TEAM Form 4: Farquhar sells Class A shares under Rule 10b5-1
Rhea-AI Filing Summary
Atlassian Corp (TEAM) insider activity: Director and 10% owner Scott Farquhar reported open‑market sales of Class A Common Stock on 11/05/2025, made under a Rule 10b5‑1 trading plan adopted on February 12, 2025.
The sales occurred in multiple tranches at weighted‑average prices reported between $160.4765 and $168.30, with disclosed intraday ranges from $160.03 to $168.67. Following these transactions, 291,270 shares were beneficially owned indirectly through Farquhar Investment Partnership No. 2.
Positive
- None.
Negative
- None.
Insights
Routine 10b5‑1 insider sales; neutral impact.
Scott Farquhar, a director and 10% owner of Atlassian (TEAM), disclosed open‑market sales executed on 11/05/2025 under a pre‑arranged Rule 10b5‑1 plan adopted on February 12, 2025. Such plans automate trades to reduce discretion.
Trades were reported at weighted‑average prices from $160.4765 to $168.30, with intraday ranges spanning $160.03–$168.67. After these sales, indirect beneficial ownership stood at 291,270 shares via Farquhar Investment Partnership No. 2.
As these are plan‑based transactions, they are typically administrative. Actual market impact depends on trading volume and holder decisions disclosed over time.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 450 | $167.2411 | $75K |
| Sale | Class A Common Stock | 350 | $165.8173 | $58K |
| Sale | Class A Common Stock | 400 | $164.5141 | $66K |
| Sale | Class A Common Stock | 800 | $163.6384 | $131K |
| Sale | Class A Common Stock | 2,325 | $162.6898 | $378K |
| Sale | Class A Common Stock | 1,583 | $161.5851 | $256K |
| Sale | Class A Common Stock | 1,657 | $160.4765 | $266K |
| Sale | Class A Common Stock | 100 | $168.30 | $17K |
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 $167.93 to $168.67. 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. This transaction was executed in multiple trades during the day at prices ranging from $166.87 to $167.77. 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 $165.41 to $166.12. 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 $164.23 to $164.83. 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 $163.22 to $164.18. 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 $162.16 to $163.15. 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 $161.06 to $162.04. 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 $160.03 to $160.99. 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.