Insider entity tied to Atlassian (TEAM) sells 7,665 Class A shares
Rhea-AI Filing Summary
Atlassian Corp director and 10% owner Scott Farquhar, through Farquhar Investment Partnership No. 2, reported multiple open-market sales of Atlassian Class A Common Stock on January 26, 2026. The partnership sold a total of 7,665 shares in several trades at weighted-average prices ranging from $133.03 to $138.4568 per share, under a Rule 10b5-1 trading plan adopted on February 12, 2025. Following these transactions, the partnership held 344,925 shares of Class A Common Stock indirectly attributed to Farquhar.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 50 | $133.03 | $7K |
| Sale | Class A Common Stock | 100 | $134.51 | $13K |
| Sale | Class A Common Stock | 1,987 | $135.8121 | $270K |
| Sale | Class A Common Stock | 2,664 | $136.6213 | $364K |
| Sale | Class A Common Stock | 950 | $137.5384 | $131K |
| Sale | Class A Common Stock | 1,914 | $138.4568 | $265K |
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025. Shares are held by Farquhar Investment Partnership No. 2. This transaction was executed in multiple trades during the day at prices ranging from $134.05 to $134.97. 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 $135.13 to $136.12. 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 $136.13 to $137.10. 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 $137.16 to $138.04. 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 $138.19 to $138.86. 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.
FAQ
Who reported the insider transactions in Atlassian (TEAM)?
The transactions were reported by Scott Farquhar, who is listed as a director and 10% owner of Atlassian Corp.
Were these Atlassian (TEAM) insider sales pre-planned?
Yes. The filing states that the sales were made under a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2025.
How were the Atlassian (TEAM) trades executed during the day?
The footnotes explain that several transactions were executed in multiple trades during the day within specified price ranges, and only the weighted-average price is reported, with full trade details available upon request.