STOCK TITAN

[Form 4] Atlassian Corporation Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

On 07/25/2025 Atlassian Corp. (TEAM) co-founder, Director and 10% owner Scott Farquhar sold an aggregate 7,665 Class A shares across four open-market transactions executed under a Rule 10b5-1 plan adopted 12 Feb 2025. Weighted-average prices ranged from $200.16–$203.64, producing roughly $1.55 million in proceeds. Following the sales, Farquhar—through Farquhar Investment Partnership No. 2—continues to hold 352,590 Class A shares (≈$71 million at the sale price), indicating ongoing exposure. No derivative securities were reported. The activity trims his indirect stake by about 2.1% and appears routine diversification rather than a signal of changing company fundamentals.

Il 25/07/2025, Scott Farquhar, cofondatore, Direttore e proprietario del 10% di Atlassian Corp. (TEAM), ha venduto un totale di 7.665 azioni di Classe A attraverso quattro operazioni sul mercato aperto eseguite secondo un piano Rule 10b5-1 adottato il 12 febbraio 2025. I prezzi medi ponderati sono variati da $200,16 a $203,64, generando circa $1,55 milioni di ricavi. Dopo queste vendite, Farquhar—tramite Farquhar Investment Partnership No. 2—continua a detenere 352.590 azioni di Classe A (circa $71 milioni al prezzo di vendita), mantenendo così un’esposizione significativa. Non sono stati segnalati strumenti derivati. L’operazione riduce la sua partecipazione indiretta di circa il 2,1% e sembra rappresentare una diversificazione di portafoglio piuttosto che un segnale di cambiamento nei fondamentali dell’azienda.

El 25/07/2025, Scott Farquhar, cofundador, Director y propietario del 10% de Atlassian Corp. (TEAM), vendió un total de 7.665 acciones Clase A en cuatro transacciones en el mercado abierto realizadas bajo un plan Rule 10b5-1 adoptado el 12 de febrero de 2025. Los precios promedio ponderados oscilaron entre $200.16 y $203.64, generando aproximadamente $1.55 millones en ingresos. Tras las ventas, Farquhar—a través de Farquhar Investment Partnership No. 2—continúa poseyendo 352.590 acciones Clase A (aproximadamente $71 millones al precio de venta), manteniendo así una exposición significativa. No se reportaron valores derivados. La operación reduce su participación indirecta en alrededor del 2.1% y parece ser una diversificación rutinaria más que una señal de cambios en los fundamentos de la empresa.

2025년 7월 25일, Atlassian Corp.(TEAM)의 공동 창립자이자 이사이며 10% 지분 보유자인 Scott Farquhar가 2025년 2월 12일 채택된 Rule 10b5-1 계획에 따라 네 차례에 걸쳐 공개 시장에서 총 7,665주 클래스 A 주식을 매도했습니다. 가중 평균 가격은 $200.16에서 $203.64 사이였으며, 약 $155만의 수익을 창출했습니다. 매도 후에도 Farquhar는 Farquhar Investment Partnership No. 2를 통해 352,590주 클래스 A 주식(매도 가격 기준 약 $7,100만)을 계속 보유하며 지속적인 노출을 유지하고 있습니다. 파생 증권은 보고되지 않았습니다. 이번 매도는 그의 간접 지분을 약 2.1% 줄였으며, 회사의 기본적인 펀더멘털 변화보다는 일상적인 포트폴리오 다각화로 보입니다.

Le 25/07/2025, Scott Farquhar, cofondateur, administrateur et détenteur de 10 % d’Atlassian Corp. (TEAM), a vendu un total de 7 665 actions de Classe A lors de quatre transactions sur le marché libre réalisées dans le cadre d’un plan Rule 10b5-1 adopté le 12 février 2025. Les prix moyens pondérés variaient entre 200,16 $ et 203,64 $, générant environ 1,55 million de dollars de recettes. Après ces ventes, Farquhar—via Farquhar Investment Partnership No. 2—détient toujours 352 590 actions de Classe A (environ 71 millions de dollars au prix de vente), conservant ainsi une exposition significative. Aucun produit dérivé n’a été déclaré. Cette opération réduit sa participation indirecte d’environ 2,1 % et semble constituer une diversification de portefeuille de routine plutôt qu’un signe de changement dans les fondamentaux de l’entreprise.

