Atlassian Corp (TEAM) discloses 10b5-1 insider stock sales in Form 4
Rhea-AI Filing Summary
Atlassian Corp director and 10% owner Scott Farquhar, through an entity, reported multiple open-market sales of Class A Common Stock on January 12, 2026. The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 12, 2025, meaning the trades followed a preset schedule rather than day-to-day discretion.
The shares are held by Farquhar Investment Partnership No. 2, which is listed as the indirect owner. Individual trades included sales such as 1,435 shares at a weighted-average price of $148.3399 and 3,264 shares at $147.436, each executed in multiple smaller trades within stated price ranges. After the last reported sale, the filing shows 413,910 shares of Atlassian Class A Common Stock indirectly beneficially owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,435 | $148.3399 | $213K |
| Sale | Class A Common Stock | 450 | $144.3944 | $65K |
| Sale | Class A Common Stock | 169 | $145.4559 | $25K |
| Sale | Class A Common Stock | 2,347 | $146.6711 | $344K |
| Sale | Class A Common Stock | 3,264 | $147.436 | $481K |
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 $148.10 to $148.68. 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 $144.01 to $144.83. 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 $145.01 to $145.98. 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 $146.04 to $147.01. 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 $147.04 to $148.03. 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.
FAQ
What does the Atlassian (TEAM) Form 4 filing report?
The Form 4 reports that an entity associated with director and 10% owner Scott Farquhar executed multiple open-market sales of Atlassian Class A Common Stock on January 12, 2026 under a pre-arranged Rule 10b5-1 trading plan.
Were the Atlassian (TEAM) insider sales part of a Rule 10b5-1 plan?
Yes. A footnote explains that the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2025, indicating they followed a preset trading schedule.
Is this Atlassian insider transaction a direct or indirect holding for the reporting person?
The holdings are reported as indirect (I) beneficial ownership, with the nature of ownership described in the footnote stating that shares are held by Farquhar Investment Partnership No. 2.