Atlassian (NASDAQ: TEAM) insider entity reports multiple Class A share sales
Rhea-AI Filing Summary
Atlassian Corp insider activity shows an entity associated with director and 10% owner Scott Farquhar completing pre-planned stock sales. On January 9, 2026, Farquhar-related holdings made multiple open-market sales of Atlassian Class A Common Stock in sizes from 900 to 3,521 shares per trade, at weighted-average prices such as $144.0246 and $150.69.
The transactions were carried out under a Rule 10b5-1 trading plan adopted on February 12, 2025. After these sales, 421,575 Atlassian Class A shares were reported as indirectly beneficially owned, held by Farquhar Investment Partnership No. 2.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 900 | $144.0246 | $130K |
| Sale | Class A Common Stock | 3,521 | $145.8367 | $513K |
| Sale | Class A Common Stock | 1,200 | $145.0501 | $174K |
| Sale | Class A Common Stock | 300 | $147.6763 | $44K |
| Sale | Class A Common Stock | 1,394 | $146.6525 | $204K |
| Sale | Class A Common Stock | 100 | $150.69 | $15K |
| Sale | Class A Common Stock | 250 | $149.794 | $37K |
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 $143.33 to $144.29. 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. Shares are held by Farquhar Investment Partnership No. 2. This transaction was executed in multiple trades during the day at prices ranging from $145.40 to $146.39. 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 $144.37 to $145.35. 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 $147.49 to $148.11. 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 $146.40 to $147.18. 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 $149.44 to $150.09. 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 insider transaction did Atlassian (TEAM) report in this Form 4?
The filing reports multiple open-market sales of Atlassian Class A Common Stock on January 9, 2026 by an entity associated with director and 10% owner Scott Farquhar.
Was the Atlassian (TEAM) insider sale made under a Rule 10b5-1 trading plan?
Yes. A footnote states the transactions were effected under a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2025.
What is Scott Farquhar’s relationship to Atlassian in this Form 4?
The reporting person, Scott Farquhar, is identified as both a Director and a 10% Owner of Atlassian Corp.
How were the Atlassian (TEAM) trades structured throughout the day?
Footnotes state several transactions were executed in multiple trades during the day, with only weighted-average prices reported, and that full trade details are available upon request to the company, the SEC staff, or shareholders.