Form 4: Atlassian Co-CEO Scott Farquhar Sells Shares

Atlassian Co-CEO Scott Farquhar reported multiple sales of Class A Common Stock totaling 7,665 shares on November 11, 2025, pursuant to a Rule 10b5-1 trading plan.

Summary

• Scott Farquhar, a Director and 10% Owner of Atlassian Corp (TEAM), reported the sale of 7,665 shares of Class A Common Stock.
• The transactions occurred on November 11, 2025, and were executed under a Rule 10b5-1 trading plan adopted on February 12, 2025.
• The shares were sold in multiple trades at weighted-average prices ranging from $157.5925 to $164.1 per share.
• Following these transactions, Scott Farquhar's indirect beneficial ownership stands at 260,610 shares, held by Farquhar Investment Partnership No. 2.

Sentiment

Score: 5

Explanation: The filing reports a pre-scheduled insider stock sale under a Rule 10b5-1 plan, which is a routine event and generally considered neutral in terms of immediate sentiment impact, as it reflects a pre-determined personal financial management strategy rather than a reaction to new company-specific news.

Negatives

• An insider, who is a Director and 10% Owner, sold a total of 7,665 shares of Class A Common Stock.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of an insider stock transaction and does not provide information directly related to broader industry trends or competitive landscape. Such transactions are common for executives managing personal portfolios.

Related Party Transactions

• Shares beneficially owned following the reported transactions are held indirectly by Farquhar Investment Partnership No. 2.

Stakeholder Impact

• Shareholders may note the sale of shares by a key executive, though the pre-scheduled nature under a 10b5-1 plan typically mitigates concerns about its implications for company performance or outlook.

Key Dates

Keywords

Atlassian, TEAM, Scott Farquhar, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan