Entity tied to Atlassian (TEAM) director sells 7,665 shares
Rhea-AI Filing Summary
Atlassian Corp director and 10% owner Scott Farquhar, through Farquhar Investment Partnership No. 2, sold a total of 7,665 shares of Atlassian Class A common stock on January 29, 2026. The sales were executed in multiple trades at weighted-average prices between $116.6967 and $123.17 under a pre-arranged Rule 10b5-1 trading plan adopted on February 12, 2025. Following these transactions, the partnership continued to hold 321,930 Atlassian Class A shares indirectly for the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares
Net Sell
6 txns
Insider
Farquhar Scott
Role
Director, 10% Owner
Sold
7,665 shs ($912K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,501 | $119.6024 | $299K |
| Sale | Class A Common Stock | 543 | $120.4315 | $65K |
| Sale | Class A Common Stock | 300 | $116.6967 | $35K |
| Sale | Class A Common Stock | 3,071 | $118.813 | $365K |
| Sale | Class A Common Stock | 50 | $123.17 | $6K |
| Sale | Class A Common Stock | 1,200 | $117.7776 | $141K |
Holdings After Transaction:
Class A Common Stock — 321,930 shares (Indirect, See Footnote)
Footnotes (7)
- 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 $119.22 to $120.21. 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 $120.22 to $121.11. 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 $116.03 to $116.97. 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.
- F6. This transaction was executed in multiple trades during the day at prices ranging from $118.22 to $119.21. 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.
- F7. This transaction was executed in multiple trades during the day at prices ranging from $117.22 to $118.17. 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.
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FAQ
What insider transaction did Atlassian Corp (TEAM) report on January 29, 2026?
Atlassian reported that Farquhar Investment Partnership No. 2 sold 7,665 shares of Class A common stock on January 29, 2026. The trades were reported by director and 10% owner Scott Farquhar as indirect sales on behalf of the partnership.
Was the Atlassian (TEAM) insider sale made under a Rule 10b5-1 trading plan?
Yes. A footnote explains the transactions were effected under a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2025. Such pre-arranged plans automate trades according to preset instructions, independent of day-to-day market decisions.
How were the multiple Atlassian (TEAM) trades on January 29, 2026 reported in the Form 4?
Each group of trades was reported as a single line with a weighted-average price. Footnotes note that underlying trades occurred within specific intraday price ranges and that full trade-level details are available upon request to regulators, the issuer, or its security holders.