TEAM Form 4: Director & 10% Owner sells shares under 10b5-1
Rhea-AI Filing Summary
Atlassian Corp (TEAM) reported an insider Form 4 showing open-market sales of Class A Common Stock on 10/27/2025, executed under a Rule 10b5-1 trading plan adopted on February 12, 2025.
Transactions disclosed: 4,008 shares sold at a weighted-average price of $164.6045 (range: $164.02–$165.02), 650 shares at $166.337 (range: $166.03–$166.81), and 3,007 shares at $165.3175 (range: $165.02–$165.97). Following these sales, the reporting person beneficially owned 344,925 shares indirectly through Farquhar Investment Partnership No. 2. The filer is marked as Director and 10% Owner.
Positive
- None.
Negative
- None.
Insights
Pre-planned insider sales; routine disclosure, neutral impact.
The filing lists three open-market sales of Atlassian Class A shares on 10/27/2025 under a Rule 10b5-1 plan adopted on February 12, 2025. Weighted-average prices were $164.6045, $166.337, and $165.3175, each with stated intraday ranges.
The reporting person remains an indirect holder of 344,925 shares via Farquhar Investment Partnership No. 2. As a Director and 10% Owner, periodic sales under a pre-established plan are administrative in nature. Actual market impact depends on broader trading volumes and holder decisions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,008 | $164.6045 | $660K |
| Sale | Class A Common Stock | 650 | $166.337 | $108K |
| Sale | Class A Common Stock | 3,007 | $165.3175 | $497K |
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 $164.02 to $165.02. 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. Shares are held by Farquhar Investment Partnership No. 2. This transaction was executed in multiple trades during the day at prices ranging from $166.03 to $166.81. 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. This transaction was executed in multiple trades during the day at prices ranging from $165.02 to $165.97. 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.