Atlassian (TEAM) director and 10% owner logs planned stock sales
Rhea-AI Filing Summary
Atlassian Corp director and 10% owner Scott Farquhar reported multiple open-market sales of Atlassian Class A common stock on December 17, 2025. The transactions were executed under a Rule 10b5-1 trading plan adopted on February 12, 2025, which pre-schedules trades to help avoid concerns about trading on non-public information.
The reported sales included blocks of 1,926 shares at a weighted-average price of $163.4612, 3,275 shares at $162.5645, 532 shares at $165.3641, 1,076 shares at $164.385, and 856 shares at $161.8652, each executed in multiple trades within stated intraday price ranges. Following these transactions, 68,985 shares of Atlassian Class A common stock are reported as beneficially owned indirectly through Farquhar Investment Partnership No. 2.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,926 | $163.4612 | $315K |
| Sale | Class A Common Stock | 3,275 | $162.5645 | $532K |
| Sale | Class A Common Stock | 532 | $165.3641 | $88K |
| Sale | Class A Common Stock | 1,076 | $164.385 | $177K |
| Sale | Class A Common Stock | 856 | $161.8652 | $139K |
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 $163.06 to $164.01. 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 $162.06 to $163.05. 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 $165.08 to $165.55. 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 $164.08 to $165.07. 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 $161.05 to $162.01. 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 that Scott Farquhar, a director and 10% owner of Atlassian Corp, sold multiple blocks of Class A common stock on December 17, 2025 in open-market transactions.
Was the Atlassian (TEAM) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states that the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2025, which pre-arranges trades under specified conditions.
What is Scott Farquhar’s relationship to Atlassian (TEAM)?
The filing identifies the reporting person as both a Director and a 10% Owner of Atlassian Corp, indicating significant insider ownership.