TEAM Form 4: Director/10% owner sells shares via 10b5-1 plan
Rhea-AI Filing Summary
Atlassian (TEAM) director and 10% owner reported insider sales. On 10/14/2025, the reporting person executed multiple open‑market sales of Atlassian Class A common stock (transaction code S) pursuant to a Rule 10b5‑1 trading plan adopted on February 12, 2025.
The trades were executed in multiple transactions at weighted‑average prices ranging from $148.1956 to $157.39. Following these transactions, the reporting person beneficially owns 413,910 shares, held indirectly through Farquhar Investment Partnership No. 2.
Positive
- None.
Negative
- None.
Insights
Routine 10b5-1 insider sales; neutral signal.
A director and 10% owner disclosed open‑market sales of Atlassian Class A shares on 10/14/2025 under a pre‑set Rule 10b5‑1 plan adopted on February 12, 2025. Such plans automate trades to reduce discretion and potential information concerns.
Weighted‑average prices ranged from $148.1956 to $157.39. After the sales, beneficial ownership stands at 413,910 shares held indirectly via Farquhar Investment Partnership No. 2. The filing lists standard price ranges and the ability to provide trade‑level detail upon request.
Actual market impact depends on holder decisions and liquidity; the disclosure is administrative, with no stated change to company operations or guidance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 700 | $156.0014 | $109K |
| Sale | Class A Common Stock | 1,800 | $153.4697 | $276K |
| Sale | Class A Common Stock | 292 | $151.1271 | $44K |
| Sale | Class A Common Stock | 450 | $148.1956 | $67K |
| Sale | Class A Common Stock | 300 | $149.0967 | $45K |
| Sale | Class A Common Stock | 1,406 | $156.7291 | $220K |
| Sale | Class A Common Stock | 1,650 | $154.327 | $255K |
| Sale | Class A Common Stock | 350 | $152.1383 | $53K |
| Sale | Class A Common Stock | 675 | $150.3279 | $101K |
| Sale | Class A Common Stock | 42 | $157.39 | $7K |
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025. This transaction was executed in multiple trades during the day at prices ranging from $151.95 to $152.47. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $149.80 to $150.77. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $155.36 to $156.34. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. Shares are held by Farquhar Investment Partnership No. 2. This transaction was executed in multiple trades during the day at prices ranging from $152.95 to $153.91. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $150.90 to $151.74. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $147.71 to $148.49. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $148.71 to $149.44. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $156.37 to $157.20. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $153.98 to $154.87. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.