TEAM Form 4: Director and 10% owner discloses Atlassian share sales

Q: What did the insider report in this Form 4 for Atlassian (TEAM)?

The filing shows a director and 10% owner of Atlassian Corp (TEAM) reported multiple open-market sales of Class A Common Stock on 11/14/2025 , executed under a pre-established Rule 10b5-1 trading plan .

Q: At what prices were the Atlassian (TEAM) shares sold in this Form 4?

The sales were reported at weighted-average prices of $153.0975 , $154.79 , $154.1847 , $152.0656 , $150.2043 and $151.266 , with each price representing multiple trades within specified intraday price ranges.

Q: How is the insider’s ownership in Atlassian (TEAM) structured after the trades?

The filing states the shares are held indirectly by Farquhar Investment Partnership No. 2 , and the reporting person’s ownership is classified as indirect beneficial ownership for the 237,615 Atlassian Class A shares.

Q: What is the relationship of the reporting person to Atlassian (TEAM)?

The reporting person is identified as both a Director and a 10% Owner of Atlassian Corp , indicating a significant governance role and substantial equity interest.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Atlassian Corp (TEAM) reported that a director and 10% owner executed multiple open-market sales of Class A Common Stock on 11/14/2025 under a pre-arranged Rule 10b5-1 trading plan adopted on February 12, 2025.

The reported transactions include several small blocks of shares sold at weighted-average prices such as $153.0975, $154.79, $154.1847, $152.0656, $150.2043 and $151.266, with each price reflecting multiple trades within disclosed intraday ranges.

Following these sales, the reporting person is shown as indirectly holding 237,615 shares of Atlassian Class A Common Stock through Farquhar Investment Partnership No. 2, indicating continued substantial ownership alongside the disclosed trading activity.

Insider Trade Summary

Net Seller: 7,665 shares ($1,168,980)

Net Sell 6 txns

Insider Farquhar Scott

Role Director, 10% Owner

Sold 7,665 shs ($1.17M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	1,409	$153.0975	$216K
Sale	Class A Common Stock	50	$154.79	$8K
Sale	Class A Common Stock	1,450	$154.1847	$224K
Sale	Class A Common Stock	3,638	$152.0656	$553K
Sale	Class A Common Stock	350	$150.2043	$53K
Sale	Class A Common Stock	768	$151.266	$116K

Holdings After Transaction: Class A Common Stock — 243,871 shares (Indirect, See Footnote)

Footnotes (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 $152.60 to $153.56. 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. Shares are held by Farquhar Investment Partnership No. 2. This transaction was executed in multiple trades during the day at prices ranging from $153.63 to $154.58. 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. This transaction was executed in multiple trades during the day at prices ranging from $151.60 to $152.56. 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. This transaction was executed in multiple trades during the day at prices ranging from $149.59 to $150.50. 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 $150.60 to $151.59. 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.

Form 4 Insider Transactions: What Each Field Means →

11/17/2025 - 05:10 PM

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).

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

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)
11/14/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	11/14/2025		S⁽¹⁾		1,409	D	$153.0975⁽²⁾	243,871	I	See Footnote⁽³⁾
Class A Common Stock	11/14/2025		S⁽¹⁾		50	D	$154.79	243,821	I	See Footnote⁽³⁾
Class A Common Stock	11/14/2025		S⁽¹⁾		1,450	D	$154.1847⁽⁴⁾	242,371	I	See Footnote⁽³⁾
Class A Common Stock	11/14/2025		S⁽¹⁾		3,638	D	$152.0656⁽⁵⁾	238,733	I	See Footnote⁽³⁾
Class A Common Stock	11/14/2025		S⁽¹⁾		350	D	$150.2043⁽⁶⁾	238,383	I	See Footnote⁽³⁾
Class A Common Stock	11/14/2025		S⁽¹⁾		768	D	$151.266⁽⁷⁾	237,615	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $152.60 to $153.56. 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 $153.63 to $154.58. 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.

5. This transaction was executed in multiple trades during the day at prices ranging from $151.60 to $152.56. 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.

6. This transaction was executed in multiple trades during the day at prices ranging from $149.59 to $150.50. 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 $150.60 to $151.59. 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	11/17/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did the insider report in this Form 4 for Atlassian (TEAM)?

The filing shows a director and 10% owner of Atlassian Corp (TEAM) reported multiple open-market sales of Class A Common Stock on 11/14/2025, executed under a pre-established Rule 10b5-1 trading plan.

How many Atlassian (TEAM) shares does the reporting person hold after the transactions?

After the reported sales on 11/14/2025, the filing states the reporting person beneficially owns 237,615 shares of Atlassian Class A Common Stock, held indirectly through Farquhar Investment Partnership No. 2.

At what prices were the Atlassian (TEAM) shares sold in this Form 4?

The sales were reported at weighted-average prices of $153.0975, $154.79, $154.1847, $152.0656, $150.2043 and $151.266, with each price representing multiple trades within specified intraday price ranges.

Was a Rule 10b5-1 trading plan used for the Atlassian (TEAM) insider sales?

Yes. The explanation notes that these transactions were effected pursuant to a Rule 10b5-1 trading plan that the reporting person adopted on February 12, 2025.

How is the insider’s ownership in Atlassian (TEAM) structured after the trades?

The filing states the shares are held indirectly by Farquhar Investment Partnership No. 2, and the reporting person’s ownership is classified as indirect beneficial ownership for the 237,615 Atlassian Class A shares.

What is the relationship of the reporting person to Atlassian (TEAM)?

The reporting person is identified as both a Director and a 10% Owner of Atlassian Corp, indicating a significant governance role and substantial equity interest.