secwatch.observer — SEC 8-K summary
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Issuer:     Atlassian Corp (TEAM)
CIK:        0001650372
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0001650372-24-000019
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Atlassian appoints Adobe CSO Scott Belsky to Board of Directors effective August 1, 2024
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- Board increased from 10 to 11; Belsky serves on Compensation and Leadership Development Committee.
- Belsky is Adobe's Chief Strategy Officer and EVP of Design & Emerging Products.
- Director comp: $55k annual retainer + $290k RSU award (pro-rated), vest 1 yr or next annual meeting, 100% accelerator on sale.
- Standard indemnification agreement; no related party transactions; arm's-length contracts with Adobe (Belsky no material interest).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650372/000165037224000019/0001650372-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650372/000165037224000019/team-20240723.htm
  HTML page:      https://secwatch.observer/filing/0001650372-24-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer