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 28, 2025, under a pre-arranged trading plan.

Summary

• Scott Farquhar, a Director and 10% owner of Atlassian Corp (TEAM), reported the sale of 7,665 shares of Class A Common Stock.
• The transactions occurred on November 28, 2025, and were executed pursuant to a Rule 10b5-1 trading plan adopted on February 12, 2025.
• The shares were sold in multiple trades at weighted-average prices ranging from $148.3134 to $151.2247 per share.
• Following these transactions, Farquhar's indirect beneficial ownership stands at 168,630 shares, held by Farquhar Investment Partnership No. 2.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While insider selling can sometimes be perceived negatively, the fact that these sales were conducted under a pre-arranged 10b5-1 trading plan mitigates concerns about discretionary selling based on new, negative information. It's a routine disclosure of a planned transaction.

Negatives

• A Director and 10% owner sold a total of 7,665 shares of Class A Common Stock.

Future Outlook

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

Industry Context

This filing is a routine disclosure of insider stock transactions and does not provide broader industry context or trends.

Related Party Transactions

• The shares are indirectly held by Farquhar Investment Partnership No. 2, an entity related to the reporting person, Scott Farquhar.

Stakeholder Impact

• Shareholders may note the sale of shares by a significant insider, though the pre-arranged nature of the 10b5-1 plan suggests it is not a reaction to recent company performance.

Key Dates

Keywords

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