Form 4: Atlassian Director Scott Farquhar Executes Stock Sales Under 10b5-1 Plan

Director Scott Farquhar sold shares of Atlassian Corp (TEAM) on May 15, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On May 15, 2025, Scott Farquhar, a director at Atlassian Corp, executed multiple sales of Class A Common Stock.
• These transactions were carried out under a pre-existing Rule 10b5-1 trading plan adopted on February 14, 2024.
• The sales were executed at varying prices, with weighted-average prices ranging from $218.0181 to $222.0221.
• Farquhar sold 699 shares at a weighted average price of $222.0221.
• Farquhar sold 3,119 shares at a weighted average price of $220.4273.
• Farquhar sold 2,803 shares at a weighted average price of $221.2399.
• Farquhar sold 800 shares at a weighted average price of $218.0181.
• Farquhar sold 527 shares at a weighted average price of $219.3233.
• Following these transactions, Farquhar directly owns 126,469 shares and indirectly owns 119,220 shares through the Farquhar Family Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock sales by a company director under a pre-arranged trading plan, indicating a neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions and provides transparency to the market regarding the trading activities of company insiders.

Stakeholder Impact

• The stock sales by a director may have a minor impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates concerns about opportunistic trading.

Key Dates

Keywords

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