Atlassian (NASDAQ: TEAM) insider logs 10b5-1 plan stock sales in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian Corp director and 10% owner Scott Farquhar reported multiple open-market sales of Class A common stock on January 13, 2026, executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 12, 2025.
The transactions, all coded as sales, were executed at weighted-average prices ranging from $137.78 to $147.95 per share across several trades. Following the last reported sale, 406,245 Class A shares were reported as beneficially owned indirectly through Farquhar Investment Partnership No. 2, which holds the shares on behalf of the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares ($1,071,900)
Net Sell
9 txns
Insider
Farquhar Scott
Role
Director, 10% Owner
Sold
7,665 shs ($1.07M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,601 | $138.3265 | $360K |
| Sale | Class A Common Stock | 100 | $147.65 | $15K |
| Sale | Class A Common Stock | 350 | $146.7671 | $51K |
| Sale | Class A Common Stock | 599 | $140.1374 | $84K |
| Sale | Class A Common Stock | 3,214 | $139.1582 | $447K |
| Sale | Class A Common Stock | 100 | $142.4532 | $14K |
| Sale | Class A Common Stock | 201 | $141.3885 | $28K |
| Sale | Class A Common Stock | 300 | $144.7483 | $43K |
| Sale | Class A Common Stock | 200 | $143.47 | $29K |
Holdings After Transaction:
Class A Common Stock — 411,309 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 $144.49 to $145.32. 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 $143.23 to $143.76. 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 $137.78 to $138.75. 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 $147.35 to $147.95. 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 $146.26 to $147.25. 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 $139.79 to $140.76. 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 $138.79 to $139.75. 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 $142.19 to $142.74. 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 $140.79 to $141.67. 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 activity did Atlassian (TEAM) report in this Form 4?
The Form 4 reports that Scott Farquhar, a director and 10% owner of Atlassian Corp, executed multiple open-market sales of Class A common stock on January 13, 2026.
At what prices were the Atlassian (TEAM) insider sales executed?
The sales were executed in multiple trades at weighted-average prices, with footnotes stating ranges from $137.78 to $147.95 per share, depending on the specific transaction.
Were the Atlassian insider sales made under a Rule 10b5-1 trading plan?
Yes. A footnote states that the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2025.
What role does Scott Farquhar have at Atlassian according to this filing?
The reporting person is identified as both a Director and a 10% Owner of Atlassian Corp in the relationship section of the filing.