TEAM Form 4: Scott Farquhar sales under 10b5-1; 398,580 held
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian (TEAM): Director and 10% owner Scott Farquhar reported open-market sales of Class A common stock on 10/16/2025 under a Rule 10b5-1 trading plan adopted on February 12, 2025. The sales were executed in eight tranches totaling 7,665 shares, with weighted-average prices reported for each tranche.
Following these transactions, 398,580 Class A shares were beneficially owned indirectly through Farquhar Investment Partnership No. 2. The trades included weighted-average prices around $148.94, $149.81, $150.94, $151.90, $152.95, $154.15, and $154.77, with daily execution ranges disclosed in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares ($1,160,120)
Net Sell
8 txns
Insider
Farquhar Scott
Role
Director, 10% Owner
Sold
7,665 shs ($1.16M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 481 | $154.7737 | $74K |
| Sale | Class A Common Stock | 50 | $155.81 | $8K |
| Sale | Class A Common Stock | 1,474 | $148.9357 | $220K |
| Sale | Class A Common Stock | 1,686 | $149.8116 | $253K |
| Sale | Class A Common Stock | 1,000 | $150.9358 | $151K |
| Sale | Class A Common Stock | 1,093 | $151.8975 | $166K |
| Sale | Class A Common Stock | 957 | $152.9487 | $146K |
| Sale | Class A Common Stock | 924 | $154.1534 | $142K |
Holdings After Transaction:
Class A Common Stock — 405,764 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 $154.55 to $155.30. 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 $148.36 to $149.34. 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. This transaction was executed in multiple trades during the day at prices ranging from $149.36 to $150.27. 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 $150.37 to $151.35. 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. This transaction was executed in multiple trades during the day at prices ranging from $151.39 to $152.38. 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 $152.39 to $153.38. 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 $153.54 to $154.50. 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 did Atlassian (TEAM) insider Scott Farquhar report?
He reported open-market sales of Class A common stock on 10/16/2025 under a Rule 10b5-1 trading plan.
What is the remaining beneficial ownership after the sales for TEAM?
Following the transactions, 398,580 Class A shares were beneficially owned indirectly via Farquhar Investment Partnership No. 2.
What prices were disclosed for the TEAM insider sales?
Weighted-average prices included $148.9357, $149.8116, $150.9358, $151.8975, $152.9487, $154.1534, and $154.7737; ranges up to $155.30 were noted.
Was the TEAM insider using a 10b5-1 plan?
Yes. The sales were effected pursuant to a Rule 10b5-1 plan adopted on February 12, 2025.