Scott Farquhar reports Rule 10b5-1 sales of Atlassian stock
Rhea-AI Filing Summary
Atlassian Corp (TEAM) director and 10% owner Scott Farquhar reported multiple sales of Class A Common Stock on 11/21/2025. The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 12, 2025, with weighted-average sales prices reported for each trade, including $140.662, $146.3636, and other prices in the low-to-mid $140s per share, reflecting executions within specified intraday price ranges.
After these sales, Farquhar reported 199,290 shares of Atlassian Class A Common Stock beneficially owned indirectly through Farquhar Investment Partnership No. 2. No derivative securities were reported as acquired or disposed of in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,000 | $140.662 | $141K |
| Sale | Class A Common Stock | 700 | $146.3636 | $102K |
| Sale | Class A Common Stock | 2,228 | $145.7114 | $325K |
| Sale | Class A Common Stock | 1,071 | $144.6686 | $155K |
| Sale | Class A Common Stock | 1,270 | $143.6894 | $182K |
| Sale | Class A Common Stock | 892 | $142.7726 | $127K |
| Sale | Class A Common Stock | 504 | $141.6494 | $71K |
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 $140.08 to $140.98. 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 $146.27 to $146.49. 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 $145.27 to $146.26. 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 $144.23 to $145.16. 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 $143.21 to $144.19. 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 $142.20 to $143.19. 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 $141.16 to $141.96. 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 transaction did Atlassian (TEAM) report in this Form 4?
The filing reports that Scott Farquhar, a director and 10% owner of Atlassian Corp (TEAM), sold multiple lots of Class A Common Stock on 11/21/2025 at various prices in the low-to-mid $140s per share.
Were the Atlassian (TEAM) insider sales made under a Rule 10b5-1 plan?
Yes. The filing states that the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2025.
Did the Form 4 report any derivative security transactions for Atlassian (TEAM)?
No. The table for derivative securities shows no acquired or disposed derivative positions; only non-derivative Class A Common Stock sales were reported.