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

Atlassian Corp Director and 10% Owner Scott Farquhar sold 7,665 Class A Common Stock shares on November 26, 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.
• On November 26, 2025, Farquhar disposed of 1,650 shares at a weighted-average price of $148.7565 per share.
• On the same date, an additional 6,015 shares were sold at a weighted-average price of $148.1568 per share.
• The total number of shares sold was 7,665.
• These transactions were executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Farquhar on February 12, 2025.
• Following these transactions, Mr. Farquhar indirectly beneficially owns 176,295 shares of Class A Common Stock through Farquhar Investment Partnership No. 2.

Sentiment

Score: 5

Explanation: The filing reports a pre-scheduled insider sale under a 10b5-1 plan, which is generally considered a neutral event for the company's operational or financial outlook.

Future Outlook

NA

Industry Context

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

Related Party Transactions

• Scott Farquhar, a Director and 10% Owner of Atlassian Corp, executed sales of Class A Common Stock.
• The shares involved in the transactions are held indirectly by Farquhar Investment Partnership No. 2, an entity related to the reporting person.

Stakeholder Impact

• Shareholders: May observe the insider selling activity, although the pre-arranged 10b5-1 plan typically indicates personal financial planning rather than a reaction to new company-specific information.

Key Dates

Recommendation

The filing reports a routine insider sale by a director and 10% owner under a pre-arranged 10b5-1 trading plan. Such transactions are typically for personal financial planning and do not usually signal a change in the company's fundamental outlook or warrant a change in investment recommendation.

Keywords

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