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Atlassian Corp (TEAM) entity sells 7,665 shares under 10b5-1 plan

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

Rhea-AI Filing Summary

Atlassian Corp insider activity: An entity associated with director and 10% owner Scott Farquhar reported multiple open-market sales of Atlassian Class A common stock on January 30, 2026 under a pre-arranged Rule 10b5-1 trading plan adopted on February 12, 2025.

The trades, executed in several blocks, totaled 7,665 shares at weighted-average prices between $118.345 and $122.595, with each block executed across intraday price ranges. After these transactions, 314,265 shares of Class A common stock were indirectly beneficially owned through Farquhar Investment Partnership No. 2.

Positive

  • None.

Negative

  • None.
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)
01/30/2026
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 01/30/2026 S(1) 100 D $122.595(2) 321,830 I See Footnote(3)
Class A Common Stock 01/30/2026 S(1) 3,384 D $118.345(4) 318,446 I See Footnote(3)
Class A Common Stock 01/30/2026 S(1) 731 D $120.3554(5) 317,715 I See Footnote(3)
Class A Common Stock 01/30/2026 S(1) 200 D $121.8325(6) 317,515 I See Footnote(3)
Class A Common Stock 01/30/2026 S(1) 3,250 D $119.4544(7) 314,265 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 $122.53 to $122.66. 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 $117.97 to $118.96. 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 $120.00 to $120.94. 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 $121.48 to $122.37. 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 $118.99 to $119.95. 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 02/02/2026
** 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 insider transaction did Atlassian Corp (TEAM) report on January 30, 2026?

Atlassian reported that an entity associated with director and 10% owner Scott Farquhar sold 7,665 shares of Class A common stock on January 30, 2026. The trades were open-market sales executed in multiple blocks at different prices throughout the day.

How many Atlassian (TEAM) shares were sold and at what prices in this Form 4?

A total of 7,665 Atlassian Class A shares were sold in five transactions. Reported weighted-average prices ranged from $118.345 to $122.595 per share, with each block executed across specified intraday price ranges disclosed in the footnotes.

Who sold Atlassian (TEAM) shares and how are they held?

The shares are held by Farquhar Investment Partnership No. 2, an entity associated with reporting person Scott Farquhar. The Form 4 shows indirect beneficial ownership, meaning the holdings are through this partnership rather than held directly in his personal name.

Was the Atlassian (TEAM) insider sale under a Rule 10b5-1 trading plan?

Yes. The filing states the January 30, 2026 sales were effected under a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2025. Such plans pre-schedule trades, providing a structured framework for selling over time.

How many Atlassian (TEAM) shares does the reporting entity own after these sales?

After the reported transactions, Farquhar Investment Partnership No. 2 beneficially owned 314,265 shares of Atlassian Class A common stock. This post-transaction amount is disclosed in the table as indirectly owned following completion of the January 30, 2026 trades.

What do the price range footnotes mean in this Atlassian (TEAM) Form 4?

Each sale’s footnote explains it was executed in multiple trades within a daily price range, such as $122.53 to $122.66. The Form 4 reports only the weighted-average price and notes detailed trade-by-trade data is available upon request to the reporting person.
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