Insider at Atlassian Corp (TEAM) reports 10b5-1 stock sales on Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian Corp insider activity: A Form 4 reports that reporting person Scott Farquhar, a director and 10% owner of Atlassian Corp (symbol TEAM), had indirect sales of Class A common stock on January 15, 2026. The sales were made by Farquhar Investment Partnership No. 2, which holds the shares, in multiple transactions under a Rule 10b5-1 trading plan adopted on February 12, 2025.
Reported trades include, for example, 250 shares sold at a weighted-average price of $133.454 per share and 1,786 shares sold at a weighted-average price of $128.2504 per share. Following the last reported transaction, the partnership held 390,915 shares of Atlassian Class A common stock indirectly attributable to the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares ($1,002,653)
Net Sell
6 txns
Insider
Farquhar Scott
Role
Director, 10% Owner
Sold
7,665 shs ($1.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 250 | $133.454 | $33K |
| Sale | Class A Common Stock | 1,953 | $132.6107 | $259K |
| Sale | Class A Common Stock | 2,209 | $131.4168 | $290K |
| Sale | Class A Common Stock | 867 | $130.8066 | $113K |
| Sale | Class A Common Stock | 600 | $129.2279 | $78K |
| Sale | Class A Common Stock | 1,786 | $128.2504 | $229K |
Holdings After Transaction:
Class A Common Stock — 398,330 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 $133.23 to $133.70. 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 $132.12 to $133.08. 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 $131.05 to $132.03. 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 $130.04 to $131.03. 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 $128.87 to $129.72. 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 $127.87 to $128.80. 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 does this Atlassian (TEAM) Form 4 filing report?
The Form 4 reports that Scott Farquhar, a director and 10% owner of Atlassian Corp, had indirect sales of Class A common stock on January 15, 2026, through an entity that holds his shares.
Were these 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.