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TEAM - Atlassian Corp

Insider Sale by Farquhar Scott (Dir, 10%)

Stock Price (After Trade)
Stock Price (Before Trade)

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Trade Summary

2 days ago, Farquhar Scott, serving as Dir, 10% owner at Atlassian Corp (TEAM), sold 7,665 shares at $163.51 per share, for a total transaction value of $1,253,265.00. Following this transaction, Farquhar Scott now holds 7,665 shares of TEAM.

This sale represents a 50.00% decrease in Farquhar Scott's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Tuesday, December 30, 2025 and publicly disclosed via SEC Form 4 filing on Wednesday, December 31, 2025, 1 day after the trade was made.

Atlassian Corp operates in the TECHNOLOGY sector, specifically within the SOFTWARE - APPLICATION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Farquhar Scott

Farquhar Scott

Dir, 10%

Scott Farquhar is an Australian entrepreneur and co-founder of Atlassian Corporation (NASDAQ: TEAM), where he served as co-CEO until August 2024 and remains a board director, special adviser, and 10% owner. Born in December 1979 in Sydney, he earned a BSc in Business Information Technology from the University of New South Wales, where he met co-founder Mike Cannon-Brookes. In 2002, the pair launched Atlassian from a dorm room with $10,000 in credit card debt, bootstrapping the company to develop tools like Jira for issue tracking and project management, prioritizing product quality over traditional sales. Atlassian's growth accelerated with its 2010 funding from Accel, a 2015 Nasdaq IPO valuing the company at $4.37 billion—making Farquhar and Cannon-Brookes Australia's first tech billionaires—and a 2022 redomicile to the U.S. Farquhar's leadership earned accolades including Ernst & Young’s Australian Entrepreneur of the Year (2006, youngest recipient) and Australian Financial Review’s Business Person of the Year (2016). Beyond Atlassian, he co-founded Skip Capital, a venture fund targeting tech in big data and health, and spearheaded Pledge 1%, a philanthropy initiative joined by over 10,000 companies. As of December 3, 2025, Farquhar sold 7,863 TEAM shares worth $1.18 million under a 10b5-1 plan, retaining indirect ownership of 145,635 shares via Farquhar Investment Partnership No. 2.

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Trade Price

$163.51

Quantity

7,665

Total Value

$1,253,265.00

Shares Owned

7,665

Trade Date

Tuesday, December 30, 2025

2 days ago

SEC Filing Date

Wednesday, December 31, 2025

Filed 1 day after trade

TECHNOLOGYSOFTWARE - APPLICATION

About Atlassian Corp

Company Overview

No company information available
View news mentioning TEAM

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