Atlassian (TEAM) SEC Filings, Jul 25-31, 2025

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.