---
title: Atlassian Co-Founders Have Now Sold $2.53 Billion in TEAM Stock — $7M More in Latest Round
type: news
slug: atlassian-co-founders-2-5-billion-career-insider-sales-team-feb-2026
canonical_url: https://13finsight.com/news/atlassian-co-founders-2-5-billion-career-insider-sales-team-feb-2026
published_at: 2026-02-28T20:58:07.036Z
updated_at: 2026-02-28T20:58:08.587Z
author: Alex Rivera
author_title: Breaking News Editor
author_url: https://13finsight.com/authors/alex-rivera
word_count: 420
locale: en
source: 13F Insight
---

# Atlassian Co-Founders Have Now Sold $2.53 Billion in TEAM Stock — $7M More in Latest Round

> Atlassian co-founders Mike Cannon-Brookes ($1.26B career) and Scott Farquhar ($1.27B career) sold another $7.05M in TEAM stock, continuing the largest insider selling program in Australian tech history.

Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar have sold another $7.05 million in TEAM stock, pushing their combined career insider sales past $2.53 billion. Yes, billion — with a B. Each co-founder has now sold approximately $1.27 billion in Atlassian stock, making them two of the most prolific insider sellers in global tech history. The Numbers Co-Founder Title Recent Transactions Recent Value Career Sales Shares After Scott Farquhar Co-Founder 20 $3.31M $1,266.2M 329,595 Mike Cannon-Brookes CEO, Co-Founder 20 $3.74M $1,264.2M 329,595 Total $7.05M $2,530.4M $2.53 Billion: The Scale of It Let the numbers sink in: $2.53 billion sold between two people $1.27 billion each — perfectly symmetrical, reflecting their equal founding stakes 329,595 shares each retained — identical remaining positions (~$95M each at current prices) Selling ratio: ~13:1 — they've sold roughly 13x the value of their current positions Atlassian, which makes Jira, Confluence, Trello, and other productivity tools used by most software teams worldwide, has a market cap of approximately $83 billion. The co-founders have collectively monetized about 3% of the company's current value through insider sales alone. The Symmetry Like Oklo's co-founders and Samsara's co-founders, Cannon-Brookes and Farquhar maintain perfect parity: Both sold 20 transactions in this round Both retain exactly 329,595 shares Career totals within $2M of each other: $1,266.2M vs $1,264.2M This is clearly a jointly structured selling program maintained over years — the co-founders ensure neither dilutes more than the other. A $7M Round in a $2.53B Journey The latest $7.05M round is unremarkable on its own — a rounding error against their $2.53B cumulative total. But it demonstrates the machine-like consistency of their selling. Every quarter, more TEAM stock converts to cash. The rate varies, but the direction never does: always selling, never buying. From Sydney to $2.5 Billion Cannon-Brookes and Farquhar founded Atlassian in Sydney in 2002 with $10,000 on a credit card. The company bootstrapped to profitability before eventually listing on NASDAQ in 2015. Since then, the co-founders have turned their founding equity into $2.53 billion in realized cash — one of the most successful founder monetization stories in Australian corporate history. For TEAM investors, the co-founders' selling is baked into the stock's long-term narrative. It hasn't prevented Atlassian from growing into an $83 billion company. But at $1.27 billion each in career sales and only $95 million retained, the founders' economic interest is a fraction of what they've already taken off the table. The story of Atlassian increasingly belongs to its customers and shareholders — not its founders' personal balance sheets.

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Source: 13F Insight — https://13finsight.com/news/atlassian-co-founders-2-5-billion-career-insider-sales-team-feb-2026
Author: Alex Rivera — https://13finsight.com/authors/alex-rivera
Last updated: 2026-02-28T20:58:08.587Z