Atlassian (TEAM) director Scott Farquhar’s entity sells 7,665 shares under plan
Filing Impact
Filing Sentiment
Form Type
4
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 ($1,038,156)
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 — 334,476 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 $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. Shares are held by Farquhar Investment Partnership No. 2. 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. 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. 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. 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.
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.