Atlassian director Scott Farquhar sells 7,665 shares

Atlassian Corp director and 10% owner Scott Farquhar reported a net sale of 7,665 shares of Class A Common Stock on August 11, 2025, through indirect holdings in Farquhar Investment Partnership No. 2, in open-market or private transactions.

Rhea-AI Filing Summary

Atlassian Corp director and 10% owner Scott Farquhar reported a net sale of 7,665 shares of Class A Common Stock on August 11, 2025, through indirect holdings in Farquhar Investment Partnership No. 2, in open-market or private transactions.

Trades were executed throughout the day at prices roughly between $158.12 and $171.05 per share, with weighted-average prices reported for each block. Following these transactions, an entity associated with Farquhar holds 268,275 Atlassian Class A shares indirectly. At least one sale was effected under a Rule 10b5-1 trading plan adopted on February 12, 2025.

Insights

Financial Analyst

TL;DR Director sold 7,665 TEAM shares under a pre-established 10b5-1 plan; modest reduction in indirect holdings across $158–$171 price range.

The Form 4 lists a series of 12 sales executed under a Rule 10b5-1 plan, with weighted-average prices reported per entry and a disclosed price band of $158.12–$171.05. The total listed quantity across the entries is 7,665 shares and the reported beneficial ownership after the transactions moved from 275,240 to 268,275 shares (indirect). These transactions are consistent with pre-planned sales and carry limited immediate informational content about Atlassian's operating performance, though they reduce the reporting person's indirect stake by several thousand shares.

Corporate Governance Expert

TL;DR Sales executed under a documented 10b5-1 plan show compliance and transparency, while reducing an insider's indirect holdings modestly.

The filing identifies the trades as effected pursuant to a 10b5-1 plan and discloses detailed weighted-average prices and trade ranges for multiple executions. Ownership is held indirectly through Farquhar Investment Partnership No. 2, and the Form 4 includes an undertaking to provide full execution details on request. From a governance perspective, use of a documented trading plan and clear footnote disclosure supports procedural compliance and transparency for investors monitoring insider activity.

Insider Trade Summary

Net Seller: 7,665 shares

Net Sell 12 txns

Insider Farquhar Scott

Role Director, 10% Owner

Sold 7,665 shs ($1.25M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	700	$158.7222	$111K
Sale	Class A Common Stock	450	$165.0417	$74K
Sale	Class A Common Stock	760	$168.7272	$128K
Sale	Class A Common Stock	450	$164.1155	$74K
Sale	Class A Common Stock	900	$167.6535	$151K
Sale	Class A Common Stock	200	$170.765	$34K
Sale	Class A Common Stock	750	$162.9176	$122K
Sale	Class A Common Stock	200	$166.4625	$33K
Sale	Class A Common Stock	450	$161.5868	$73K
Sale	Class A Common Stock	1,335	$160.5259	$214K
Sale	Class A Common Stock	350	$169.6343	$59K
Sale	Class A Common Stock	1,120	$159.7314	$179K

Holdings After Transaction: Class A Common Stock — 268,275 shares (Indirect, See Footnote)

Footnotes (14)

1. F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025.
2. F10. This transaction was executed in multiple trades during the day at prices ranging from $166.15 to $167.00. 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. F11. This transaction was executed in multiple trades during the day at prices ranging from $161.15 to $162.05. 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.
4. F12. This transaction was executed in multiple trades during the day at prices ranging from $160.12 to $161.10. 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. F13. This transaction was executed in multiple trades during the day at prices ranging from $169.27 to $170.08. 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. F14. This transaction was executed in multiple trades during the day at prices ranging from $159.12 to $160.10. 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. F2. This transaction was executed in multiple trades during the day at prices ranging from $158.12 to $159.10. 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. F3. Shares are held by Farquhar Investment Partnership No. 2.
9. F4. This transaction was executed in multiple trades during the day at prices ranging from $164.68 to $165.54. 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.
10. F5. This transaction was executed in multiple trades during the day at prices ranging from $168.18 to $169.13. 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.
11. F6. This transaction was executed in multiple trades during the day at prices ranging from $163.56 to $164.50. 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.
12. F7. This transaction was executed in multiple trades during the day at prices ranging from $167.15 to $168.12. 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.
13. F8. This transaction was executed in multiple trades during the day at prices ranging from $170.42 to $171.05. 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.
14. F9. This transaction was executed in multiple trades during the day at prices ranging from $162.50 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.

