Atlassian (TEAM) partner sells 7,665 shares at $118.1886 under plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlassian Corp director and 10% owner Scott Farquhar reported an indirect sale of Class A Common Stock. On January 20, 2026, Farquhar Investment Partnership No. 2 sold 7,665 shares of Atlassian Class A Common Stock at a price of $118.1886 per share, in a transaction coded "S" for sale.
Following this transaction, the filing reports that 375,585 shares of Atlassian Class A Common Stock were beneficially owned indirectly. The sale was carried out under a Rule 10b5-1 trading plan that the reporting person adopted on February 12, 2025, indicating the trades were made according to a pre-established plan rather than on an ad hoc basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,665 shares ($905,916)
Net Sell
1 txn
Insider
Farquhar Scott
Role
Director, 10% Owner
Sold
7,665 shs ($906K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 7,665 | $118.1886 | $906K |
Holdings After Transaction:
Class A Common Stock — 375,585 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. Shares are held by Farquhar Investment Partnership No. 2.
FAQ
What insider transaction did Atlassian (TEAM) disclose in this Form 4?
The filing reports that Farquhar Investment Partnership No. 2, associated with director and 10% owner Scott Farquhar, sold 7,665 shares of Atlassian Class A Common Stock at $118.1886 per share on January 20, 2026.
Was the Atlassian (TEAM) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states that the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2025.
Who is the reporting person in this Atlassian (TEAM) Form 4 and what is their role?
The reporting person is Scott Farquhar, who is identified as both a director and a 10% owner of Atlassian Corp.
What is the transaction code used in this Atlassian (TEAM) Form 4?
The transaction is coded "S" in Table I, which indicates a sale of non-derivative securities.