---
title: Atlassian Co-Founders Mirror $11.9M January Sell Plan as Career TEAM Sales Hit $2.53B
type: news
slug: atlassian-co-founders-identical-selling-programs-2-53-billion-career-sales-2026
canonical_url: https://13finsight.com/news/atlassian-co-founders-identical-selling-programs-2-53-billion-career-sales-2026
published_at: 2026-03-01T01:57:22.274Z
updated_at: 2026-03-01T01:58:00.868Z
author: Alex Rivera
author_title: Breaking News Editor
author_url: https://13finsight.com/authors/alex-rivera
word_count: 370
locale: en
source: 13F Insight
---

# Atlassian Co-Founders Mirror $11.9M January Sell Plan as Career TEAM Sales Hit $2.53B

> Scott Farquhar and Mike Cannon-Brookes executed perfectly matched January 2026 sales in TEAM: 7,665 shares on each of the same six trading days, totaling ~$11.9M combined.

Two Atlassian co-founders just delivered one of the cleanest mirror-image insider patterns on record. In January 2026, Scott Farquhar and Mike Cannon-Brookes each sold exactly 7,665 shares of Atlassian (TEAM) on the same six trading days, for roughly $11.9M combined. The pattern is not random noise. It is a textbook coordinated 10b5-1 cadence: same issuer, same dates, same share count, same remaining share balance after the final January sale. The mirror pattern: same days, same share count Both co-founders sold on Jan 14, Jan 20, Jan 22, Jan 23, Jan 27, and Jan 28. Each transaction day shows 7,665 shares per insider, and each ended Jan 28 with exactly 329,595 shares remaining. Date Farquhar Shares Cannon-Brookes Shares Avg Price Combined Value Jan 14, 2026 7,665 7,665 ~$133.50 ~$2.04M Jan 20, 2026 7,665 7,665 $118.19 ~$1.81M Jan 22, 2026 7,665 7,665 ~$126.15 ~$1.93M Jan 23, 2026 7,665 7,665 ~$130.80 ~$2.00M Jan 27, 2026 7,665 7,665 ~$133.80 ~$2.05M Jan 28, 2026 7,665 7,665 ~$135.80 ~$2.08M January totals: 45,990 shares and ~$5.97M each; combined 91,980 shares and ~$11.9M. Career totals are nearly perfectly matched Scott Farquhar: 5,387 transactions, $1,266,223,068 in total sells, $0 buys. Mike Cannon-Brookes: 5,379 transactions, $1,264,222,176 in total sells, $0 buys. Combined career selling: roughly $2.53 billion in TEAM stock. Combined Form 4 transaction count: 10,766. The signal now is not just headline dollar size. It is the ongoing synchronization: both are down to exactly 329,595 shares each, still worth roughly $44.7M apiece at about $135/share. Why this matters for TEAM holders Coordinated insider selling does not automatically mean a bearish fundamental call; 10b5-1 plans are often pre-scheduled for diversification and tax planning. But when two co-founders execute a perfect mirror cadence, investors get unusually high visibility into supply timing. For TEAM shareholders, the practical takeaway is cadence risk versus narrative risk: if this rhythm continues, the market may treat future sales as expected flow rather than surprise events. What to watch Whether the 7,665-share cadence persists in upcoming Form 4 filings. Any amendments or new plan disclosures that change timing or lot size. Whether remaining balances continue to move in lockstep from the current 329,595 level. How TEAM price reacts around recurring insider-sale windows versus broader software sector moves.

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Source: 13F Insight — https://13finsight.com/news/atlassian-co-founders-identical-selling-programs-2-53-billion-career-sales-2026
Author: Alex Rivera — https://13finsight.com/authors/alex-rivera
Last updated: 2026-03-01T01:58:00.868Z