TEAM Form 4: Director/10% Owner sells 7,665 shares via plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian Corp (TEAM) reported insider transactions on a Form 4 for Scott Farquhar, a Director and 10% Owner. On 11/11/2025, the reporting person sold 7,665 shares of Class A common stock in multiple trades coded “S”. The sales were executed under a Rule 10b5-1 trading plan adopted on February 12, 2025.
Trades occurred at weighted-average prices within disclosed ranges, including $159.81–$160.80, $160.85–$161.82, $157.40–$157.96, $158.81–$159.77, $164.01–$164.19, $161.85–$162.82, and $163.01–$163.93. Following the transactions, 260,610 shares were beneficially owned indirectly through Farquhar Investment Partnership No. 2.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares ($1,228,736)
Net Sell
7 txns
Insider
Farquhar Scott
Role
Director, 10% Owner
Sold
7,665 shs ($1.23M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,164 | $160.1006 | $346K |
| Sale | Class A Common Stock | 1,200 | $161.2234 | $193K |
| Sale | Class A Common Stock | 670 | $157.5925 | $106K |
| Sale | Class A Common Stock | 2,400 | $159.4823 | $383K |
| Sale | Class A Common Stock | 100 | $164.10 | $16K |
| Sale | Class A Common Stock | 781 | $162.3753 | $127K |
| Sale | Class A Common Stock | 350 | $163.5443 | $57K |
Holdings After Transaction:
Class A Common Stock — 266,111 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 $159.81 to $160.80. 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 $160.85 to $161.82. 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 $157.40 to $157.96. 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 $158.81 to $159.77. 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 $164.01 to $164.19. 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 $161.85 to $162.82. 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 $163.01 to $163.93. 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 TEAM’s Form 4 disclose about insider activity?
Sales of 7,665 shares of Class A common stock on 11/11/2025 by Scott Farquhar, coded “S” as open-market sales.
Was the TEAM insider sale under a 10b5-1 plan?
Yes. It was effected pursuant to a Rule 10b5-1 trading plan adopted on February 12, 2025.
What price ranges were reported for the TEAM insider sales?
Weighted-average prices within ranges including $157.40–$164.19 across seven tranches, with specific ranges detailed for each trade.
What is the insider’s relationship to Atlassian (TEAM)?
The reporting person is a Director and 10% Owner.