Am 25.07.2025 verkaufte Scott Farquhar, Mitbegründer, Direktor und 10%-Eigentümer von Atlassian Corp. (TEAM), insgesamt 7.665 Class-A-Aktien in vier Transaktionen am offenen Markt, die im Rahmen eines Rule 10b5-1-Plans vom 12. Februar 2025 durchgeführt wurden. Die gewichteten Durchschnittspreise lagen zwischen $200,16 und $203,64, was Erlöse von etwa 1,55 Millionen US-Dollar ergab. Nach den Verkäufen hält Farquhar über die Farquhar Investment Partnership No. 2 weiterhin 352.590 Class-A-Aktien (entspricht etwa 71 Millionen US-Dollar zum Verkaufspreis) und bleibt somit bedeutend engagiert. Es wurden keine Derivate gemeldet. Die Transaktion reduziert seinen indirekten Anteil um etwa 2,1% und stellt eher eine routinemäßige Diversifikation als ein Signal für eine Veränderung der Unternehmensgrundlagen dar.

Positive
  • Sales executed under a pre-arranged Rule 10b5-1 plan, minimizing potential market-timing concerns.
  • Insider still holds 352,590 shares, maintaining significant alignment with shareholder interests.
Negative
  • Director and 10% owner reduced his stake by 7,665 shares, which may be viewed negatively by some investors.
  • All reported transactions were sales with no offsetting insider purchases, offering no positive counter-signal.

Insights

TL;DR: Small, planned insider sale; minimal impact on investment thesis.

7,665 shares represent ~2% of Farquhar’s indirect holdings and <0.2% of total Class A float, so market impact is negligible. Execution under a 10b5-1 plan reduces signaling risk. The retained 352,590-share position suggests continued commitment. I view the filing as neutral; no revision to valuation or outlook warranted.

TL;DR: Insider selling always merits monitoring, but plan-based nature tempers concern.

While any director sale can raise governance questions, the pre-scheduled 10b5-1 structure and modest size mitigate red flags. Investors should watch for accelerating sales or plan amendments, yet this single event does not imply adverse insider information. Overall governance risk remains low.

Il 25/07/2025, Scott Farquhar, cofondatore, Direttore e proprietario del 10% di Atlassian Corp. (TEAM), ha venduto un totale di 7.665 azioni di Classe A attraverso quattro operazioni sul mercato aperto eseguite secondo un piano Rule 10b5-1 adottato il 12 febbraio 2025. I prezzi medi ponderati sono variati da $200,16 a $203,64, generando circa $1,55 milioni di ricavi. Dopo queste vendite, Farquhar—tramite Farquhar Investment Partnership No. 2—continua a detenere 352.590 azioni di Classe A (circa $71 milioni al prezzo di vendita), mantenendo così un’esposizione significativa. Non sono stati segnalati strumenti derivati. L’operazione riduce la sua partecipazione indiretta di circa il 2,1% e sembra rappresentare una diversificazione di portafoglio piuttosto che un segnale di cambiamento nei fondamentali dell’azienda.

El 25/07/2025, Scott Farquhar, cofundador, Director y propietario del 10% de Atlassian Corp. (TEAM), vendió un total de 7.665 acciones Clase A en cuatro transacciones en el mercado abierto realizadas bajo un plan Rule 10b5-1 adoptado el 12 de febrero de 2025. Los precios promedio ponderados oscilaron entre $200.16 y $203.64, generando aproximadamente $1.55 millones en ingresos. Tras las ventas, Farquhar—a través de Farquhar Investment Partnership No. 2—continúa poseyendo 352.590 acciones Clase A (aproximadamente $71 millones al precio de venta), manteniendo así una exposición significativa. No se reportaron valores derivados. La operación reduce su participación indirecta en alrededor del 2.1% y parece ser una diversificación rutinaria más que una señal de cambios en los fundamentos de la empresa.

