Atlassian Co-Founder Sells $1.5M in Shares Under Trading Plan
Atlassian Corporation (TEAM) Director and 10% owner Scott Farquhar reported multiple sales of Class A Common Stock on June 20, 2025, executed through a pre-established Rule 10b5-1 trading plan from February 12, 2025.
Rhea-AI Filing Summary
Atlassian Corporation (TEAM) Director and 10% owner Scott Farquhar reported multiple sales of Class A Common Stock on June 20, 2025, executed through a pre-established Rule 10b5-1 trading plan from February 12, 2025.
Key transaction details:
- Total shares sold: 7,665 shares across 8 separate transactions
- Price range: $189.28 to $198.23 per share
- Remaining indirect ownership: 45,990 shares held through Farquhar Investment Partnership No. 2
The transactions were executed at various weighted-average prices, with the largest blocks sold at $191.08 (1,451 shares) and $191.90 (1,885 shares). All shares were held indirectly through Farquhar Investment Partnership No. 2, and the sales were made pursuant to a predetermined trading plan, indicating a structured approach to portfolio management rather than a response to specific market conditions.
Positive
- None.
Negative
- Co-founder Scott Farquhar sold 7,665 shares worth approximately $1.47M through a pre-planned 10b5-1 trading program, reducing his indirect holdings to 45,990 shares
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,451 | $191.0848 | $277K |
| Sale | Class A Common Stock | 1,885 | $191.8977 | $362K |
| Sale | Class A Common Stock | 871 | $189.6933 | $165K |
| Sale | Class A Common Stock | 1,746 | $193.161 | $337K |
| Sale | Class A Common Stock | 150 | $196.3896 | $29K |
| Sale | Class A Common Stock | 250 | $195.9708 | $49K |
| Sale | Class A Common Stock | 153 | $198.1732 | $30K |
| Sale | Class A Common Stock | 1,159 | $193.9809 | $225K |
Footnotes (10)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025.
- F10. This transaction was executed in multiple trades during the day at prices ranging from $193.61 to $194.58. 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.
- F2. This transaction was executed in multiple trades during the day at prices ranging from $190.57 to $191.54. 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.
- F3. Shares are held by Farquhar Investment Partnership No. 2.
- F4. This transaction was executed in multiple trades during the day at prices ranging from $191.57 to $192.52. 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.
- F5. This transaction was executed in multiple trades during the day at prices ranging from $189.28 to $190.22. 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.
- F6. This transaction was executed in multiple trades during the day at prices ranging from $192.61 to $193.60. 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.
- F7. This transaction was executed in multiple trades during the day at prices ranging from $196.33 to $196.48. 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.
- F8. This transaction was executed in multiple trades during the day at prices ranging from $195.33 to $196.32. 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.
- F9. This transaction was executed in multiple trades during the day at prices ranging from $197.50 to $198.23. 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.
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