[144] Atlassian Corporation SEC Filing

Rhea-AI Filing Summary

Atlassian Corporation (TEAM) Form 144 notice: A holder intends to sell 490,560 shares of common stock through Morgan Stanley Smith Barney, with an aggregate market value of $84,719,712 and an approximate sale date of 09/09/2025 on NASDAQ. The shares were acquired as founders shares on 07/02/2010. The filing also lists a series of prior 10b5-1 sales executed by "Farquhar Investment Partnership 2" on many dates between 06/10/2025 and 09/08/2025, each for 7,665 shares with reported gross proceeds per trade. The notice includes the required representation about absence of undisclosed material adverse information and references a trading plan/10b5-1 program where applicable.

Positive

• Compliance with Rule 144 is documented, including broker details and representation about material information
• Use of 10b5-1 plans for prior sales indicates systematic, prearranged disposition rather than opportunistic trading

Negative

• Large proposed sale of 490,560 shares with an aggregate market value of $84,719,712 may increase share supply
• Ongoing significant selling activity by Farquhar Investment Partnership 2 shown across many dates could be perceived negatively by the market

Insights

Securities Analyst

TL;DR: Large scheduled sale announced; multiple prior 10b5-1 transactions show ongoing systematic disposition.

The filing discloses a proposed sale of 490,560 shares valued at $84,719,712, scheduled for 09/09/2025, executed via Morgan Stanley Smith Barney. The shares were originally held as founders shares acquired on 07/02/2010. The document also enumerates numerous prior 10b5-1 sales by Farquhar Investment Partnership 2 of 7,665 shares each across many dates from June to early September 2025, with varying gross proceeds reported per trade. From a market perspective, a single large notice of sale and repeated daily 10b5-1 dispositions can increase supply pressure and may affect intraday liquidity, but the filing itself is a routine disclosure of intended and prior sales rather than an operational or financial disclosure about the issuer.

Corporate Governance Expert

TL;DR: The filing documents compliance with Rule 144 and reliance on 10b5-1 plans, but signals significant insider/affiliate selling.

The notice indicates the seller holds founders shares acquired in 2010 and is using established broker execution and 10b5-1 programs for systematic sales. The repeated 10b5-1 entries and the current Form 144 suggest structured disposition rather than ad hoc sales, which supports procedural compliance. However, the size of the proposed sale (490,560 shares) is material in absolute terms and warrants attention from governance stakeholders for potential impacts on shareholder composition and perceived insider confidence. The filing contains the required legal representation about material adverse information and does not assert any undisclosed facts.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
COMMON	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	490560	84719712.00	166284669	09/09/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/02/2010	Founders Shares	Issuer			490560	07/02/2010	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	09/08/2025	7665	1315263.41
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	09/05/2025	7665	1317647.99
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	09/04/2025	7665	1285195.15
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	09/03/2025	7665	1311809.56
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	09/02/2025	7665	1325056.98
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/29/2025	7665	1363034.76
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/28/2025	7665	1350045.65
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/27/2025	7665	1311718.35
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/26/2025	7665	1267849.25
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/25/2025	7665	1298426.47
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/22/2025	7665	1300947.49
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/21/2025	7665	1259377.13
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/20/2025	7665	1274675.70
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/19/2025	7665	1279116.04
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/18/2025	7665	1290893.31
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/15/2025	7665	1280292.62
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/14/2025	7665	1251418.56
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/13/2025	7665	1240225.36
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/12/2025	7665	1227274.58
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/11/2025	7665	1253268.12
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/08/2025	7665	1310906.63
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/07/2025	7665	1342412.07
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/06/2025	7665	1424225.22
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/05/2025	7665	1418563.08
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/04/2025	7665	1421324.78
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	08/01/2025	7665	1413649.82
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/31/2025	7665	1488564.46
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/30/2025	7665	1516788.53
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/29/2025	7665	1534552.16
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/28/2025	7665	1548737.78
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/25/2025	7665	1552551.88
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/24/2025	7665	1533824.75
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/23/2025	7665	1554275.74
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/22/2025	7665	1530011.42
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/21/2025	7665	1494517.10
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/18/2025	7665	1477982.16
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/17/2025	7665	1476243.74
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/16/2025	7665	1451517.22
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/15/2025	7665	1454055.87
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/14/2025	7665	1472138.37
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/11/2025	7665	1476610.89
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/10/2025	7665	1569386.52
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/09/2025	7665	1686175.06
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/08/2025	7665	1675304.56
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/07/2025	7665	1644095.74
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/03/2025	7665	1640113.01
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/02/2025	7665	1571266.75
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	07/01/2025	7665	1589078.67
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	06/30/2025	7665	1557214.50
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	06/27/2025	7665	1561075.36
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	06/26/2025	7665	1521581.45
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	06/25/2025	7665	1530751.86
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	06/24/2025	7665	1521715.59
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	06/23/2025	7665	1476877.64
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	06/20/2025	7665	1475066.40
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	06/18/2025	7665	1505717.20
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	06/17/2025	7665	1532336.21
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	06/16/2025	7665	1538204.54
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	06/13/2025	7665	1516642.12
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	06/12/2025	7665	1529519.32
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	06/11/2025	7665	1584883.62
10b5-1 Sales for FARQUHAR INVESTMENT PARTNERSHIP 2 350 Bush Street, Floor 13 San Francisco CA 94104	COMMON	06/10/2025	7665	1631592.60

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What is the size and value of the proposed sale in the TEAM Form 144?

The Form 144 shows a proposed sale of 490,560 shares of common stock with an aggregate market value of $84,719,712 and an approximate sale date of 09/09/2025.

Who is executing the proposed sale and on which exchange for TEAM?

The filing lists Morgan Stanley Smith Barney LLC Executive Financial Services as the broker and NASDAQ as the named securities exchange.

When were the shares being sold originally acquired according to the filing?

The shares were acquired as founders shares on 07/02/2010 according to the acquisition table in the Form 144.

Does the filing show prior sales related to this account?

Yes; the filing lists numerous 10b5-1 sales by Farquhar Investment Partnership 2 of 7,665 shares each on multiple dates from 06/10/2025 to 09/08/2025 with reported gross proceeds for each trade.

Does the Form 144 include a representation about undisclosed material information?

Yes; the signer represents that they do not know any material adverse information about the issuer that has not been publicly disclosed and references reliance on any 10b5-1 plan adoption date where applicable.