Entity tied to Atlassian (TEAM) executes 10b5-1 share sales
Rhea-AI Filing Summary
Farquhar Investment Partnership No. 2, an entity associated with Atlassian Corp director and 10% owner Scott Farquhar, reported multiple open‑market sales of Atlassian Class A Common Stock on January 23, 2026. The transactions, all coded as sales, were made under a Rule 10b5-1 trading plan adopted on February 12, 2025 and were executed in multiple trades at weighted-average prices such as $131.5117, $132.105, $129.4737, and $130.7089 per share. Following the last reported sale, the partnership held 352,590 Atlassian Class A shares indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,862 | $131.5117 | $376K |
| Sale | Class A Common Stock | 100 | $132.105 | $13K |
| Sale | Class A Common Stock | 1,100 | $129.4737 | $142K |
| Sale | Class A Common Stock | 3,603 | $130.7089 | $471K |
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 $131.08 to $132.07. 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 $132.09 to $132.12. 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 $128.99 to $129.98. 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 $130.08 to $131.04. 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.
FAQ
Who reported the insider transactions in Atlassian (TEAM)?
The reporting person is Scott Farquhar, identified as both a director and 10% owner of Atlassian Corp.
When did the reported Atlassian (TEAM) insider sales take place?
The reported sales of Atlassian Class A Common Stock occurred on January 23, 2026.
Were the Atlassian (TEAM) insider sales under a trading plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted on February 12, 2025.