01—Abstract
Summary
Summary of the 8-K filed February 18, 2026. Cited figures are marked; the original filing is the authoritative source.
Atlassian Corporation filed this Current Report on Form 8-K under Item 5.02 to announce the appointment of James Chuong as Chief Financial Officer, effective March 30, 2026, when he will become the company's principal financial officer.
Mr. Chuong, age 46, has served as Chief Financial Officer at LinkedIn, a subsidiary of Microsoft Corporation, since July 2021, and previously held several finance leadership roles at LinkedIn since 2013. Before LinkedIn, he was an investment banker at J.P. Morgan, Citigroup, and Bank of America Securities.
Under his Offer Letter, Mr. Chuong will receive an annual base salary of $600,000,a a target annual bonus equal to 75% of base salary, and an initial grant of restricted stock units with a target value of $22 million that vest quarterly over four years. He will also receive a one-time $2 million signing bonus, which is subject to repayment if he resigns within twelve months of starting.
He will be eligible for severance and change in control benefits under the Amended and Restated Executive Severance Plan and will enter into the company's standard indemnification agreement. The filing states there are no arrangements under which Mr. Chuong was named an executive officer and no related party transactions requiring disclosure under Item 404(a) of Regulation S-K.
02—Key points
Key Highlights
- James Chuong named Chief Financial Officer effective March 30, 2026, becoming principal financial officer on that date
- Mr. Chuong, age 46, has been CFO at LinkedIn (a Microsoft subsidiary) since July 2021 and held finance leadership roles there since 2013
- Offer Letter provides annual base salary of $600,000 and target annual bonus of 75% of base salary
- Initial RSU grant with a target value of $22 million, vesting in quarterly installments over four years
- One-time $2 million signing bonus, repayable if he resigns within twelve months of starting employment
- Eligible for severance and change in control benefits under the Amended and Restated Executive Severance Plan
- Filing states no related party transactions requiring disclosure under Item 404(a) of Regulation S-K
03—Questions
Frequently Asked Questions
Who is replacing the current CFO and when does the change take effect?
The filing announces James Chuong as Chief Financial Officer effective March 30, 2026, the date on which he will become the company's principal financial officer. The filing does not name the individual he succeeds.
What is James Chuong's background?
Mr. Chuong, age 46, has served as CFO at LinkedIn, a subsidiary of Microsoft Corporation, since July 2021. He held several finance leadership roles at LinkedIn since 2013, leading teams for financial planning and analysis, business operations, international finance, and financial systems. Previously he worked as an investment banker at J.P. Morgan, Citigroup, and Bank of America Securities. He holds a B.A. in Business Administration from the University of San Diego and an M.B.A. from the Wharton School of the University of Pennsylvania.
What compensation does the new CFO receive?
Under the Offer Letter, Mr. Chuong receives an annual base salary of $600,000 and a target annual bonus equal to 75% of base salary, subject to the bonus plan terms. He also receives an initial RSU grant with a target value of $22 million vesting quarterly over four years, and a one-time $2 million signing bonus that must be repaid if he resigns within twelve months of starting.
Are there any severance or indemnification protections for the new CFO?
Mr. Chuong will be eligible for severance and change in control benefits under the Company's Amended and Restated Executive Severance Plan. The company will also enter into its standard form of indemnification agreement with him, requiring indemnification to the fullest extent permitted under applicable law for certain liabilities arising from his duties.
Does the filing disclose any related party transactions or other arrangements involving the new CFO?
No. The filing states there are no arrangements or understandings between Mr. Chuong and any other persons under which he was named an executive officer, and no related party transactions with the Company that would require disclosure under Item 404(a) of Regulation S-K.
04—Continue