Atlassian director Farquhar sells 7,665 shares

Atlassian Corp director and 10% owner Scott Farquhar reported selling 7,665 shares of Class A Common Stock on August 15, 2025, in six indirect transactions under a Rule 10b5-1 trading plan adopted February 12, 2025.

Rhea-AI Filing Summary

Atlassian Corp director and 10% owner Scott Farquhar reported selling 7,665 shares of Class A Common Stock on August 15, 2025, in six indirect transactions under a Rule 10b5-1 trading plan adopted February 12, 2025. Trades were executed in multiple lots at weighted-average prices per share, with example ranges from $162.60–$162.79 and $168.41–$168.71. After these sales, shares are held indirectly by Farquhar Investment Partnership No. 2, totaling 237,615 Class A shares.

Insights

Financial Analyst

TL;DR: Routine, pre-planned insider sales; modest reduction in indirect holdings, limited immediate market impact.

The sale of 7,665 Class A shares by Scott Farquhar was executed under a documented Rule 10b5-1 plan, which signals planned liquidity rather than opportunistic timing. The transactions spanned intra-day price ranges from about $162.60 to $168.71 and reduced indirect holdings from 245,180 to 237,615 shares. For investors this is informational: the volumes are small relative to Atlassian's public float, and there is no new operational or financial disclosure here. The filing preserves transparency by noting the entity holding the shares and offering to provide detailed trade data on request.

Corporate Governance Expert

TL;DR: Use of a 10b5-1 plan and clear footnotes indicate governance best practices in insider reporting.

The reporting person disclosed adoption of a 10b5-1 trading plan and provided explanatory footnotes about aggregated executions and pricing ranges, which aligns with good governance and disclosure norms. Holdings are indirect via an investment partnership, and the form reports each disposal line-by-line with post-transaction beneficial ownership. This filing demonstrates compliance and transparency; it does not disclose any change in board role or company governance structure.

Insider Trade Summary

Net Seller: 7,665 shares

Net Sell 6 txns

Insider Farquhar Scott

Role Director, 10% Owner

Sold 7,665 shs ($1.28M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	100	$162.695	$16K
Sale	Class A Common Stock	2,765	$167.7963	$464K
Sale	Class A Common Stock	250	$164.7697	$41K
Sale	Class A Common Stock	3,163	$167.0015	$528K
Sale	Class A Common Stock	1,222	$165.9818	$203K
Sale	Class A Common Stock	165	$168.5998	$28K

Holdings After Transaction: Class A Common Stock — 237,615 shares (Indirect, See Footnote)

Footnotes (8)

1. F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025.
2. F2. This transaction was executed in multiple trades during the day at prices ranging from $162.60 to $162.79. 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.
3. F3. Shares are held by Farquhar Investment Partnership No. 2.
4. F4. This transaction was executed in multiple trades during the day at prices ranging from $167.37 to $168.33. 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.
5. F5. This transaction was executed in multiple trades during the day at prices ranging from $164.24 to $165.19. 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.
6. F6. This transaction was executed in multiple trades during the day at prices ranging from $166.35 to $167.34. 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.
7. F7. This transaction was executed in multiple trades during the day at prices ranging from $165.35 to $166.32. 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.
8. F8. This transaction was executed in multiple trades during the day at prices ranging from $168.41 to $168.71. 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.

Key Figures

Shares sold: 7,665 shares Number of sale transactions: 6 transactions Example weighted-average sale price: $162.6950 per share +3 more

6 metrics

Shares sold 7,665 shares Net sale of Atlassian Class A Common Stock on August 15, 2025

Number of sale transactions 6 transactions Non-derivative sale entries reported for August 15, 2025

Example weighted-average sale price $162.6950 per share Lot of 100 indirectly held shares sold on August 15, 2025

Trade price range example $162.60–$162.79 Disclosed intraday price band for one set of executed trades

Post-transaction holdings 237,615 shares Indirect Atlassian Class A Common Stock position after reported sales

Rule 10b5-1 plan adoption date February 12, 2025 Date Farquhar’s pre-arranged trading plan governing these sales was adopted

Key Terms

Rule 10b5-1 trading plan, weighted-average price, indirect ownership, Class A Common Stock, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted..."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted-average price financial

"This transaction was executed in multiple trades... The weighted-average price is reported above."

Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.

indirect ownership financial

"ownership_type is indirect and nature of ownership is described in a footnote."

Class A Common Stock financial

"Security title for each transaction is Class A Common Stock."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

security holder regulatory

"undertakes to provide upon request to the SEC staff, the issuer or a security holder..."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider sale did Atlassian (TEAM) director Scott Farquhar report?

Scott Farquhar reported selling 7,665 Atlassian Class A shares on August 15, 2025. The six indirect transactions were executed in multiple trades at weighted-average prices per share under a pre-arranged Rule 10b5-1 trading plan.

How many Atlassian (TEAM) shares does Scott Farquhar hold after this sale?

Post-transaction, Farquhar-related holdings total 237,615 Atlassian Class A shares. These shares are held indirectly through Farquhar Investment Partnership No. 2, as described in the ownership footnote accompanying the reported transactions.

At what prices were the TEAM shares sold in Farquhar’s reported transactions?

The sales used weighted-average prices per share, with disclosed trade ranges including $162.60–$162.79 and $168.41–$168.71. Each transaction comprised multiple trades throughout the day within specified price bands.

Was Scott Farquhar’s TEAM stock sale made under a Rule 10b5-1 plan?

Yes, the transactions were effected under a Rule 10b5-1 trading plan adopted by Scott Farquhar on February 12, 2025. This indicates the trades followed a pre-established schedule rather than discretionary timing.

Are Scott Farquhar’s TEAM holdings direct or through an entity?

The reported Atlassian Class A holdings are indirect, with shares held by Farquhar Investment Partnership No. 2. The Form 4 footnote explains this entity-level ownership rather than personal, direct share ownership.

How many separate sale transactions did TEAM insider Scott Farquhar report?

Scott Farquhar reported six non-derivative sale transactions on August 15, 2025. All involved Atlassian Class A Common Stock held indirectly and were executed as multiple trades at weighted-average prices per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/18/2025 - 04:55 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Farquhar Scott

(Last) (First) (Middle)

C/O ATLASSIAN CORPORATION

350 BUSH STREET, FLOOR 13

(Street)

SAN FRANCISCO CA 94104

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Atlassian Corp [ TEAM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/15/2025		S(1)		100	D	$162.695(2)	245,180	I	See Footnote(3)
Class A Common Stock	08/15/2025		S(1)		2,765	D	$167.7963(4)	242,415	I	See Footnote(3)
Class A Common Stock	08/15/2025		S(1)		250	D	$164.7697(5)	242,165	I	See Footnote(3)
Class A Common Stock	08/15/2025		S(1)		3,163	D	$167.0015(6)	239,002	I	See Footnote(3)
Class A Common Stock	08/15/2025		S(1)		1,222	D	$165.9818(7)	237,780	I	See Footnote(3)
Class A Common Stock	08/15/2025		S(1)		165	D	$168.5998(8)	237,615	I	See Footnote(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025.

2. This transaction was executed in multiple trades during the day at prices ranging from $162.60 to $162.79. 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.

3. Shares are held by Farquhar Investment Partnership No. 2.

4. This transaction was executed in multiple trades during the day at prices ranging from $167.37 to $168.33. 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.

5. This transaction was executed in multiple trades during the day at prices ranging from $164.24 to $165.19. 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.

6. This transaction was executed in multiple trades during the day at prices ranging from $166.35 to $167.34. 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.

7. This transaction was executed in multiple trades during the day at prices ranging from $165.35 to $166.32. 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.

8. This transaction was executed in multiple trades during the day at prices ranging from $168.41 to $168.71. 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.

Remarks:

	/s/ Veena Bhatia, Attorney-in-Fact for Farquhar Scott	08/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.