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

Director Scott Farquhar sold shares of Atlassian Corp Class A Common Stock on May 16, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On May 16, 2025, Scott Farquhar, a director of Atlassian Corp, executed multiple sales of Class A Common Stock.
• The sales were conducted under a Rule 10b5-1 trading plan adopted on February 14, 2024.
• A total of 7,948 shares were sold at weighted average prices ranging from $219.9579 to $222.6974.
• The transactions resulted in a decrease in the number of shares directly held by Farquhar, while the number of indirectly held shares through a trust decreased from 117,720 to 111,272.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating routine stock sales by a company director under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider and is a common practice among publicly traded companies. The use of a 10b5-1 trading plan allows insiders to sell shares over a period of time without being accused of trading on inside information.

Key Dates

Keywords

Atlassian, TEAM, Scott Farquhar, Director, Stock Sale, Rule 10b5-1, Class A Common Stock, SEC Form 4