Farquhar Scott 4
4 · Atlassian Corp · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Atlassian (TEAM) 10% Owner Farquhar Scott Sells Shares
What Happened
Farquhar Scott, a reported 10% owner of Atlassian Corp (TEAM), sold a total of 7,665 shares in multiple open-market transactions on February 5, 2026. The filing lists eight sale blocks:
- 1,750 shares @ $103.28 = $180,748
- 850 shares @ $102.38 = $87,027
- 950 shares @ $105.27 = $100,003
- 1,400 shares @ $104.53 = $146,348
- 1,415 shares @ $98.37 = $139,197
- 50 shares @ $106.04 = $5,302
- 350 shares @ $101.31 = $35,459
- 900 shares @ $99.87 = $89,887
Total sold: 7,665 shares for approximately $783,971. These were dispositions (sales), which are typically routine liquidity or rebalancing actions rather than affirmative bullish purchases.
Key Details
- Transaction date: February 5, 2026; Form 4 filed February 6, 2026 (timely).
- Reported per-share weighted-average prices are shown above; several footnotes state each block was executed in multiple trades during the day with price ranges (see footnotes F2–F9).
- Total proceeds ≈ $783,971.
- Shares held/owned following the transactions: not disclosed in the provided filing excerpt.
- Notable footnotes:
- F1: Transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on Feb 12, 2025.
- F3: Shares sold are held by Farquhar Investment Partnership No. 2.
- F2, F4–F9: Several trades were executed in multiple executions during the day; weighted-average prices are reported and specific per-trade details can be provided upon request to the SEC staff, issuer, or a security holder.
Context
- A Rule 10b5-1 plan lets insiders sell shares according to a pre-set schedule even when they later possess material nonpublic information; sales under such plans are commonly used for planned liquidity and are viewed differently than ad-hoc insider sales.
- As a 10% owner, Scott is a large shareholder (not necessarily an employee/executive trading on compensation); such disposals can reflect portfolio management rather than a signal about company fundamentals.
- This filing shows sales (S codes). Purchases generally carry more weight as bullish signals; these reported sales are informational for investors tracking insider liquidity.
Insider Transaction Report
Form 4
Atlassian CorpTEAM
Farquhar Scott
Director10% Owner
Transactions
- Sale
Class A Common Stock
[F1][F2][F3]2026-02-05$103.28/sh−1,750$180,748→ 289,520 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F4][F3]2026-02-05$102.38/sh−850$87,027→ 288,670 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F5][F3]2026-02-05$105.27/sh−950$100,003→ 287,720 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F6][F3]2026-02-05$104.53/sh−1,400$146,348→ 286,320 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F7][F3]2026-02-05$98.37/sh−1,415$139,197→ 284,905 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F3]2026-02-05$106.04/sh−50$5,302→ 284,855 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F8][F3]2026-02-05$101.31/sh−350$35,459→ 284,505 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F9][F3]2026-02-05$99.87/sh−900$89,887→ 283,605 total(indirect: See Footnote)
Footnotes (9)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025.
- [F2]This transaction was executed in multiple trades during the day at prices ranging from $102.91 to $103.70. 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 $101.81 to $102.79. 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 $104.94 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.
- [F6]This transaction was executed in multiple trades during the day at prices ranging from $103.94 to $104.91. 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 $97.94 to $98.93. 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 $100.74 to $101.60. 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 $99.45 to $100.41. 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|2026-02-06