TEAM.NASDAQAtlassian CORP

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

Sentiment:

Insider Transaction Report


Atlassian Director and 10% Owner Scott Farquhar sold 7,665 shares of Class A Common Stock on January 14, 2026, under a pre-arranged trading plan.

Summary

  • Scott Farquhar, a Director and 10% Owner of Atlassian Corp, reported the sale of Class A Common Stock.
  • The transactions occurred on January 14, 2026.
  • A total of 7,665 shares were sold across six separate transactions.
  • The sales were executed at weighted-average prices ranging from $131.8763 to $137.5933 per share.
  • These sales were conducted pursuant to a Rule 10b5-1 trading plan adopted on February 12, 2025.
  • Following these transactions, Scott Farquhar beneficially owns 398,580 shares of Class A Common Stock indirectly through Farquhar Investment Partnership No. 2.

Sentiment

Score: 5

Explanation: The filing reports routine insider stock sales executed under a pre-arranged 10b5-1 trading plan, which is a common practice for executives and directors to manage their equity holdings. Such planned sales are generally considered neutral in terms of market sentiment as they do not typically reflect new information about the company's performance or outlook.

Future Outlook

N/A

Industry Context

N/A

Related Party Transactions

  • Shares are held indirectly by Farquhar Investment Partnership No. 2, which is a related entity to the reporting person, Scott Farquhar.

Stakeholder Impact

  • The sale of 7,665 shares by a director and 10% owner represents a minor reduction in his overall beneficial ownership, which is unlikely to have a significant impact on shareholders or other stakeholders. The pre-arranged nature of the sale mitigates concerns about its implications.

Key Dates

DateDescription
February 12, 2025Date Rule 10b5-1 trading plan was adopted by Scott Farquhar.
January 14, 2026Date of reported Class A Common Stock sales.
January 15, 2026Date the Form 4 was signed by Attorney-in-Fact.

Keywords

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

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