STOCK TITAN

TEAM Form 4: Director/10% owner sells shares via 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Atlassian (TEAM) director and 10% owner reported insider sales. On 10/14/2025, the reporting person executed multiple open‑market sales of Atlassian Class A common stock (transaction code S) pursuant to a Rule 10b5‑1 trading plan adopted on February 12, 2025.

The trades were executed in multiple transactions at weighted‑average prices ranging from $148.1956 to $157.39. Following these transactions, the reporting person beneficially owns 413,910 shares, held indirectly through Farquhar Investment Partnership No. 2.

Positive

  • None.

Negative

  • None.

Insights

Routine 10b5-1 insider sales; neutral signal.

A director and 10% owner disclosed open‑market sales of Atlassian Class A shares on 10/14/2025 under a pre‑set Rule 10b5‑1 plan adopted on February 12, 2025. Such plans automate trades to reduce discretion and potential information concerns.

Weighted‑average prices ranged from $148.1956 to $157.39. After the sales, beneficial ownership stands at 413,910 shares held indirectly via Farquhar Investment Partnership No. 2. The filing lists standard price ranges and the ability to provide trade‑level detail upon request.

Actual market impact depends on holder decisions and liquidity; the disclosure is administrative, with no stated change to company operations or guidance.

Insider Farquhar Scott
Role Director, 10% Owner
Sold 7,665 shs ($1.18M)
Type Security Shares Price Value
Sale Class A Common Stock 700 $156.0014 $109K
Sale Class A Common Stock 1,800 $153.4697 $276K
Sale Class A Common Stock 292 $151.1271 $44K
Sale Class A Common Stock 450 $148.1956 $67K
Sale Class A Common Stock 300 $149.0967 $45K
Sale Class A Common Stock 1,406 $156.7291 $220K
Sale Class A Common Stock 1,650 $154.327 $255K
Sale Class A Common Stock 350 $152.1383 $53K
Sale Class A Common Stock 675 $150.3279 $101K
Sale Class A Common Stock 42 $157.39 $7K
Holdings After Transaction: Class A Common Stock — 420,875 shares (Indirect, See Footnote)
Footnotes (1)
  1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025. This transaction was executed in multiple trades during the day at prices ranging from $151.95 to $152.47. 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. This transaction was executed in multiple trades during the day at prices ranging from $149.80 to $150.77. 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. This transaction was executed in multiple trades during the day at prices ranging from $155.36 to $156.34. 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. Shares are held by Farquhar Investment Partnership No. 2. This transaction was executed in multiple trades during the day at prices ranging from $152.95 to $153.91. 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. This transaction was executed in multiple trades during the day at prices ranging from $150.90 to $151.74. 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. This transaction was executed in multiple trades during the day at prices ranging from $147.71 to $148.49. 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. This transaction was executed in multiple trades during the day at prices ranging from $148.71 to $149.44. 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. This transaction was executed in multiple trades during the day at prices ranging from $156.37 to $157.20. 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. This transaction was executed in multiple trades during the day at prices ranging from $153.98 to $154.87. 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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Farquhar Scott

(Last) (First) (Middle)
C/O ATLASSIAN CORPORATION
350 BUSH STREET, FLOOR 13

(Street)
SAN FRANCISCO CA 94104

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Atlassian Corp [ TEAM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/14/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 10/14/2025 S(1) 700 D $156.0014(2) 420,875 I See Footnote(3)
Class A Common Stock 10/14/2025 S(1) 1,800 D $153.4697(4) 419,075 I See Footnote(3)
Class A Common Stock 10/14/2025 S(1) 292 D $151.1271(5) 418,783 I See Footnote(3)
Class A Common Stock 10/14/2025 S(1) 450 D $148.1956(6) 418,333 I See Footnote(3)
Class A Common Stock 10/14/2025 S(1) 300 D $149.0967(7) 418,033 I See Footnote(3)
Class A Common Stock 10/14/2025 S(1) 1,406 D $156.7291(8) 416,627 I See Footnote(3)
Class A Common Stock 10/14/2025 S(1) 1,650 D $154.327(9) 414,977 I See Footnote(3)
Class A Common Stock 10/14/2025 S(1) 350 D $152.1383(10) 414,627 I See Footnote(3)
Class A Common Stock 10/14/2025 S(1) 675 D $150.3279(11) 413,952 I See Footnote(3)
Class A Common Stock 10/14/2025 S(1) 42 D $157.39 413,910 I See Footnote(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025.
2. This transaction was executed in multiple trades during the day at prices ranging from $155.36 to $156.34. 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.
3. Shares are held by Farquhar Investment Partnership No. 2.
4. This transaction was executed in multiple trades during the day at prices ranging from $152.95 to $153.91. 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.
5. This transaction was executed in multiple trades during the day at prices ranging from $150.90 to $151.74. 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.
6. This transaction was executed in multiple trades during the day at prices ranging from $147.71 to $148.49. 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.
7. This transaction was executed in multiple trades during the day at prices ranging from $148.71 to $149.44. 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.
8. This transaction was executed in multiple trades during the day at prices ranging from $156.37 to $157.20. 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.
9. This transaction was executed in multiple trades during the day at prices ranging from $153.98 to $154.87. 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.
10. This transaction was executed in multiple trades during the day at prices ranging from $151.95 to $152.47. 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.
11. This transaction was executed in multiple trades during the day at prices ranging from $149.80 to $150.77. 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.
Remarks:
/s /Drew Parkes, Attorney-in-Fact for Farquhar Scott 10/15/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did TEAM’s insider report on Form 4?

A director and 10% owner reported open‑market sales (code S) of Class A common stock on 10/14/2025.

Were the TEAM insider sales under a Rule 10b5‑1 plan?

Yes. The trades were effected under a Rule 10b5‑1 plan adopted on February 12, 2025.

What prices were the TEAM shares sold at?

Weighted‑average prices ranged from $148.1956 to $157.39 across multiple transactions.

How many TEAM shares does the insider own after these trades?

Beneficial ownership is 413,910 shares, held indirectly through Farquhar Investment Partnership No. 2.

What is the insider’s relationship to Atlassian (TEAM)?

The reporting person is a Director and 10% Owner.

How are the shares held according to the filing?

Indirectly, through Farquhar Investment Partnership No. 2.