Atlassian (TEAM) director reports 7,665 Rule 10b5-1 share sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian Corp director and 10% owner Scott Farquhar reported multiple sales of Atlassian Class A Common Stock on January 7, 2026, executed under a Rule 10b5-1 trading plan adopted on February 12, 2025. The Form 4 shows an affiliated entity, Farquhar Investment Partnership No. 2, selling a total of 7,665 shares in several transactions at weighted-average prices between $157.8085 and $163.7633. After these sales, the partnership held 436,905 shares of Atlassian Class A Common Stock as indirectly beneficially owned. No derivative securities transactions were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares ($1,234,936)
Net Sell
7 txns
Insider
Farquhar Scott
Role
Director, 10% Owner
Sold
7,665 shs ($1.23M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 250 | $157.8085 | $39K |
| Sale | Class A Common Stock | 150 | $163.7633 | $25K |
| Sale | Class A Common Stock | 1,747 | $162.9511 | $285K |
| Sale | Class A Common Stock | 1,471 | $162.2285 | $239K |
| Sale | Class A Common Stock | 1,244 | $160.8801 | $200K |
| Sale | Class A Common Stock | 1,753 | $160.0867 | $281K |
| Sale | Class A Common Stock | 1,050 | $158.8939 | $167K |
Holdings After Transaction:
Class A Common Stock — 444,320 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 $157.32 to $158.24. 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 $163.69 to $163.86. 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 $162.68 to $163.40. 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 $161.61 to $162.60. 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 $160.58 to $161.57. 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 $159.56 to $160.52. 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 $158.46 to $159.42. 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 insider activity did Atlassian (TEAM) report in this Form 4?
The Form 4 reports that director and 10% owner Scott Farquhar, through indirect ownership, reported multiple open-market sales of Atlassian Class A Common Stock on January 7, 2026.
Does this Atlassian (TEAM) Form 4 include any derivative securities?
No. The filing’s derivative securities table does not list any transactions, indicating no derivative securities were acquired or disposed of in this report.
Were the Atlassian (TEAM) trades executed in single or multiple transactions?
Footnotes explain that each line-item sale was executed in multiple trades during the day, with price ranges disclosed and weighted-average prices reported in the table.