Atlassian (TEAM) director sells 7,665 shares, keeps 429,240

Q: What did Atlassian insider Scott Farquhar (TEAM) do on 10/10/2025?

He sold multiple blocks of Class A shares under a 10b5-1 trading plan, reducing indirect holdings from 435,889 to 429,240 shares.

Q: How many shares were sold and at what prices on 10/10/2025?

Five sell transactions totaling 7,665 shares were reported with weighted-average prices of $147.8423, $145.7227, $148.9011, $146.7776, and $144.8955.

Q: Who holds the shares after the reported sales?

Shares are held indirectly by Farquhar Investment Partnership No. 2, which held 429,240 Class A shares after the trades.

Q: Who signed the Form 4 for Scott Farquhar?

The filing is signed by Veena Bhatia, Attorney-in-Fact, on 10/10/2025.

On 10/10/2025 a Form 4 shows director and 10% owner Scott Farquhar executed multiple sales of Atlassian Corp (TEAM) Class A shares under a Rule 10b5-1 trading plan adopted on 02/12/2025.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

On 10/10/2025 a Form 4 shows director and 10% owner Scott Farquhar executed multiple sales of Atlassian Corp (TEAM) Class A shares under a Rule 10b5-1 trading plan adopted on 02/12/2025. The filing reports five separate sell transactions that together reduced his indirect holdings at Farquhar Investment Partnership No. 2 from 435,889 shares to 429,240 shares. Individual weighted-average prices for the trades range around $144.90 to $148.90, with specific reported averages of $147.8423, $145.7227, $148.9011, $146.7776, and $144.8955.

The filing is signed by an attorney-in-fact and discloses the trades were effected pursuant to the adopted 10b5-1 plan; no derivative transactions or other changes in ownership form are reported.

Positive

Sales executed under a Rule 10b5-1 plan, indicating pre-scheduled transactions
Full disclosure of weighted-average prices and willingness to provide trade-level details on request
Reporting person retains a large indirect stake of 429,240 Class A shares after sales

Negative

Insider sold a total of 7,665 shares across five transactions on 10/10/2025
Holding reduced from 435,889 to 429,240 shares, a measurable decline in insider stake

Insights

Director sold a small portion of a large stake under a 10b5-1 plan on 10/10/2025.

The sales were executed as multiple trades under a Rule 10b5-1 plan adopted on 02/12/2025, which provides an affirmative defense to insider trading claims when properly pre‑set. The reporter retains a substantial indirect holding of 429,240 Class A shares via an investment partnership.

Dependence on the plan reduces concerns about opportunistic timing but leaves monitoring points: total shares sold that day (sum of reported disposals) and the plan's schedule. Near-term items to watch include additional Form 4s that would disclose further planned sales or cessation of the 10b5-1 program.

Insider Trade Summary

Net Seller: 7,665 shares

Net Sell 5 txns

Insider Farquhar Scott

Role Director, 10% Owner

Sold 7,665 shs ($1.12M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	1,016	$147.8423	$150K
Sale	Class A Common Stock	1,350	$145.7227	$197K
Sale	Class A Common Stock	450	$148.9011	$67K
Sale	Class A Common Stock	750	$146.7776	$110K
Sale	Class A Common Stock	4,099	$144.8955	$594K

Holdings After Transaction: Class A Common Stock — 429,240 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 $147.39 to $148.34. 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 $145.38 to $146.27. 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 $148.47 to $149.34. 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 $146.38 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.
F7. This transaction was executed in multiple trades during the day at prices ranging from $144.36 to $145.29. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Atlassian insider Scott Farquhar (TEAM) do on 10/10/2025?

He sold multiple blocks of Class A shares under a 10b5-1 trading plan, reducing indirect holdings from 435,889 to 429,240 shares.

Were the trades reported on a Form 4 for TEAM pre-arranged?

Yes. The Form 4 states the transactions were effected pursuant to a Rule 10b5-1 plan adopted on 02/12/2025.

How many shares were sold and at what prices on 10/10/2025?

Five sell transactions totaling 7,665 shares were reported with weighted-average prices of $147.8423, $145.7227, $148.9011, $146.7776, and $144.8955.

Does the filing show any option exercises or derivative changes?

No. Table II for derivative securities shows no transactions or holdings reported.

Who holds the shares after the reported sales?

Shares are held indirectly by Farquhar Investment Partnership No. 2, which held 429,240 Class A shares after the trades.

Who signed the Form 4 for Scott Farquhar?

The filing is signed by Veena Bhatia, Attorney-in-Fact, on 10/10/2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Accepted by SEC EDGAR 10/10/2025 - 05:45 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Farquhar Scott

(Last)

(First)

(Middle)

C/O ATLASSIAN CORPORATION

350 BUSH STREET, FLOOR 13

(Street)

SAN FRANCISCO

94104

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Atlassian Corp [ TEAM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	10/10/2025		S⁽¹⁾		1,016	D	$147.8423⁽²⁾	435,889	I	See Footnote⁽³⁾
Class A Common Stock	10/10/2025		S⁽¹⁾		1,350	D	$145.7227⁽⁴⁾	434,539	I	See Footnote⁽³⁾
Class A Common Stock	10/10/2025		S⁽¹⁾		450	D	$148.9011⁽⁵⁾	434,089	I	See Footnote⁽³⁾
Class A Common Stock	10/10/2025		S⁽¹⁾		750	D	$146.7776⁽⁶⁾	433,339	I	See Footnote⁽³⁾
Class A Common Stock	10/10/2025		S⁽¹⁾		4,099	D	$144.8955⁽⁷⁾	429,240	I	See Footnote⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025.

2. This transaction was executed in multiple trades during the day at prices ranging from $147.39 to $148.34. 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.

3. Shares are held by Farquhar Investment Partnership No. 2.

4. This transaction was executed in multiple trades during the day at prices ranging from $145.38 to $146.27. 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.

5. This transaction was executed in multiple trades during the day at prices ranging from $148.47 to $149.34. 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.

6. This transaction was executed in multiple trades during the day at prices ranging from $146.38 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.

7. This transaction was executed in multiple trades during the day at prices ranging from $144.36 to $145.29. 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.

Remarks:

	/s/ Veena Bhatia, Attorney-in-Fact for Farquhar Scott	10/10/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

Atlassian (TEAM) director sells 7,665 shares, keeps 429,240