Form 4: Atlassian Director Sells $1.2M in Stock

Atlassian Director and 10% owner Scott Farquhar sold 7,665 shares of Class A Common Stock for approximately $1.2 million on December 24, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Scott Farquhar, a Director and 10% owner of Atlassian Corp (TEAM), reported transactions involving the sale of Class A Common Stock.
• On December 24, 2025, Farquhar disposed of a total of 7,665 shares of Class A Common Stock.
• The sales were executed in multiple trades at weighted-average prices of $161.1647, $162.05, and $160.4384 per share.
• The total value of the shares sold amounts to approximately $1,234,506.50.
• These transactions were conducted pursuant to a Rule 10b5-1 trading plan adopted by Farquhar on February 12, 2025.
• Following these transactions, Farquhar's indirect beneficial ownership through Farquhar Investment Partnership No. 2 stands at 30,660 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The filing reports a routine insider sale under a pre-arranged 10b5-1 plan, which is generally considered neutral in terms of market sentiment as it reflects planned liquidity rather than a reaction to new company-specific news.

Future Outlook

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

Industry Context

This Form 4 filing reports a routine insider transaction and does not provide information directly related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: The sale by a significant insider and 10% owner, while pre-planned, could be noted by investors, but is unlikely to have a material impact given the routine nature of 10b5-1 plans.
• Employees, Customers, Suppliers, Creditors: No direct impact is indicated by this insider trading report.

Key Dates

Keywords

Atlassian, TEAM, Scott Farquhar, Insider Sale, Form 4, 10b5-1 Plan, Equity Transaction