Form 4: Atlassian Director Scott Farquhar Sells TEAM Stock

Atlassian Director and 10% owner Scott Farquhar reported the sale of 7,665 shares of Class A Common Stock under a pre-arranged 10b5-1 trading plan.

Summary

• Scott Farquhar, a Director and 10% owner of Atlassian Corp (TEAM), sold a total of 7,665 shares of Class A Common Stock.
• The transactions occurred on October 13, 2025, and were executed pursuant to a Rule 10b5-1 trading plan adopted on February 12, 2025.
• The sales were conducted in multiple trades at weighted-average prices ranging from $145.71 to $148.8524 per share.
• Following these transactions, Scott Farquhar's indirect beneficial ownership stands at 421,575 shares of Class A Common Stock, held by Farquhar Investment Partnership No. 2.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the reported sales were conducted under a pre-arranged 10b5-1 trading plan, which typically signals a planned financial management decision rather than a reaction to new company-specific information.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction disclosure, common for executives and directors who often use 10b5-1 plans to manage their equity holdings for diversification or liquidity purposes, mitigating concerns about opportunistic selling.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are pre-planned sales by an insider, not indicative of new company performance information.

Key Dates

Keywords

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