Atlassian (NASDAQ: TEAM) director and 10% owner sells shares
Rhea-AI Filing Summary
Atlassian Corp reported insider share sales by a director and 10% owner. On December 16, 2025, the reporting person sold multiple blocks of Atlassian Class A Common Stock at weighted-average prices including $161.0446 and $159.8811 per share. The sales are reported as open-market transactions.
These trades were carried out under a Rule 10b5-1 trading plan adopted on February 12, 2025, which pre-schedules transactions. After the reported sales, the insider beneficially owns 76,650 shares of Atlassian Class A Common Stock, held indirectly through Farquhar Investment Partnership No. 2.
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FAQ
What insider transaction did Atlassian Corp (TEAM) report in this Form 4?
The filing reports that a director and 10% owner of Atlassian Corp (TEAM) sold multiple blocks of Class A Common Stock in open-market transactions on December 16, 2025.
On what date did the Atlassian (TEAM) insider sell shares, and what was the transaction code?
The insider sales occurred on December 16, 2025 and are coded as S transactions, indicating open-market or privately negotiated sales of Atlassian Class A Common Stock.
At what prices were the Atlassian (TEAM) shares sold by the insider?
The reported weighted-average sale prices for the Atlassian Class A shares include $161.0446, $159.8811, $162.69, $161.8366, and $159.0263 per share, each executed in multiple trades within specified intraday price ranges.
How many Atlassian Corp (TEAM) shares does the insider own after these transactions?
Following the reported sales, the insider beneficially owns 76,650 shares of Atlassian Class A Common Stock, held indirectly through Farquhar Investment Partnership No. 2.
Were the Atlassian (TEAM) insider sales made under a Rule 10b5-1 trading plan?
Yes. The filing states that the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2025.
What is the relationship of the reporting person to Atlassian Corp (TEAM)?
The reporting person in this Form 4 is identified as both a Director and a 10% Owner of Atlassian Corp (TEAM).