2025년 7월 25일, Atlassian Corp.(TEAM)의 공동 창립자이자 이사이며 10% 지분 보유자인 Scott Farquhar가 2025년 2월 12일 채택된 Rule 10b5-1 계획에 따라 네 차례에 걸쳐 공개 시장에서 총 7,665주 클래스 A 주식을 매도했습니다. 가중 평균 가격은 $200.16에서 $203.64 사이였으며, 약 $155만의 수익을 창출했습니다. 매도 후에도 Farquhar는 Farquhar Investment Partnership No. 2를 통해 352,590주 클래스 A 주식(매도 가격 기준 약 $7,100만)을 계속 보유하며 지속적인 노출을 유지하고 있습니다. 파생 증권은 보고되지 않았습니다. 이번 매도는 그의 간접 지분을 약 2.1% 줄였으며, 회사의 기본적인 펀더멘털 변화보다는 일상적인 포트폴리오 다각화로 보입니다.

Le 25/07/2025, Scott Farquhar, cofondateur, administrateur et détenteur de 10 % d’Atlassian Corp. (TEAM), a vendu un total de 7 665 actions de Classe A lors de quatre transactions sur le marché libre réalisées dans le cadre d’un plan Rule 10b5-1 adopté le 12 février 2025. Les prix moyens pondérés variaient entre 200,16 $ et 203,64 $, générant environ 1,55 million de dollars de recettes. Après ces ventes, Farquhar—via Farquhar Investment Partnership No. 2—détient toujours 352 590 actions de Classe A (environ 71 millions de dollars au prix de vente), conservant ainsi une exposition significative. Aucun produit dérivé n’a été déclaré. Cette opération réduit sa participation indirecte d’environ 2,1 % et semble constituer une diversification de portefeuille de routine plutôt qu’un signe de changement dans les fondamentaux de l’entreprise.

Am 25.07.2025 verkaufte Scott Farquhar, Mitbegründer, Direktor und 10%-Eigentümer von Atlassian Corp. (TEAM), insgesamt 7.665 Class-A-Aktien in vier Transaktionen am offenen Markt, die im Rahmen eines Rule 10b5-1-Plans vom 12. Februar 2025 durchgeführt wurden. Die gewichteten Durchschnittspreise lagen zwischen $200,16 und $203,64, was Erlöse von etwa 1,55 Millionen US-Dollar ergab. Nach den Verkäufen hält Farquhar über die Farquhar Investment Partnership No. 2 weiterhin 352.590 Class-A-Aktien (entspricht etwa 71 Millionen US-Dollar zum Verkaufspreis) und bleibt somit bedeutend engagiert. Es wurden keine Derivate gemeldet. Die Transaktion reduziert seinen indirekten Anteil um etwa 2,1% und stellt eher eine routinemäßige Diversifikation als ein Signal für eine Veränderung der Unternehmensgrundlagen dar.

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).
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)
07/25/2025
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 07/25/2025 S(1) 688 D $203.4097(2) 359,567 I See Footnote(3)
Class A Common Stock 07/25/2025 S(1) 800 D $200.572(4) 358,767 I See Footnote(3)
Class A Common Stock 07/25/2025 S(1) 782 D $201.8657(5) 357,985 I See Footnote(3)
Class A Common Stock 07/25/2025 S(1) 5,395 D $202.8341(6) 352,590 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 $203.31 to $203.64. 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 $200.16 to $201.14. 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 $201.29 to $202.21. 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 $202.29 to $203.27. 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 07/28/2025
** 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.

FAQ

How many TEAM shares did Scott Farquhar sell on 25 July 2025?

He sold 7,665 Class A shares in four separate transactions.

What price range did the Atlassian insider sales occur at?

Weighted-average prices ranged from $200.16 to $203.64 per share.

Does Scott Farquhar still own TEAM stock after these transactions?

Yes. He continues to hold 352,590 Class A shares indirectly through Farquhar Investment Partnership No. 2.

Was the sale executed under a 10b5-1 trading plan?

Yes. The Form 4 states the trades were made under a plan adopted on 12 Feb 2025.

Were any derivative securities involved in this Form 4 filing?

No. The filing lists no derivative transactions.

What percentage of Farquhar’s holdings did the sale represent?

Approximately 2.1 % of his indirect Class A shareholding.
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