Atlassian: Farquhar reports insider sales; 390,915 shares remain
Atlassian Corp (TEAM) reported insider transactions by Scott Farquhar, a Director and 10% Owner.
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
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 — 390,915 shares (Indirect, See Footnote)
Footnotes (5)
- 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 $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.
- 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 $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.
- F5. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.