Form 4: Atlassian Director Farquhar Sells Shares via 10b5-1 Plan

Atlassian Director and 10% owner Scott Farquhar sold 7,665 Class A Common Stock shares on December 19, 2025, through a pre-arranged 10b5-1 trading plan.

Summary

• Scott Farquhar, a Director and 10% owner of Atlassian Corp [TEAM], disposed of Class A Common Stock.
• A total of 7,665 shares were sold across five separate transactions on December 19, 2025.
• The sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Farquhar on February 12, 2025.
• The shares were sold at weighted-average prices ranging from $161.3296 to $165.59 per share.
• Following these transactions, Mr. Farquhar's indirect beneficial ownership stands at 53,655 Class A Common Stock shares, held by Farquhar Investment Partnership No. 2.

Sentiment

Score: 5

Explanation: The filing reports a pre-scheduled sale of shares by an insider under a Rule 10b5-1 plan, which is a routine event and does not inherently signal positive or negative sentiment regarding the company's future performance.

Future Outlook

NA

Industry Context

This filing reports a routine insider transaction and does not provide information directly related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: The sale of shares by a director, even if pre-planned, represents a slight reduction in insider ownership, which is generally viewed as a neutral event given the pre-scheduled nature of the transaction.

Key Dates

Recommendation

The filing details a pre-scheduled sale of shares by a director under a Rule 10b5-1 plan. Such routine transactions do not typically indicate a change in the company's fundamental outlook or warrant a change in investment recommendation based solely on this disclosure.

Keywords

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