Form 4: Atlassian Director Scott Farquhar Sells Shares Under 10b5-1 Trading Plan

Atlassian director Scott Farquhar sold shares of Class A Common Stock on April 14, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Scott Farquhar, a director and 10% owner of Atlassian Corp, sold shares of Class A Common Stock on April 14, 2025.
• The sales were executed under a Rule 10b5-1 trading plan adopted on February 14, 2024.
• The transactions involved multiple trades at varying prices, with weighted-average prices reported for each set of trades.
• The shares are held by Skip Enterprises Pty Limited as trustee for the Farquhar Family Trust.
• A total of 8,238 shares were sold on April 14, 2025.
• The sales prices ranged from $198.74 to $209.93 per share.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to pre-planned stock sales by a company director. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Sales by insiders are a common occurrence and are often pre-planned to avoid accusations of trading on inside information. The use of a 10b5-1 plan allows insiders to sell shares at predetermined times and prices.

Stakeholder Impact

• The sale of shares by a director could have a minor negative impact on shareholder sentiment, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Atlassian, Farquhar, Scott, Share Sale, Form 4, 10b5-1, Director, Beneficial Ownership, Trading Plan, TEAM