Farquhar Scott 4
4 · Atlassian Corp · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Atlassian (TEAM) 10% Owner Scott Farquhar Sells Shares
What Happened Scott Farquhar, a reported 10% owner of Atlassian Corp (TEAM), sold a total of 7,665 shares in open‑market transactions on February 6, 2026. The sales were executed in multiple lots at weighted‑average prices reported per lot (ranging roughly from $93.10 to $101.75), generating aggregate proceeds of approximately $726,717. At least one of the transactions was effected pursuant to a Rule 10b5‑1 trading plan adopted by Farquhar on February 12, 2025. These were disposals (sales), not purchases.
Key Details
- Date of transactions: February 6, 2026 (filing date: February 6, 2026).
- Lots sold (WAP / proceeds):
- 2,500 shares @ $94.10 = $235,238
- 2,065 shares @ $95.08 = $196,341
- 1,850 shares @ $93.10 = $172,233
- 350 shares @ $96.02 = $33,607
- 300 shares @ $96.95 = $29,087
- 250 shares @ $100.81 = $25,202
- 200 shares @ $99.64 = $19,927
- 100 shares @ $101.75 = $10,175
- 50 shares @ $98.13 = $4,907
- Total: 7,665 shares for ~$726,717.
- Shares owned after the transactions: Not specified in the provided filing details.
- Notable footnotes: one transaction was under a Rule 10b5‑1 plan (adopted Feb 12, 2025); several lots were executed as multiple trades during the day with reported price ranges and weighted‑average prices; some shares are held by Farquhar Investment Partnership No. 2. The reporting person offered to provide full execution details upon request.
- Filing timeliness: Reported on the same day as the transactions (no late filing indicated).
Context This report documents sales by a 10% owner rather than a purchase or option exercise. Sales by large holders can reflect preplanned trading (e.g., a 10b5‑1 plan) or portfolio decisions; the filing itself does not state the seller’s motivation. The presence of a 10b5‑1 plan and multiple intraday executions indicates at least some trades were prearranged and/or executed across several fills.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-02-06$96.02/sh−350$33,607→ 283,255 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F4][F3]2026-02-06$101.75/sh−100$10,175→ 283,155 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F5][F3]2026-02-06$96.95/sh−300$29,087→ 282,855 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F6][F3]2026-02-06$94.10/sh−2,500$235,238→ 280,355 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F7][F3]2026-02-06$95.08/sh−2,065$196,341→ 278,290 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F3]2026-02-06$98.13/sh−50$4,907→ 278,240 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F8][F3]2026-02-06$93.10/sh−1,850$172,233→ 276,390 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F9][F3]2026-02-06$99.64/sh−200$19,927→ 276,190 total(indirect: See Footnote) - Sale
Class A Common Stock
[F1][F10][F3]2026-02-06$100.81/sh−250$25,202→ 275,940 total(indirect: See Footnote)
Footnotes (10)
- [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 $100.42 to $101.08. 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 $95.62 to $96.51. 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 $101.74 to $101.75. 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 $96.63 to $97.59. 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 $93.58 to $94.52. 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 $94.62 to $95.58. 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 $92.58 to $93.55. 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.
- [F9]This transaction was executed in multiple trades during the day at prices ranging from $99.26 to $99.82. 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.