Form 4: Atlassian Director Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Atlassian Director and 10% Owner Scott Farquhar sold 7,665 shares of Class A Common Stock on November 25, 2025, through a pre-arranged trading plan.
Summary
- Scott Farquhar, a Director and 10% Owner of Atlassian Corp (TEAM), reported multiple sales of Class A Common Stock.
- A total of 7,665 shares were sold on November 25, 2025.
- These transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on February 12, 2025.
- The sales occurred at weighted-average prices ranging from $147.1966 to $150.7129 per share.
- Following these transactions, Farquhar's indirect beneficial ownership through Farquhar Investment Partnership No. 2 is 183,960 shares.
Sentiment
Score: 5
Explanation: The filing reports pre-scheduled insider stock sales under a Rule 10b5-1 plan, which is a routine disclosure and does not inherently convey positive or negative sentiment regarding the company's immediate prospects.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Reduced insider ownership, though the sales were pre-scheduled under a Rule 10b5-1 plan, which typically mitigates concerns about the timing of the sales.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date Rule 10b5-1 trading plan was adopted by Scott Farquhar. |
| 11/25/2025 | Date of reported Class A Common Stock sales. |
| 11/26/2025 | Date the Form 4 was signed by attorney-in-fact. |
Keywords
Atlassian, TEAM, Scott Farquhar, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Director, 10% Owner
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