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 21, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On April 21, 2025, Scott Farquhar, a director of Atlassian Corp, sold multiple blocks of Class A Common Stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on February 14, 2024.
• The transactions were conducted at various prices, ranging from $190.57 to $199.96 per share.
• The total number of shares sold was 7,848.
• Following these transactions, the number of shares beneficially owned indirectly by Farquhar through a trust is 262,284.

Sentiment

Score: 5

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

Industry Context

Sales by insiders are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects. Rule 10b5-1 plans are designed to allow insiders to sell shares without being accused of trading on non-public information.

Key Dates

Keywords

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