Atlassian (TEAM) major holder Scott Farquhar sells shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian Corp director and 10% owner Scott Farquhar reported multiple sales of Class A common stock on February 2, 2026, carried out under a Rule 10b5-1 trading plan adopted on February 12, 2025. The shares are held by Farquhar Investment Partnership No. 2.
The partnership sold several blocks of stock, including 1,103, 781, 3,358, 50, 500 and 1,873 shares, at weighted-average prices ranging from $114.0299 to $119.29. Following these transactions, it indirectly held 306,600 shares of Atlassian Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares ($892,198)
Net Sell
6 txns
Insider
Farquhar Scott
Role
Director, 10% Owner
Sold
7,665 shs ($892K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,103 | $115.1495 | $127K |
| Sale | Class A Common Stock | 781 | $118.4042 | $92K |
| Sale | Class A Common Stock | 3,358 | $117.6458 | $395K |
| Sale | Class A Common Stock | 50 | $119.29 | $6K |
| Sale | Class A Common Stock | 500 | $116.2351 | $58K |
| Sale | Class A Common Stock | 1,873 | $114.0299 | $214K |
Holdings After Transaction:
Class A Common Stock — 313,162 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 $114.66 to $115.62. 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 $118.09 to $119.05. 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. This transaction was executed in multiple trades during the day at prices ranging from $117.08 to $118.06. 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 $115.79 to $116.62. 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 $113.62 to $114.58. 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 multiple sales of Atlassian Class A common stock on February 2, 2026. Shares held by Farquhar Investment Partnership No. 2 were sold in several blocks, with holdings reduced to 306,600 shares after the reported trades.
Who is the reporting person in this Atlassian (TEAM) insider filing?
The reporting person is Scott Farquhar, identified as a director and 10% owner of Atlassian Corp. The reported Class A shares are held indirectly through Farquhar Investment Partnership No. 2, which is listed in the footnotes as the shareholding entity.
On what date did the reported Atlassian (TEAM) stock sales occur?
All reported transactions occurred on February 2, 2026. Each line in the non-derivative table lists this same transaction date for the Class A common stock sales executed under the pre-established Rule 10b5-1 trading plan.
What prices were received in the Atlassian (TEAM) insider stock sales?
The sales were executed at weighted-average prices between $114.0299 and $119.29 per share. Several trades occurred in intraday price ranges detailed in the footnotes, with the weighted-average sale prices reported in the transaction table.
Was a trading plan used for these Atlassian (TEAM) insider transactions?
Yes. A footnote states the transactions were effected pursuant to a Rule 10b5-1 trading plan. The plan was adopted by the reporting person on February 12, 2025, and governed the February 2, 2026 stock sales disclosed here.