[Form 4] Atlassian Corp Insider Trading Activity

Rhea-AI Filing Summary

On 10/09/2025 a Form 4 shows that Scott Farquhar, a director and listed 10% owner of Atlassian Corporation (ticker TEAM), sold a total of 7,665 shares of Class A common stock under a pre-existing Rule 10b5-1 trading plan. The sales executed in multiple trades at weighted-average prices near the reported figures: $149.16, $148.1166, and $150.0661.

Following those disposals, the filings report indirect beneficial ownership of 436,905 Class A shares held through Farquhar Investment Partnership No. 2. The Form 4 is signed by an attorney-in-fact and discloses the 10b5-1 plan adoption date of 02/12/2025, indicating the transactions were executed pursuant to that plan and properly reported.

Positive

• Transactions executed under a Rule 10b5-1 plan, adopted on 02/12/2025, indicating procedural safeguards
• Form 4 filed and signed (attorney-in-fact signature), showing timely disclosure of insider activity

Negative

• Insider sold 7,665 Class A shares on 10/09/2025, which may signal personal liquidity needs
• Indirect beneficial ownership decreased to 436,905 shares held by Farquhar Investment Partnership No. 2

Insights

Corporate Governance Analyst

Insider sales followed an established 10b5-1 plan, showing procedural compliance.

The reporting person is both a director and a 10% owner, and the Form 4 discloses that the trades on 10/09/2025 were executed under a Rule 10b5-1 plan adopted on 02/12/2025. That structure typically provides an affirmative defense to insider trading claims when plans are properly adopted and followed.

Key dependencies include the plan's stated parameters and timing; investors may note the plan adoption date and that the filer committed to provide detailed trade-level pricing on request. For near-term monitoring, check any additional Form 4/A amendments or related disclosures in the next 7–30 days.

Equity Trading Analyst

Small-volume insider disposals executed across multiple trades at ~$149.

The total sold equals 7,665 Class A shares executed in multiple transactions with reported weighted-average prices of $149.16, $148.1166, and $150.0661. The sales reduced indirect holdings to 436,905 shares held by the named investment partnership.

These sales are modest relative to typical institutional blocks but are material as insider activity; watch for further Form 4 filings or plan-specified selling windows over the next 30–90 days to gauge ongoing insider liquidity.

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).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

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)
10/09/2025

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	10/09/2025		S(1)		1,450	D	$149.16(2)	443,120	I	See Footnote(3)
Class A Common Stock	10/09/2025		S(1)		5,315	D	$148.1166(4)	437,805	I	See Footnote(3)
Class A Common Stock	10/09/2025		S(1)		900	D	$150.0661(5)	436,905	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 $148.65 to $149.56. 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 $147.65 to $148.62. 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 $149.65 to $150.58. 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.

Remarks:

	/s/ Veena Bhatia, Attorney-in-Fact for Farquhar Scott	10/10/2025
	** 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 Atlassian director Scott Farquhar sell on 10/09/2025 (TEAM)?

The Form 4 reports the sale of 7,665 Class A shares executed in multiple trades on 10/09/2025 under a Rule 10b5-1 plan.

At what prices were TEAM shares sold by the reporting person?

The filing lists weighted-average prices near $149.16, $148.1166, and $150.0661 for the executed trades.

How much TEAM stock does the reporting person beneficially own after the sales?

After the reported transactions, indirect beneficial ownership is 436,905 Class A shares held through Farquhar Investment Partnership No. 2.

Were the sales part of an automated trading plan for TEAM insider?

Yes. The Form 4 states the trades were effected pursuant to a Rule 10b5-1 trading plan adopted on 02/12/2025.

Who signed the Form 4 reporting Scott Farquhar's TEAM transactions?

The filing is signed by Veena Bhatia, Attorney-in-Fact for Scott Farquhar on 10/10/2025.