Rule 10b5-1 sales by Atlassian (TEAM) director’s partnership
Rhea-AI Filing Summary
Atlassian Corp director and 10% owner Scott Farquhar, through Farquhar Investment Partnership No. 2, reported preset sales of Class A Common Stock on January 21, 2026 under a Rule 10b5-1 trading plan adopted on February 12, 2025. The partnership sold multiple blocks of shares, including 3,893 shares at a weighted-average price of $121.5226, in transactions executed over intraday price ranges disclosed in the footnotes. Following these sales, Farquhar Investment Partnership No. 2 held 367,920 Atlassian Class A shares indirectly for the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,893 | $121.5226 | $473K |
| Sale | Class A Common Stock | 2,022 | $122.2744 | $247K |
| Sale | Class A Common Stock | 250 | $119.178 | $30K |
| Sale | Class A Common Stock | 1,300 | $120.4811 | $157K |
| Sale | Class A Common Stock | 150 | $117.8567 | $18K |
| Sale | Class A Common Stock | 50 | $122.99 | $6K |
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 $120.96 to $121.95. 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. Shares are held by Farquhar Investment Partnership No. 2. This transaction was executed in multiple trades during the day at prices ranging from $121.98 to $122.91. 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 $118.88 to $119.74. 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 $119.92 to $120.89. 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 $117.51 to $118.46. 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) disclose in this filing?
The filing shows that an entity associated with director and 10% owner Scott Farquhar, Farquhar Investment Partnership No. 2, sold multiple blocks of Atlassian Class A Common Stock on January 21, 2026.
Was the Atlassian (TEAM) stock sale part of a pre-arranged plan?
Yes. Footnote 1 explains the sales were effected under a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2025, which automates trades according to preset instructions.
What role does Scott Farquhar have at Atlassian (TEAM) according to the filing?
Scott Farquhar is listed as both a director and a 10% owner of Atlassian Corp in this insider ownership report.