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

Atlassian Director and 10% owner Scott Farquhar sold 7,665 shares of Class A Common Stock on January 15, 2026, under a pre-arranged 10b5-1 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 January 15, 2026, 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 $128.2504 to $133.454 per share.
• Following these transactions, the indirect beneficial ownership of Class A Common Stock by Farquhar Investment Partnership No. 2 decreased from 398,330 shares to 390,915 shares.

Sentiment

Score: 5

Explanation: The filing reports a routine insider sale executed under a pre-arranged 10b5-1 trading plan, which is generally considered a neutral event and does not reflect a change in management's confidence or company fundamentals.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

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

Related Party Transactions

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

Stakeholder Impact

• Shareholders may note a director's sale of shares, which is a routine event when conducted under a 10b5-1 plan and typically does not indicate a change in company fundamentals or a lack of confidence by the insider.

Key Dates

Keywords

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