Farquhar Scott 4
4 · Atlassian Corp · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Atlassian (TEAM) Co‑Founder Scott Farquhar Sells 7,665 Shares
What Happened
- Scott Farquhar, a co‑founder and 10% owner of Atlassian Corporation (TEAM), sold a total of 7,665 shares in open‑market transactions on February 4, 2026, for aggregate proceeds of approximately $805,880. The sales were executed as multiple trades with weighted‑average prices reported for each lot.
- Breakdown of reported trades:
- 650 shares @ $106.23 = $69,052
- 150 shares @ $103.05 = $15,458
- 750 shares @ $107.26 = $80,448
- 250 shares @ $100.34 = $25,084
- 850 shares @ $104.43 = $88,763
- 200 shares @ $99.14 = $19,828
- 3,715 shares @ $105.16 = $390,653
- 400 shares @ $102.06 = $40,825
- 700 shares @ $108.24 = $75,769
- These were sales (S) — typically considered routine disposition of shares rather than a bullish signal from an insider.
Key Details
- Transaction date: February 4, 2026; Form 4 filed February 5, 2026 (timely filing).
- Aggregate shares sold: 7,665; aggregate proceeds: ~$805,880.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Notable footnotes:
- The reporting person adopted a Rule 10b5‑1 trading plan on February 12, 2025 (sales were effected pursuant to that plan).
- Some lots were executed as multiple intraday trades; the filing reports weighted‑average prices and discloses intra‑day price ranges upon request to the SEC staff or issuer.
- Certain shares are held via Farquhar Investment Partnership No. 2.
- Filing timeliness: Filing appears timely (filed the next day); no late filing indicated.
Context
- Sales under a prearranged Rule 10b5‑1 plan are planned dispositions and do not necessarily signal a change in the insider’s view of the company. Farquhar is a large shareholder/co‑founder (10% owner), so these transactions reflect major‑holder selling rather than routine employee compensation sales.
- For retail investors, purchases by insiders tend to be more informative about insider sentiment; however, disclosure of 10b5‑1 use and the large holder status are useful context for interpreting these sales.
Insider Transaction Report
Form 4
Atlassian CorpTEAM
Farquhar Scott
Director10% Owner
Transactions
- Sale
Class A Common Stock
[F1][F2][F3]2026-02-04$106.23/sh−650$69,052→ 298,285 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F4][F3]2026-02-04$103.05/sh−150$15,458→ 298,135 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F5][F3]2026-02-04$107.26/sh−750$80,448→ 297,385 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F6][F3]2026-02-04$100.34/sh−250$25,084→ 297,135 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F7][F3]2026-02-04$104.43/sh−850$88,763→ 296,285 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F8][F3]2026-02-04$99.14/sh−200$19,828→ 296,085 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F9][F3]2026-02-04$105.16/sh−3,715$390,653→ 292,370 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F10][F3]2026-02-04$102.06/sh−400$40,825→ 291,970 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F11][F3]2026-02-04$108.24/sh−700$75,769→ 291,270 total(indirect: See Footnote)
Footnotes (11)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025.
- [F10]This transaction was executed in multiple trades during the day at prices ranging from $101.45 to $102.39. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F11]This transaction was executed in multiple trades during the day at prices ranging from $107.88 to $108.82. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F2]This transaction was executed in multiple trades during the day at prices ranging from $105.78 to $106.56. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F3]Shares are held by Farquhar Investment Partnership No. 2.
- [F4]This transaction was executed in multiple trades during the day at prices ranging from $102.66 to $103.55. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F5]This transaction was executed in multiple trades during the day at prices ranging from $106.81 to $107.72. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F6]This transaction was executed in multiple trades during the day at prices ranging from $99.95 to $100.50. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F7]This transaction was executed in multiple trades during the day at prices ranging from $103.77 to $104.76. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F8]This transaction was executed in multiple trades during the day at prices ranging from $98.80 to $99.47. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F9]This transaction was executed in multiple trades during the day at prices ranging from $104.77 to $105.71. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
Signature
/s/ Veena Bhatia, Attorney-in-Fact for Farquhar Scott|2026-02-05