Form 4: Atlassian Director Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Atlassian Corp Director and 10% owner Scott Farquhar sold 7,665 shares of Class A Common Stock for $118.1886 per share under a pre-arranged 10b5-1 trading plan.
Summary
- Scott Farquhar, a Director and 10% Owner of Atlassian Corp (TEAM), reported a transaction involving Class A Common Stock.
- The transaction, a sale of 7,665 shares, occurred on January 20, 2026.
- The shares were sold at a price of $118.1886 per share.
- This sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Farquhar on February 12, 2025.
- Following this transaction, Mr. Farquhar beneficially owns 375,585 shares of Class A Common Stock indirectly through Farquhar Investment Partnership No. 2.
Sentiment
Score: 5
Explanation: Neutral, as this is a routine insider transaction report under a pre-arranged plan, not indicative of company performance or significant new information.
Related Party Transactions
- Shares are held indirectly by Farquhar Investment Partnership No. 2, which is a related entity to the reporting person, Scott Farquhar.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Rule 10b5-1 trading plan adopted by Reporting Person. |
| 01/20/2026 | Transaction Date for the sale of Class A Common Stock. |
| 01/21/2026 | Signature Date of the filing by Attorney-in-Fact. |
Keywords
Atlassian, TEAM, Form 4, Insider Trading, Scott Farquhar, Stock Sale, 10b5-1 Plan, Director, 10% Owner
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