Form 4: Atlassian Co-Founder Scott Farquhar Sells Over $1.5 Million in Company Stock

Atlassian Corporation Director and 10% owner Scott Farquhar sold 7,665 shares of Class A Common Stock for approximately $1.53 million on June 25, 2025, pursuant to a pre-arranged 10b5-1 trading plan.

Summary

• Scott Farquhar, a Director and 10% owner of Atlassian Corporation (TEAM), sold a total of 7,665 shares of Class A Common Stock on June 25, 2025.
• The sales were executed at weighted-average prices ranging from $197.9366 to $203.7145 per share.
• The total value of the shares sold amounts to approximately $1,530,816.21.
• These transactions were conducted under a Rule 10b5-1 trading plan adopted by Mr. Farquhar on February 12, 2025.
• Following these transactions, Mr. Farquhar's indirect beneficial ownership, held through Farquhar Investment Partnership No. 2, stands at 22,995 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC Form 4 filing disclosing an insider stock sale executed under a pre-arranged 10b5-1 trading plan. Such transactions are generally considered neutral as they are often for personal financial planning and not indicative of company performance or management's confidence.

Future Outlook

NA

Industry Context

NA

Key Dates

Keywords

Atlassian, TEAM, Scott Farquhar, SEC Form 4, Insider Trading, Stock Sale, 10b5-1 Plan, Class A Common Stock, Director, 10% Owner