Atlassian TEAM insider Form 4 shows RSU tax-cover stock sales

Rhea-AI Filing Summary

Atlassian Corporation’s Chief Revenue Officer, who is an officer of the company, reported multiple sales of Class A Common Stock on 11/19/2025 on a Form 4. The transactions involved small blocks of shares sold at prices around $146.69–$149.62 per share, with each sale coded as an "S" transaction.

The explanation states that these sales were made solely to cover tax withholding obligations arising from the vesting and settlement of RSUs through a "sell to cover" arrangement, and are described as non-discretionary by the reporting person. After the reported transactions, the officer beneficially owned 126,536 shares of Atlassian Class A Common Stock in direct ownership.

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

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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^*

DUFFY BRIAN

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Revenue Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/19/2025

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	11/19/2025		S(1)		156	D	$149.6166(2)	128,320	D
Class A Common Stock	11/19/2025		S(1)		868	D	$146.6924(3)	127,452	D
Class A Common Stock	11/19/2025		S(1)		737	D	$147.6287(4)	126,715	D
Class A Common Stock	11/19/2025		S(1)		179	D	$148.6424(5)	126,536	D

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. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.

2. This transaction was executed in multiple trades during the day at prices ranging from $149.22 to $150.09. 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. This transaction was executed in multiple trades during the day at prices ranging from $146.22 to $147.21. 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.

4. This transaction was executed in multiple trades during the day at prices ranging from $147.22 to $148.21. 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 $148.22 to $149.21. 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 DUFFY BRIAN	11/20/2025
	** 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 (TEAM) disclose in this Form 4 filing?

The filing reports that Atlassian’s Chief Revenue Officer sold small amounts of Class A Common Stock on 11/19/2025, with each transaction coded as a sale ("S").

How many Atlassian (TEAM) shares does the officer own after these transactions?

Following the reported transactions, the officer beneficially owned 126,536 shares of Atlassian Class A Common Stock in direct ownership.

Why were the Atlassian (TEAM) shares sold by the Chief Revenue Officer?

The filing explains that the shares were sold to cover tax withholding obligations related to the vesting and settlement of RSUs under a "sell to cover" arrangement.

Were the Atlassian (TEAM) stock sales discretionary trades?

No. The filing states that the sales were made to satisfy tax withholding obligations and do not represent a discretionary transaction by the reporting person.

At what prices were the Atlassian (TEAM) shares sold on 11/19/2025?

The reported sales were executed in multiple trades, with weighted prices such as $149.6166, $146.6924, $147.6287, and $148.6424 per share, each supported by ranges disclosed in the notes.

What trading ranges are disclosed for the Atlassian (TEAM) Form 4 transactions?

The notes state that trades occurred in ranges including $149.22–$150.09, $146.22–$147.21, $147.22–$148.21, and $148.22–$149.21 on 11/19/2025.