Atlassian director reports Rule 10b5-1 stock sales
Atlassian Corp director and 10% owner Scott Farquhar reported automatic stock sales executed under a pre-set trading plan.
Rhea-AI Filing Summary
Atlassian Corp director and 10% owner Scott Farquhar reported automatic stock sales executed under a pre-set trading plan. On January 6, 2026, Farquhar reported multiple open-market sales of Atlassian Class A Common Stock, with individual transactions ranging from 100 to 3,152 shares per line item at weighted-average prices such as $158.2776, $157.3332, and $160.5357.
The filing states that these transactions were carried out pursuant to a Rule 10b5-1 trading plan adopted on February 12, 2025, meaning the trades were pre-arranged. The shares involved are held indirectly through Farquhar Investment Partnership No. 2, and following the reported sales, 444,570 shares of Atlassian Class A Common Stock were reported as beneficially owned indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,152 | $158.2776 | $499K |
| Sale | Class A Common Stock | 1,013 | $157.3332 | $159K |
| Sale | Class A Common Stock | 200 | $151.8476 | $30K |
| Sale | Class A Common Stock | 1,900 | $160.5357 | $305K |
| Sale | Class A Common Stock | 1,200 | $159.2388 | $191K |
| Sale | Class A Common Stock | 100 | $156.05 | $16K |
| Sale | Class A Common Stock | 100 | $154.70 | $15K |
Footnotes (9)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025.
- F2. This transaction was executed in multiple trades during the day at prices ranging from $157.80 to $158.76. 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.
- F3. Shares are held by Farquhar Investment Partnership No. 2.
- F4. This transaction was executed in multiple trades during the day at prices ranging from $156.75 to $157.74. 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.
- F5. This transaction was executed in multiple trades during the day at prices ranging from $151.24 to $152.05. 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.
- F6. This transaction was executed in multiple trades during the day at prices ranging from $160.00 to $160.90. 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.
- F7. This transaction was executed in multiple trades during the day at prices ranging from $158.84 to $159.81. 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.
- F8. This transaction was executed in multiple trades during the day at prices ranging from $155.75 to $156.35. 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.
- F9. This transaction was executed in multiple trades during the day at prices ranging from $154.55 to $154.85. 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
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What insider transaction did Atlassian (TEAM) disclose in this Form 4?
Were the Atlassian insider sales made under a Rule 10b5-1 trading plan?
How were the Atlassian (TEAM) trades executed during the day?
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