Key Figures

Shares sold: 7,665 shares Number of sale transactions: 12 Post-transaction indirect holdings: 268,275 shares +3 more

6 metrics

Shares sold 7,665 shares Aggregate Class A Common Stock sold on August 11, 2025

Number of sale transactions 12 Separate sale entries of Class A Common Stock on August 11, 2025

Post-transaction indirect holdings 268,275 shares Class A Common Stock indirectly held after reported sales

Lowest intraday sale price $158.12 per share From disclosed price range $158.12 to $159.10 in footnotes

Highest intraday sale price $171.05 per share From disclosed price range $170.42 to $171.05 in footnotes

Rule 10b5-1 plan adoption date February 12, 2025 Date Farquhar’s trading plan referenced in the footnote was adopted

Key Terms

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

4 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

"The weighted-average price is reported above for the transaction block"

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>indirect</ownership_type><nature_of_ownership>See Footnote</nature_of_ownership>"

Class A Common Stock financial

"security_title>Class A Common Stock</security_title>"

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.

FAQ

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

What insider transaction did Scott Farquhar report for TEAM?

Scott Farquhar reported a net sale of 7,665 Atlassian Corp (TEAM) Class A shares on August 11, 2025. The shares were sold indirectly through Farquhar Investment Partnership No. 2 in open-market or private transactions documented across twelve separate sale entries.

How many Atlassian Corp (TEAM) shares does Scott Farquhar hold after this Form 4?

After the reported sales, an entity associated with Scott Farquhar holds 268,275 shares of Atlassian Class A Common Stock indirectly. These post-transaction holdings are reported as indirect ownership with nature of ownership "See Footnote," referencing Farquhar Investment Partnership No. 2.

At what prices were Scott Farquhar's TEAM shares sold on August 11, 2025?

The reported sales were executed in multiple trades at intraday prices ranging roughly from $158.12 to $171.05 per share. For each sale block, a weighted-average price is reported, with detailed trade counts and exact prices available upon request as noted in the footnotes.

Were Scott Farquhar's TEAM share sales made under a trading plan?

At least one of the reported sales was effected pursuant to a Rule 10b5-1 trading plan adopted by Scott Farquhar on February 12, 2025. The footnote specifies that the transaction followed this pre-arranged plan, providing context for the timing of the trade activity.

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

The Form 4 shows 12 separate sale transactions of Atlassian Corp (TEAM) Class A Common Stock on August 11, 2025. Together these entries represent an aggregate 7,665 shares sold, all reported as indirect ownership sales through Farquhar Investment Partnership No. 2.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 08/12/2025 - 05:17 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)
08/11/2025

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	08/11/2025		S(1)		700	D	$158.7222(2)	275,240	I	See Footnote(3)
Class A Common Stock	08/11/2025		S(1)		450	D	$165.0417(4)	274,790	I	See Footnote(3)
Class A Common Stock	08/11/2025		S(1)		760	D	$168.7272(5)	274,030	I	See Footnote(3)
Class A Common Stock	08/11/2025		S(1)		450	D	$164.1155(6)	273,580	I	See Footnote(3)
Class A Common Stock	08/11/2025		S(1)		900	D	$167.6535(7)	272,680	I	See Footnote(3)
Class A Common Stock	08/11/2025		S(1)		200	D	$170.765(8)	272,480	I	See Footnote(3)
Class A Common Stock	08/11/2025		S(1)		750	D	$162.9176(9)	271,730	I	See Footnote(3)
Class A Common Stock	08/11/2025		S(1)		200	D	$166.4625(10)	271,530	I	See Footnote(3)
Class A Common Stock	08/11/2025		S(1)		450	D	$161.5868(11)	271,080	I	See Footnote(3)
Class A Common Stock	08/11/2025		S(1)		1,335	D	$160.5259(12)	269,745	I	See Footnote(3)
Class A Common Stock	08/11/2025		S(1)		350	D	$169.6343(13)	269,395	I	See Footnote(3)
Class A Common Stock	08/11/2025		S(1)		1,120	D	$159.7314(14)	268,275	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 $158.12 to $159.10. 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 $164.68 to $165.54. 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.

5. This transaction was executed in multiple trades during the day at prices ranging from $168.18 to $169.13. 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 $163.56 to $164.50. 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 $167.15 to $168.12. 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 $170.42 to $171.05. 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.

9. This transaction was executed in multiple trades during the day at prices ranging from $162.50 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.

10. This transaction was executed in multiple trades during the day at prices ranging from $166.15 to $167.00. 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.

11. This transaction was executed in multiple trades during the day at prices ranging from $161.15 to $162.05. 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.

12. This transaction was executed in multiple trades during the day at prices ranging from $160.12 to $161.10. 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.

13. This transaction was executed in multiple trades during the day at prices ranging from $169.27 to $170.08. 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.

14. This transaction was executed in multiple trades during the day at prices ranging from $159.12 to $160.10. 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	08/12/2025
	** 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.