Atlassian co-CEOs Farquhar and Cannon-Brookes adopt new 10b5-1 plans to sell up to 2.08M shares each

Atlassian Corp

Co-founders and co-CEOs each adopted new 10b5-1 trading plans in February 2023.
Each plans to sell up to ~2.08M Class B shares (converting to Class A) starting after June 2023 expiration of current plans.
They currently hold ~105.12M Class B shares, representing 40.92% of total stock and 87.35% voting power.
After planned sales, combined ownership would drop to 39.27% of stock and 86.61% voting power (101.25M Class B shares).
Plans are for asset diversification and liquidity; sales spread over one year to reduce market impact.

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