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

Atlassian Director and 10% Owner Scott Farquhar sold 7,665 shares of Class A Common Stock on November 19, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Scott Farquhar, a Director and 10% Owner of Atlassian Corp (TEAM), reported the sale of Class A Common Stock.
• The transactions occurred on November 19, 2025.
• A total of 7,665 shares were disposed across four separate transactions.
• The sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Farquhar on February 12, 2025.
• Weighted-average sale prices for the transactions ranged from $146.8265 to $149.703 per share.
• Following these transactions, Mr. Farquhar's indirect beneficial ownership stands at 214,620 shares of Class A Common Stock, held by Farquhar Investment Partnership No. 2.

Sentiment

Score: 5

Explanation: Neutral, as this is a routine disclosure of an insider stock sale executed under a pre-arranged 10b5-1 trading plan, which is common for executives for diversification and liquidity purposes and does not typically signal a change in company fundamentals.

Future Outlook

This filing is a disclosure of past insider transactions and does not contain any forward-looking statements or guidance regarding Atlassian Corp's future outlook.

Industry Context

This filing reports a routine insider transaction for a director and 10% owner of a publicly traded software company. Such pre-arranged sales under Rule 10b5-1 plans are common for executives to manage personal finances, diversify holdings, and provide liquidity, and are generally not indicative of broader industry trends or competitive positioning.

Stakeholder Impact

• Minimal direct impact on shareholders, employees, customers, suppliers, or creditors, as this is a routine, pre-planned insider stock sale for personal financial management.

Key Dates

Keywords

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