Atlassian (TEAM) director logs 10b5-1 share sales on 14 Jan 2026
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian Corp director and 10% owner Scott Farquhar reported a series of planned sales of Atlassian Class A Common Stock on January 14, 2026. The transactions, all coded as open-market sales, were made under a Rule 10b5-1 trading plan adopted on February 12, 2025.
Sales included blocks such as 1,589 shares at $131.8763 and 2,290 shares at $132.6376, along with several smaller transactions at prices within disclosed intraday ranges. The shares are held indirectly through Farquhar Investment Partnership No. 2, and after the reported trades, 398,580 Class A shares were reported as indirectly beneficially owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares ($1,024,507)
Net Sell
6 txns
Insider
Farquhar Scott
Role
Director, 10% Owner
Sold
7,665 shs ($1.02M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,589 | $131.8763 | $210K |
| Sale | Class A Common Stock | 300 | $136.5583 | $41K |
| Sale | Class A Common Stock | 600 | $137.5933 | $83K |
| Sale | Class A Common Stock | 1,600 | $133.8554 | $214K |
| Sale | Class A Common Stock | 1,286 | $134.9329 | $174K |
| Sale | Class A Common Stock | 2,290 | $132.6376 | $304K |
Holdings After Transaction:
Class A Common Stock — 404,656 shares (Indirect, See Footnote)
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 $131.23 to $132.21. 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 $136.00 to $136.86. 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. This transaction was executed in multiple trades during the day at prices ranging from $137.23 to $138.02. 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 $133.46 to $134.31. 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 $134.49 to $135.40. 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 $132.24 to $133.18. 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
What insider activity did Atlassian (TEAM) report in this Form 4?
The Form 4 reports multiple open-market sales of Atlassian Class A Common Stock on January 14, 2026 by director and 10% owner Scott Farquhar, reported as indirect holdings.
What is Scott Farquhar’s relationship to Atlassian according to this filing?
The Form 4 identifies Scott Farquhar as both a director of Atlassian Corp and a 10% owner of the company’s equity securities.
How were the individual trade prices for the Atlassian sales handled in the Form 4?
The filing reports weighted-average prices for each transaction and notes that each sale was executed in multiple trades within specified price ranges, with full details available upon request.