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

Atlassian Corp Director and 10% Owner Scott Farquhar sold 7,665 shares of Class A Common Stock on January 7, 2026, through a pre-arranged Rule 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 January 7, 2026, and were executed pursuant to a Rule 10b5-1 trading plan adopted on February 12, 2025.
• A total of 7,665 shares were disposed of directly by the reporting person.
• The sales were executed in multiple trades throughout the day at weighted-average prices ranging from $157.8085 to $163.7633 per share.
• Following these transactions, Scott Farquhar's direct beneficial ownership of Class A Common Stock is 0 shares.
• Indirect beneficial ownership remains at 436,905 shares, held by Farquhar Investment Partnership No. 2.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the sales were conducted under a pre-arranged 10b5-1 trading plan, which typically indicates a planned diversification or liquidity event rather than a reaction to new material non-public information.

Future Outlook

na

Industry Context

na

Stakeholder Impact

• Minimal direct impact on shareholders as the sales were pre-planned and disclosed, reducing the likelihood of market surprise.

Key Dates

Recommendation

The reported transactions are routine insider sales executed under a pre-arranged Rule 10b5-1 trading plan, which typically indicates a diversification strategy rather than a change in management's outlook on the company's future performance. As such, these sales do not provide new information that would warrant a change in investment recommendation based solely on this filing.

Keywords

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