Atlassian (TEAM) director Scott Farquhar’s entity sells 7,665 shares under plan
Rhea-AI Filing Summary
Atlassian Corp director and 10% owner Scott Farquhar, through Farquhar Investment Partnership No. 2, reported multiple open-market sales of Atlassian Class A common stock on January 28, 2026. The sales, made under a pre-established Rule 10b5-1 trading plan adopted on February 12, 2025, totaled 7,665 shares across several transactions at weighted-average prices around $135–$139 per share. Following these sales, the partnership held 329,595 Atlassian Class A shares indirectly attributable to Farquhar.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares
Net Sell
5 txns
Insider
Farquhar Scott
Role
Director, 10% Owner
Sold
7,665 shs ($1.04M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,784 | $134.6722 | $375K |
| Sale | Class A Common Stock | 281 | $138.5862 | $39K |
| Sale | Class A Common Stock | 455 | $137.8008 | $63K |
| Sale | Class A Common Stock | 445 | $136.6244 | $61K |
| Sale | Class A Common Stock | 3,700 | $135.3483 | $501K |
Holdings After Transaction:
Class A Common Stock — 329,595 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 $134.00 to $134.99. 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 $138.41 to $138.88. 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 $137.20 to $138.18. 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 $136.20 to $137.19. 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.
- F7. This transaction was executed in multiple trades during the day at prices ranging from $135.00 to $135.85. 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 did Atlassian (TEAM) insider Scott Farquhar report in this Form 4?
Scott Farquhar reported that Farquhar Investment Partnership No. 2 sold 7,665 shares of Atlassian Class A common stock on January 28, 2026. After these sales, the partnership held 329,595 Atlassian Class A shares attributable to him.
Were the Atlassian (TEAM) insider sales made under a Rule 10b5-1 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 plans pre-schedule trades according to preset instructions.
What is Scott Farquhar’s relationship to Atlassian (TEAM) in this filing?
Scott Farquhar is identified as both a director and a 10% owner of Atlassian Corp. The Form 4 reports changes in his indirect beneficial ownership of Atlassian Class A common stock through Farquhar Investment Partnership No. 2.