximately $180,000. According to the filing, these sales were conducted to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units (RSUs). The sales represent a "sell to cover" transaction required to satisfy tax obligations and do not constitute discretionary trading by the officer. Following these transactions, Duffy's direct holdings in Atlassian decreased to 236,841 shares. The filing is a routine disclosure of mandatory tax-related sales rather than voluntary stock disposition.