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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,015 | $146.6825 | $736K |
| Sale | Class A Common Stock | 1,850 | $145.9533 | $270K |
| Sale | Class A Common Stock | 800 | $147.7615 | $118K |
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 $146.34 to $147.31. 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 $145.34 to $146.31. 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 $147.34 to $148.29. 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 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.
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.
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.