Atlassian (TEAM) insider sale; 344,925 shares remain indirect
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.
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 (5)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025.
- F2. 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.
- F3. Shares are held by Farquhar Investment Partnership No. 2.
- F4. 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.
- F5. 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.
FAQ
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What did Atlassian (TEAM) disclose in this Form 4?
Was the sale made under a Rule 10b5-1 plan?
What is the insider’s relationship to Atlassian (TEAM)?
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