Director and 10% owner trims Atlassian (TEAM) stake in Rule 10b5-1 sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian Corp (TEAM) disclosed insider share sales by a director and 10% owner. On 11/18/2025, the reporting person sold four blocks of Atlassian Class A common stock totaling 7,665 shares at weighted-average prices between $145.9973 and $148.8565.
All transactions were coded as "S" (sales) and were made under a pre‑arranged Rule 10b5‑1 trading plan adopted on February 12, 2025. Following these sales, the reporting person indirectly beneficially owned 222,285 Class A shares, held through Farquhar Investment Partnership No. 2.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares ($1,131,843)
Net Sell
4 txns
Insider
Farquhar Scott
Role
Director, 10% Owner
Sold
7,665 shs ($1.13M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,199 | $146.974 | $323K |
| Sale | Class A Common Stock | 1,104 | $145.9973 | $161K |
| Sale | Class A Common Stock | 2,030 | $148.8565 | $302K |
| Sale | Class A Common Stock | 2,332 | $148.0651 | $345K |
Holdings After Transaction:
Class A Common Stock — 227,751 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 $146.45 to $147.44. 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 $145.45 to $146.37. 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 $148.49 to $149.40. 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 $147.45 to $148.44. 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 did the Atlassian (TEAM) insider report on this Form 4?
The filing reports that a director and 10% owner of Atlassian Corp (TEAM) sold 7,665 shares of Class A common stock on 11/18/2025 in four separate transactions.
Was the Atlassian (TEAM) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected under a Rule 10b5‑1 trading plan adopted by the reporting person on February 12, 2025.
How is the insider’s Atlassian (TEAM) ownership held?
The filing notes that the shares are held indirectly through Farquhar Investment Partnership No. 2.
What is the insider’s relationship to Atlassian (TEAM)?
The reporting person is identified as both a Director and a 10% Owner of Atlassian Corp.
Can investors obtain detailed trade prices from this Atlassian (TEAM) Form 4?
Yes. The reporting person undertakes to provide the SEC staff, issuer, or a security holder full details of share counts and prices upon request.