TEAM Form 4: 10/17/2025 sales under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian Corp (TEAM) reported insider transactions by Scott Farquhar, a Director and 10% Owner. On 10/17/2025, he sold Class A Common Stock in three open-market trades under a Rule 10b5-1 trading plan adopted on February 12, 2025: 1,251 shares at a weighted-average $150.0515, 3,811 shares at $151.7619, and 2,603 shares at $150.9528.
Following these transactions, 390,915 shares were beneficially owned indirectly through Farquhar Investment Partnership No. 2.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares ($1,159,009)
Net Sell
3 txns
Insider
Farquhar Scott
Role
Director, 10% Owner
Sold
7,665 shs ($1.16M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,251 | $150.0515 | $188K |
| Sale | Class A Common Stock | 3,811 | $151.7619 | $578K |
| Sale | Class A Common Stock | 2,603 | $150.9528 | $393K |
Holdings After Transaction:
Class A Common Stock — 397,329 shares (Indirect, See Footnote)
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 $149.46 to $150.43. 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 $151.48 to $152.13. 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 $150.47 to $151.45. 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?
Scott Farquhar reported open-market sales of Class A shares on 10/17/2025 under a Rule 10b5-1 plan.
What is Scott Farquhar’s remaining beneficial ownership in TEAM?
After the reported trades, 390,915 shares were beneficially owned indirectly through Farquhar Investment Partnership No. 2.
Was a 10b5-1 trading plan used for these TEAM sales?
Yes. The plan was adopted on February 12, 2025 and governed the 10/17/2025 trades.
What is Scott Farquhar’s relationship to Atlassian (TEAM)?
He is a Director and a 10% Owner.
Were the trades executed in multiple transactions?
Yes. Each reported weighted-average price reflects multiple trades executed that day within stated price ranges.