Atlassian director and 10% owner reports planned stock sales
Rhea-AI Filing Summary
Atlassian Corp (TEAM) director and 10% owner reported selling Class A common stock in a series of planned trades. On 11/24/2025, the reporting person sold 5,015 shares at a weighted-average price of $146.6825, 1,850 shares at $145.9533, and 800 shares at $147.7615. These sales were made under a Rule 10b5-1 trading plan adopted on February 12, 2025, which pre-schedules trades. After these transactions, the reporting person beneficially owns 191,625 Atlassian Class A shares indirectly through Farquhar Investment Partnership No. 2.
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FAQ
What did Atlassian (TEAM) disclose in this Form 4 filing?
The filing reports that a director and 10% owner of Atlassian Corp (TEAM) sold shares of Class A common stock in several transactions on 11/24/2025.
How many Atlassian (TEAM) shares were sold in the reported transactions?
The reporting person sold 5,015 Class A shares, 1,850 Class A shares, and 800 Class A shares on 11/24/2025, in three separate transactions.
At what prices were the Atlassian (TEAM) shares sold?
The weighted-average sale prices were $146.6825 for 5,015 shares, $145.9533 for 1,850 shares, and $147.7615 for 800 shares, each executed in multiple trades within stated intraday price ranges.
Does this Atlassian (TEAM) Form 4 involve a Rule 10b5-1 trading plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2025.
How many Atlassian (TEAM) shares does the insider own after these sales?
After the reported transactions, the insider beneficially owns 191,625 shares of Atlassian Class A common stock, held indirectly through Farquhar Investment Partnership No. 2.
What is the relationship of the reporting person to Atlassian (TEAM)?
The reporting person is identified as both a Director and a 10% Owner of Atlassian Corp.