Director and 10% Owner of Atlassian (NASDAQ: TEAM ), Farquhar Scott, sold 9,815 shares of Class A Common Stock on August 1, 2025, according to a recent SEC filing. The sales, executed under a pre-arranged 10b5-1 trading plan, resulted in gross proceeds of approximately $1.4 million. The transaction comes as the $48.6 billion market cap company's stock has declined 41% over the past six months, though InvestingPro analysis indicates the stock is currently trading near its Fair Value. The shares were sold in multiple transactions with prices ranging from $182.7486 to $189.09. With Atlassian's next earnings report due in just 3 days and the company maintaining a FAIR financial health rating, investors seeking deeper insights can access comprehensive insider trading analysis through InvestingPro 's detailed research reports.